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President Donald Trump on Saturday again accused former House Speaker Nancy Pelosi of profiting from “inside information” after reports showed her household’s 2024 stock trades far outpaced the market.
Pelosi’s husband, Paul Pelosi, recorded returns of about 54 percent last year, more than doubling the S&P 500’s 25 percent gain, according to The New York Post. Earlier this year, Newsweek reported that shares in a Chicago-based medical technology company owned by Paul Pelosi more than doubled in value within a month.
“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024,” Trump wrote on Truth Social. “In other words, these two very average ‘minds’ beat ALL of the Super Geniuses on Wall Street, thousands of them. It’s all INSIDE INFORMATION! Is anybody looking into this???”
The remarks followed Trump’s earlier calls for an investigation into Pelosi’s trades, which have long been a target for critics who claim members of Congress and their spouses have an unfair advantage in the markets.
The allegations come as the Senate weighs legislation to bar members of Congress and their spouses from trading individual stocks. The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, sponsored by Sen. Josh Hawley, R-Mo., advanced from committee late last month, though all Republican members except Hawley opposed it. GOP opponents argued the bill could deter wealthy individuals from serving in office. Pelosi has said she supports the measure.
On Truth Social, Trump criticized Hawley for siding with Democrats to block a separate review of Pelosi’s stock activity that had been proposed by Sen. Rick Scott, R-Fla. “The information was inappropriately released just minutes before the Vote — Very much like SABOTAGE!” Trump wrote, adding that the legislation is “great” for the Pelosis but “so bad for our Country.”
Trump also suggested that the issue reflects a broader problem of corruption and self-dealing in Washington, arguing that lawmakers should be held to higher ethical standards than private investors. He has made similar claims about Pelosi’s stock activity since his first term, tying the matter to his calls for “draining the swamp.”