doctorcrimson , 9 months ago

Nancy Pelosi gets a bad rap, but she’s actually not one of the most successful traders in congress. Of the 26 traders in Congress who beat the S&P 500 in 2022, Nancy was not one of them.

She also doesn’t actually trade any stocks. She married a man in college who now owns a brokerage. To ban her from owning stock trades would be the same as asking her to divorce her husband or be removed from office.

One of the biggest controversies she’s ever been in was when VISA lobbied her and made meetings with her before an influential vote, at which point her husband bought large shares in VISA, and then she…

voted against VISA’s interests anyways…

The best part of all this is Paul Pelosi still made money selling the shares because society as a whole has duped itself into thinking following Pelosi is the ultimate grift for decades now. The fact is that we only even know about their trades because of legislature that Pelosi helped pass in the first place.