Nancy Pelosi, the Speaker for the U.S House of Representatives, is denying that her venture capitalist husband trades on the stock market, using information she provides.
In a press conference, Pelosi responds with “absolutely not” to a reporter questioning if her businessman husband has ever traded using information he had received from her.
Since 2021 alone, her husband, Paul Pelosi, has invested millions of dollars into 19 different companies, reportedly making tens of millions in stock already.
This is common practice for Mr Pelosi who typically trades tens of millions worth of stock and stock options every year. This is according to Nancy Pelosi’s congressional financial disclosures.
Paul Pelosi is a successful American businessman, who owns and operates Financial Leasing Services, Incorporated, a real estate and venture capital investment and consulting firm.
Despite Nancy Pelosi’s claim, congress is still currently debating whether they and their spouses should even be allowed to trade individual stock.
