Paul Pelosi Scoops up Millions in Call Options

Well, we all just found out why House Speaker Nancy Pelosi (D-CA) is so against limiting investment opportunities for members of Congress (as if we did not already know).

Paul Pelosi, Nancy’s husband, made another major score before the end of the year.

Pelosi gobbled up a few million in call options on Google, Salesforce, Roblox, and Disney.

Get In on It!

According to financial disclosures, Pelosi made the purchase between December 17 and 21.

Ironically enough, that was only a few days after Pelosi made her stance that members of Congress should be able to trade individual stocks, even among pushback from her own party members.

Pelosi told reporters, “We’re a free-market economy.”

Adding that members of Congress “should be able to participate in that.”

Pelosi’s camp continues to try to justify this clear insider trading by saying that Pelosi herself does not own any of these stocks.

It is as though we are supposed to believe she does not run home and tell hubby everything she learned about the market that day.

Drew Hammill, Pelosi’s spokesperson, stated, “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.”

So, if this is all legit, then can someone please explain Pelosi’s batting average on these stock trades.

Earlier this year, Pelosi made about $6 million in two weeks, and I guess we are supposed to believe that was all just due to his expert research.

Forget all the other investigations Republicans want to have… this should be at the top of the list because it will take about 10 seconds to prove it.

The only problem is that there are just as many Republicans making money off this as Democrats.

Do you think members of Congress should be able to trade individual stocks?

Tell us what you think in the comments section below.

Source: New York Post

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