Pelosi and the old guard Democrats have had it good for too long. Now it’s all crumbling down.
And Nancy Pelosi is in a total panic after Trump announced this investigation.
Trump Calls for Pelosi Insider Trading Probe
President Donald Trump on Wednesday accused former House Speaker Nancy Pelosi (D-CA) of insider trading, urging an investigation into her financial dealings.
Speaking at a White House press conference, Trump claimed, “Nancy Pelosi became rich by having inside information. She made a fortune with her husband, and I think that’s disgraceful.”
He pointed to her investments, which reportedly outperformed major hedge funds in 2024, according to the New York Post, adding, “She has the highest return of anybody practically in the history of Wall Street, save a few. And how did that happen? It happened by she knows exactly what’s gonna happen, what’s gonna be announced, she buys stock, and then the stock goes up after the announcement’s made. And she ought to be investigated.”
Pelosi Denies Allegations, Backs Stock Trading Ban
Pelosi swiftly rejected Trump’s accusations, calling them “ridiculous” in a CNN interview.
She stated, “In fact, I very much support [stopping] the trading of members of Congress, not that I think anybody’s doing anything wrong. If they are, they are prosecuted, and they go to jail.”
Pelosi emphasized that her husband, a venture capitalist, handles their investments, asserting, “I’m not into it, my husband is, but it isn’t anything to do with anything insider.”
She also endorsed a bipartisan bill led by Sen. Josh Hawley (R-MO) to ban stock trading by members of Congress, presidents, and vice presidents, saying in a statement, “We must have strong transparency, robust accountability and tough enforcement for financial conduct in office because the American people deserve confidence that their elected leaders are serving the public interest — not their personal portfolios.”
Critics, however, question the timing of her support, suggesting it may be a defensive move amid renewed scrutiny of her financial success.
Congressional Stock Trading Ban Faces Political Tensions
Trump’s comments coincide with debates over Hawley’s legislation, which advanced through a Senate panel on Wednesday.
The bill, which prohibits stock trading by Congress, presidents, and vice presidents, gained bipartisan support after Hawley included executive branch bans to secure Democratic votes, per Axios.
Trump initially expressed conceptual support for the bill but later criticized Hawley on social media for voting with Democrats, accusing him of blocking a review of Pelosi’s stock trading over the past 25 years, proposed by Sen. Rick Scott (R-FL) and backed by most Republicans.
“Josh Hawley… voted with Democrats,” Trump posted, signaling frustration with the bill’s direction.
With a 53-seat GOP majority in the Senate, the legislation may face challenges in a full vote.
