Rep. Michael Burgess, R-Texas, says it was 'almost impossible' to support the CHIPS Act when Nancy Pelosi's husband bought more than $1 million in Nvidia weeks before a congressional vote that would provide massive subsidies to the industry., D-Calif., dodged an extra 20% loss by selling his Nvidia stock in July before the U.S. placed restrictions on the company in August, according to documents.
According to congressional stock trade records, Pelosi’s husband unloaded 25,000 shares of the semiconductor manufacturer July 27. over her husband's purchase of the share ahead of the CHIPS bill. Nearly a month later, on Aug. 26, the federal government placed restrictions on Nvidia doing business with China and Russia.
House Speaker Nancy Pelosi, D-Calif., and husband Paul Pelosi have been under scrutiny for their stock trades. of $165.05, the July sale netted the Pelosis a $341,365 loss, according to financial website Unusual Whales.Wednesday, Aug. 31, there would have been an extra 20% loss due to the government restrictions.sale and the government restrictions placed a month later.
Nothing to see here folks...move along...next question. Maybe they need to rent a moveon.someting website.
69tomlet Did anybody check to see if he put a short on the stock
Term limits people! Don’t let them stay in too long and get corrupted with pay offs from huge corporations and spending our money.
Gee, what a savvy investor lol 🤣 This has been such a joke for years. The average investor if they were using insider information, they would be in jail. I would love to hear what marthastewart thinks of this.
What a brilliant strategist!
And yet......crickets
Lock her up!
Well that lucky bastard
Lock her up!
Corrupt to the core...
She married well !
Poor Pelosi...he'll make it up with the China deal..
🤔
Trading on inside info? 🤔
Best trader ever 🤣🤣🤣 inside trader