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 ...
Why wouldn’t she trade on insider info? It’s not like the RINOpublicans under Bitch McConnell will do anything about it. Matter of fact, they don’t do much of anything do they, they just allow the DemoMarxists to do whatever the hell they want
lol.
California is a community property state. If her husband owns stocks, the she owns the same stocks.
That stinks on ice. We know better.
They all do it. Republicans too. They don’t even try to hide it anymore. They are our betters you know. To them, we are just sheep.
anyone in her household should be prohibited from trading on securities in which she votes and can influence their financials.
Family attribution rules. An individual is treated as owning any interest that's owned. by the individual's spouse, children, grandchildren or parents. • A spouse's interest is attributed to the other spouse.
he exercised call options. I havent seen disclosed what he paid for them. The stock is at 160. Exercise price was 150
He could have just sold the call options. Maybe he wanted the stock so he could write calls or puts on it.
He could have just rolled over the calls if he was expecting a big price jump
1) Insider trading laws exempt Members of Congress, so it's legal.
2) As far as the GOP is concerned, they're too busy doing their own trades to get out after Pelosi.
With a majority of congress this is the reason they want to get elected.
The the job where people spend “millions” to get a job that pays “thousands”
Frequently, in the financial services industry, employees AND their spouses and family members have to get pre-clearance before trading; if a stock is on a RESTRICTED list, that trade won't be cleared.
In extreme circumstances, for high-ranking personnel (e.g. The head of trading at an investment firm), that employee's personal stock holdings must be moved to ONE brokerage account that is also monitored for improper trades.
Forgetting about all this administration, the fact is that anyone with ethics would NEVER trade on MNPI.
This happened because a) government isn't serious about trading on MNPI, and b) the Pelosi's have no ethics.
And of course nothing will happen since her commie drunk husband is a Democrat so its fine..the same ones who say “Well Nancy had no idea what her husband does” are the same ones who say that Justice Thomas needs to be impeached due to what Ginni Thomas believes
Total 100% BS, the definition of insider trading.
Nothing my husband did was wrong so shut up go away or else.
Well, they get $174K, if they are Senators they have big expenses, and after two terms in the House or one in the Senate, they are multimillionaires.
In the case of female Members, especially female Senators, their husbands are billionaires - that’s the REAL grift, wife in the Senate.
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