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Trump Revives Claims of Pelosi Insider Trading, Calls for Investigation Amid Congressional stock Ban Debate
WASHINGTON, D.C. – Former President Donald Trump reignited accusations of insider trading against former House Speaker Nancy pelosi and her husband, Paul, in a Truth Social post Saturday night, demanding an investigation into their stock trading activities. This comes as the senate considers legislation aimed at restricting stock trading by members of Congress.
Trump asserted that Pelosi and her husband “beat every Hedge Fund in 2024,” attributing their success to “INSIDE details!” and labeling Pelosi a “repulsive degenerate.” He specifically questioned whether any authorities were scrutinizing the Pelosis’ financial dealings.
Nancy Pelosi’s office has consistently maintained that she does not personally own stocks and has denied any allegations of insider trading. However,her husband,Paul Pelosi,is the founder and managing partner of Financial Leasing Services,Inc., a venture capital firm based in San Francisco, california. His trading activity has demonstrably outperformed market benchmarks.
financial disclosures reveal that Paul Pelosi’s stock trades have consistently yielded important returns, exceeding the performance of the S&P 500. Combined with his wife, Nancy, the Pelosis have amassed a net worth exceeding $413 million as of recent filings, according to a report by the New York Post published June 21, 2025. Notable trades in 2024 included ample investments in Alphabet (Google), Apple, and Microsoft, among others.
The renewed focus on congressional stock trading coincides with the advancement of the HONEST Act (originally dubbed the PELOSI Act by Senator Josh Hawley (R-MO)). The bill,which aims to prohibit members of Congress and their spouses from trading individual stocks,narrowly passed out of the Senate Rules Committee on June 12,2025,with a vote of 9-8. The committee vote followed a contentious debate, with Democrats raising concerns about potential loopholes and enforcement mechanisms.
The bill’s passage out of committee represents a significant step forward, but its future remains uncertain. A full floor vote in the Senate has not yet been scheduled. Senator Hawley has publicly stated that the bill includes an exemption for former presidents, a concession made to secure President Trump’s support.
Trump initially expressed “conceptual” support for the ban but voiced concerns that Senate Democrats might use the legislation to target his own assets.Following assurances from Senator Hawley regarding the exemption, Trump reaffirmed his backing for a congressional stock trading ban.
Background: The Debate Over Congressional Stock Trading
The issue of members of Congress trading stocks has been a subject of increasing scrutiny in recent years,fueled by concerns about potential conflicts of interest and the appearance of impropriety. Critics argue that lawmakers with access to non-public information have an unfair advantage in the stock market, potentially influencing policy decisions for personal gain.
Proponents of a stock trading ban argue it would restore public trust in government and ensure that lawmakers are focused on serving the public interest rather than their own financial portfolios.Opponents contend that such a ban would unfairly restrict the financial freedom of lawmakers and could discourage qualified individuals from entering public service.
The debate over congressional stock trading is not new. Similar proposals have been introduced in previous Congresses, but have consistently faced opposition from both parties.The current momentum behind the HONEST Act suggests a growing appetite for reform, but significant hurdles remain before it can become law.
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