yeah, right... 
Posted on 07/18/2022 1:48:26 PM PDT by DFG
Nancy Pelosi's office responded to her husband's controversial computer chip stock trades ahead of Congress' vote on the semiconductor industry.
FOX Business reached out to House Speaker Nancy Pelosi's office for comment about her husband’s recent stock trades, particularly inquiring about Paul Pelosi's million-dollar purchase of stock in a semiconductor company as Congress is slated to vote on a $52 billion subsidy to the industry as part of a bill to increase U.S. manufacturing of computer chips to make the country less reliant and more competitive with China.
"The Speaker does not own any stocks. As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions," Nancy Pelosi’s spokesman, Drew Hammill, said in a statement to FOX Business.
(Excerpt) Read more at foxbusiness.com ...
They don’t even care what anyone thinks. OTOH, perhaps for that kind of change, I wouldn’t care either. What fools they are making of America. Criminals.
Nanci Pelosi made a non-responsive response. The concern is whether Pelosi told her husband any non publicly available details of any upcoming semiconductor related legislation that she is privy to. In particular, any details that might favor Nvidia. Nancy Pelosi’s response (at least so far as it was reported) did not answer that concern. This leaves wide open the possibility that she did violate insider trading rules in a most egregious manner by consciously evading the sense of the question and the (self evident and obvious) public concern. It is imho a legalistic and evasive response, not the response of an honest public servant. The verbiage about future bills regarding conflicts of interest is just verbiage since it only addresses potential future bills which may never see the light of day but provide an opportunity to politicians such as Pelosi to deflect and virtue-signal with no commitment and no assumption of responsibility or guilt.
The laws against these things should apply not just to the government officials but their spouse, and all immediate family including parents, siblings, and children, and grand children.
Has the press ever ask Martha Stewart what she think about pelosi.. and her buddies in government.. getting away with this?
Washington D.C., July 18, 2022 — The Securities and Exchange Commission today announced that Jaime Lizárraga has been sworn into office as a Commissioner by Chair Gary Gensler. Commissioner Lizárraga was nominated by President Biden earlier this year and confirmed by the U.S. Senate on June 16.
"I’m honored to welcome Jaime to the SEC as a Commissioner," said SEC Chair Gary Gensler. "Jaime is an incredible public servant with decades of experience in economic and financial policymaking. He has a deep understanding of the intersection of policy and the public interest. I look forward to working with him on behalf of the American public."
"At its core, the SEC's mission is about providing working families with the confidence to invest in safe, strong, and transparent markets. I am committed to working with Chair Gensler and my fellow Commissioners to strengthen that mission for the protection of investors and particularly working families," said Commissioner Lizárraga.
Commissioner Lizárraga most recently served as Senior Advisor to House Speaker Nancy Pelosi. In that role, Commissioner Lizárraga oversaw issues related to financial markets, small business, international finance, and immigration. He also served as Speaker Pelosi’s liaison to, and worked closely with, the Congressional Hispanic Caucus.
yeah, right...
What a weaselly lie.
Cocaine Mitch least of all, since he does the same thing thru hisvwifebandbher chicom relatives. Who Trump, for some damned reason, trusted with Cabinet-level secrets...does anyone really think she and Mitch never talked and acted on inside dope?
He’s trying to avoid the subject. She’s the insider information she knows what companies these are gonna go to the subsidies and her husband well he’s the trader who’s buying stocks will financially benefit the both of them because they’re married
“ The Speaker has no prior knowledge or subsequent involvement in any transactions.”
But her husband sure as Hell knew every detail of the pending legislation before anyone else. You try pulling that and the SEC will make sure you do a lengthy prison stretch.
L
How can post nuptially acquired property by her husband not be owned by the marital community? So if they divorced, she would have no claim? Would the old bat put that in writing?
Surprised they didn’t say something to the extent of “The Pelosi family is doing everything they can to help the stock market for working people’s invested retirement plans.” Then again msnbc didn’t seek comment.
He could very easily be down on those calls. NVDA is a GREAT stock and they have lots of stuff going relative to AI and other advanced applications. That said, NVDA is down along with most other NASDAQ stocks, and could be A LOT (40-50 points) down. But if the calls were short term, he may have exercised them anyway so as not to lose his entire investment.
So, the CEO of a publicly traded company tells her husband about the acquisition of a company they are about to make and tells him to purchase shares in the company ahead of the announcement. Knowing full well the stock will go up after the announcement. He spreads the wealth around by telling a few of his buddies as well.
Under the law this would be considered insider trading. But for those in “The Club” they escape such petty laws.
They should all be strung up.
“The Speaker does not own any stocks. As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions.”
Technically, this is probably true in that the stocks are owned by an account registered to her husband or a trust, IRA, pension fund, or LLC under her husband’s control. And I doubt she was directly involved in any of the transactions; rather, her husband probably asked “How was work today,” and she responded, “same old, same old; oh, and by the way, we are giving $52 billion to Nvidia and other chip companies to help them compete against China.”
The check’s in the mail.
You always launder your bribes through the family.
Our government officials are criminals.
Try the modified, limited hang out, Nanzi. Worked great for Nixon.
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