Posted on 07/16/2022 2:41:28 PM PDT by nickcarraway
House Speaker Nancy Pelosi’s husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in subsidies to boost the chip-manufacturing industry, new financial disclosures show.
Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, citing disclosure reports filed by the House speaker.
Senators are expected to convene as early as Tuesday to vote on a bipartisan competition bill to set aside $52 billion to boost domestic semiconductor manufacturing and give tax credits for production, Reuters reported.
(Excerpt) Read more at nypost.com ...
NOT drunk today? 🤔🍷
The Beltway is so rife with corruption that it is beyond redemption.
The U.S. Capitol should be moved to Scott’s Bluff, Nebraska, and term limits instituted for all legislative and judicial offices.
Democrats are in general scummy people, and those who vote for them are either delusional, blind to the stupidity of Marxist ideology, unaware of the world around them, hateful/racist/elitist, or are looking for a freebie.
82 years old. Does he really need the money?
How much did the stock go up since it was announced?
“The U.S. Capitol should be moved to Scott’s Bluff, Nebraska, and term limits instituted for all legislative and judicial offices.”
Do it on Monday.
On one hand, this looks bad. On the other hand, this bill has been in the pipeline for a long time. It is information that is in the public domain.
Absolutely. ALL stature and economic benefit for being in public office needs to be removed, entirely. The only people who should ever be in office are those who are committed to serve ALL citizens.
Upon further perusal, is the company worth between 1 and 5 million or his stock purchase. Writing counts. At least it use to. 😴
Price of botox 💉 ain’t immune to putinflation.
Maybe he got drunk and developed a craving for chips.
Wow! He sure is lucky to do that without any insider info like that.
he exercised call options at a 100 strike price in June. stock is over 150 on Friday. I didnt look to see what he paid for the options
Not much if at all.
If it were you or me we would be investigated for insider trading.
Actually, in THIS case (and thousands of others in the swamp), it’s called FRONT RUNNING...AND IT’S I L L E G A L!!!
But so is election theft and no one, EXCEPT US, will ever be punished for it!
“82 years old. Does he really need the money?”
Somebody’s got to pay for her gourmet ice cream.
I was thinking the same thing; anyone tuned into what is going on in the industry would have known about this. And if this was in a blind trust, I would be OK with it.
But, the appearance of impropriety is important in this world. She seems like a greedy old c***.
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