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Stock market watchdog claims Nancy Pelosi raked in $4.7M in single day of trading
Stock market watchdog Quiver Quantitative announced Monday that Rep. Nancy Pelosi, D-Calif., had made millions in the market since that day’s opening bell.
The representative allegedly raked in $4.7 million, according to Quiver’s estimates. It claimed that figure inflated her overall net worth to $261.9 million.
An X account dedicated to tracking Rep. Pelosi’s stock market activity added the sum amounted to 26 times her annual salary...
The findings come as lawmakers are renewing a push to ban members of Congress from trading stocks. Sens. Josh Hawley, R-Mo., Bernie Sanders, I-Vt., and John Fetterman, D-Pa., in 2024 voiced support for legislation to require lawmakers release control of their money by placing it in a blind trust.
Sen. Hawley this year also reintroduced the PELOSI Act which would fine lawmakers and their spouses who trade individual stocks.
“Americans have seen politician after politician turn a profit using information not available to the general public,” the senator said of his measure. “It’s time we ban all members of Congress from trading and holding stocks and restore Americans’ trust in our nation’s legislative body.”
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