Posted on 06/07/2022 11:20:41 AM PDT by MarvinStinson
U.S. House Speaker Nancy Pelosi disclosed new stock market trades on Monday, showing purchases of options to buy shares of Apple Inc and Microsoft Corp.
In a periodic transaction report signed last Friday and appearing on the House of Representatives' website on Monday, the senior Democrat disclosed that her husband, financier Paul Pelosi, on May 13 bought Apple call options for between $500,001 and $1 million.
On May 24, he bought more Apple call options, in an amount between $250,001 and $500,000, the disclosure https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2022/20021142.pdf shows. On the same day, Paul Pelosi bought Microsoft call options for as much as $600,000.
Users on social media platforms including Twitter, Reddit, Youtube and TikTok have scrutinized Pelosi's trade disclosures in recent months, believing her position as House Speaker gives her and her husband an edge.
Pelosi in January signaled that she might be willing to advance legislation to completely ban stock trading by lawmakers. That was a reversal from her previous position defending lawmakers' right to trade stocks.
Proposals by Democrats in Congress this year to prohibit stock trading by lawmakers have yet to pass.
Pelosi's stock trading performance ranked sixth-best in Congress in 2021, with Republican Congressman Austin Scott leading the way, according to an analysis https://unusualwhales.com/i_am_the_senate/full by Unusual Whales, a service selling financial data.
Paul Pelosi's purchases of Apple and Microsoft options in May followed a steep Wall Street selloff this year related to worries about inflation and rising interest rates.
So far in 2022, Pelosi has filed six transaction reports, disclosing several trades in Apple. She has also disclosed trades in Walt Disney Co, Tesla Inc, PayPal Holdings and other widely held stocks.
(Excerpt) Read more at aol.com ...
Well let’s short it so it goes down on them and they lose :-)
buying that many options can move the stock.
Drunken Pelosi doing what the yahoos at wallstreetbets on reddit try to do
Trump arrived in DC rich and left a lot poorer. Bella Pelosi,OTOH,arrived in DC penniless and will leave worth hundreds of millions. Funny how that works out!
Her husband was always pretty well off. They had met and married in their native Baltimore and moved to CA, which was where Nancy’s brother had gotten into SF politics and then she followed him on the Board of Supervisors and got her start.
She had been involved in Baltimore stuff because she had interned for a Maryland senator just after she graduated college.
I was living in SF when she got elected, posing as an Italian American “of the people”...from her Pacific Heights mansion. I couldn’t stand her.
Beat me to it.
Her Dad was involved in Boston politics and was Mayor at one time. Interesting nugget. On September 21, 1966, President Lyndon Baines Johnson’s assistant Mildred Stegall requested a routine FBI name check on D’Alesandro. FBI records released on January 6, 2021 showed D’Alesandro had been the subject of a Special Inquiry investigation in March and April of 1961 revealing numerous unsubstantiated allegations of association with criminals in Baltimore.
not Boston
And Pelosi’s father was in the mafia. Supposedly she used to answer the phone for him and his dealings at his office.
I wonder IF they have any TWITTER holdings???
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