President Donald Trump reportedly supports efforts to ban congressional lawmakers from using insider information to trade stocks for huge profits.
Addressing the issue, the White House took a direct shot at former House Speaker Nancy Pelosi (D-CA).
Press Secretary Karoline Leavitt stated that Pelosi’s actions are behind the push to ban lawmakers from trading stocks.
Using insider information to trade stocks is a crime for most Americans.
However, members of Congress get a free pass on insider trading.
Pelosi argues that her husband trades stocks and claims they never discuss insider information that could earn them tens of millions of dollars in profits.
This argument is supported by Democrat-aligned corporate media outlets and sleazy “fact checkers” who insist that Pelosi doesn’t discuss stock trades with her husband in the privacy of their home.
At Thursday’s press briefing, Leavitt responded to questions about the growing bipartisan effort to stop members of Congress from engaging in stock trading.
“The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi,” Leavitt remarked.
Leavitt pointed to the former speaker’s significant wealth despite her modest congressional salary.
The press secretary highlighted the glaring discrepancy between Pelosi’s annual salary of $174,000 and her estimated net worth of around $413 million.
Leavitt called attention to Pelosi’s stock portfolio’s dramatic growth in 2024.
The portfolio increased by a staggering 70%.
Such growth far outpaces even Wall Street’s top traders.
“I mean, she is rightfully criticized because she makes $174,000 a year,” Leavitt noted.
“Yet she has a net worth of approximately $413 million.
“In 2024, Nancy Pelosi’s stock portfolio grew 70% in one year.”
The comments from the White House come after Trump accused Pelosi of leveraging “inside information” to build her wealth.
He accused her of using her position for personal financial gain.
Trump’s criticism further fueled the argument that members of Congress should not be allowed to trade stocks, especially when such trades could potentially be based on insider knowledge gleaned from their roles in government.
Leavitt stressed that President Trump stands with the American people on the issue, saying:
“He doesn’t want to see people like Nancy Pelosi enriching themselves off of public service and ripping off their constituents in the process.”
WATCH:
How was this allowed? Karoline Leavitt just REVEALED Nancy Pelosi’s 2024 stock portfolio surged over 70%—beating out EVERY major hedge fund on Wall Street.
“In 2024, Nancy Pelosi’s stock portfolio—this was a fascinating statistic to me—grew 70% in one year in 2024.” pic.twitter.com/NBPxcv1wUx
— Stephen Gardner (@StephenGardnerX) July 31, 2025
The remarks underscore the broader conservative frustration with lawmakers who, despite serving in public office, appear to profit significantly from their positions.
This escalating scandal has led to calls from both sides of the aisle to implement tougher regulations on stock trading by lawmakers.
Many are questioning whether Pelosi’s financial success is linked to her long tenure in Congress and her access to critical government information.
With the political establishment under increased scrutiny, Trump’s criticism and the White House’s comments could signal more pressure to come.
READ MORE – Pelosi: Jeffrey Epstein Story Is a ‘Harmful’ ‘Distraction’
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