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President Trump Weighs In On Pelosi’s Stock Trading


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Nancy Pelosi has insider information….

At least that’s what President Trump is saying. According to Breitbart, President Trump supports banning Pelosi and other members of Congress from stock trading.

Recent reports have revealed that close to 50 members of Congress are in violation of the STOCK Act, yet no serious action has been taken to either punish these public servants or curb the activity.

A current bipartisan effort exists in an attempt to ban trading by members of Congress, but that is akin to asking automobile manufacturers to support banning automobiles.

As we have previous seen, the STOCK Act passed in 2012 was not a deterrent, so how could further legislation be?

The idea that Congress can regulate itself is almost as absurd as the idea that they can vote themselves pay raises while clinging to political immunity…

Here’s more on the story:

President Trump told Breitbart in a recent interview:

“She has inside information. It’s not right. It’s not appropriate. It shouldn’t be,” Trump said when asked by Breitbart News about Pelosi’s stock trading.

“She doesn’t want to discuss that. She wants to discuss other things that shouldn’t be discussed. Some of the things that they’re proposing now, like impeaching someone for absolutely no reason for a perfect phone call.

You look at that. You look at impeachment—both of them. But you get impeached for a phone call that was like perfecto. So many different things. I happen to watch her and see her and dealt with her a lot and I think she’s clever in one way and stone cold crazy.

She should not be allowed to do that with the stocks. She should not be allowed to do that. It’s not fair to the rest of this country.”

 

The New York Post highlights some of her recent trading activity:

Late last month, the House Speaker disclosed that the Pelosis scooped up millions in bullish call options for stocks including Google, Salesforce, Micron Technology and Roblox. At the same, some insiders say she has slow-walked efforts to rein in Big Tech.

Days later, Pelosi brushed off worries over stock picking by lawmakers, claiming it was part of the “free-market economy” — comments that made Democratic insiders “blood boil,” people close to the speaker told The Post.



 

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