Staff Reports
Nancy Pelosi and her husband just got caught making crazy stock moves right before big market changes. While regular Americans work hard, politicians like Pelosi play the stock market like a game. Their latest trades show why many think Congress has unfair rules.
Paul Pelosi sold $24 million in Apple stock and $5 million in Nvidia shares right before prices dropped. He then bought call options in companies like Google and Amazon. These deals happened days before major policy changes. Experts say the timing is too perfect to be luck.
The Pelosis made over 70% returns last year – way more than top investors like Warren Buffett. A former JPMorgan vice president called it “cheating the system.” He showed charts proving politicians beat Wall Street pros by huge margins. Nancy’s office claims she doesn’t own stocks, but records show her family keeps cashing in.
This isn’t their first shady trade. Last year, Paul sold Visa stock before the government sued the company. He also cashed in on Nvidia options worth millions. A tracking app showed their stock portfolio jumped 70% in a year. Regular folks would get jailed for this kind of “luck.”
Other politicians are doing it too. One Congresswoman made 161% on a German weapons stock she suddenly bought after years of no trades. Another senator beat the market by 149%. These officials make more on stocks than their $174,000 salary. It’s like they have a cheat code.
Laws exist to stop insider trading, but Congress gave itself loopholes. They can change their “trading plans” anytime and report deals months late. A watchdog group found 97 lawmakers traded stocks tied to their committee work. The rules aren’t enforced – no politician ever gets charged.
Both parties talk about banning stock trading in Congress, but nothing changes. Pelosi blocked reform bills for years until public pressure grew. Even Biden backed a ban after leaving office. Critics say D.C. is a private casino where lawmakers gamble with your money.
Ordinary Americans can fight back by tracking these trades. Websites now let you copy Pelosi’s moves legally. As one expert said, “If you can’t beat them, join them.” While Congress plays dirty, hardworking folks can use their shady deals against them. Maybe then Washington will finally clean up its act.
