Whatever. She knows it won’t happen while she’s alive/in office, and just wants brownie points for being on the right side of history.
Yeah, she can go F’ herself here. She blocked it last time progressive brought this up and this just more performatory BS from disingenuous Democratic leadership.
Trump Says He Doesn’t Really Know About It
I feel like this is a big list.
Make it retroactive to Trumps first term and see how much she supports it.
Nancy is a fascist and needs to be taken out with the rest of the trash
This can only mean one thing… The market is about to tank and tank hard as fuch.
I got excited for a second thinking she came out as the crypt keeper.
There’s no need to be cruel.
The Crypt Keeper doesn’t deserve to be compared to someone like her.
Well, there goes the Nancy ETF.
The fix is in then. We know this greedy inside trader doesn’t want that.
She definitely got some kind of cutout.
I bet she tells her undertaker she’s for term-limits.
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Cool. Also, fuck Nacy Pelosi.
Typical boomer, pulling the ladder up behind her
Huh you’re the third person who said this exact thing
What, for the next generation of unethical legislators?
🤣
Boomer. lol no. Words do have meaning and you’re using that word wrong. She predates the baby boomers, that’s how fucking old she is
She’s a fucking vampire, and she predates the Salem witch trials where she thinned out the competition.
More correctly, she’s actually a part of the silent generation.
So that’s why she never spoke out against insider trading
She’s really good at stocks though.
I mean they are. She publicly posted every trade she made for like 2 years and they beat every model out there, and none of the companies had ongoing congressional votes.
Has she made stock trades in the past, probably/possibly. But if you look at the stocks she invests in, it’s mostly all large tech companies. She was up 74% in 2024 which is rediculous. That said NVIDIA was up 190% in 2024, which is where she likely got a lot of her gains. She started trading a bunch in 2020.
That said I’m sure her trading will slow/stop soon enough, it appears her husband just had a kidney transplant (her daughters kidney) so I imagine he’ll kick the bucket soon enough. He’s 85 from what I just saw.
Maybe Warren Buffett should hire her then, since she’s so good at stocks without any insider information at all.
Buffett is what, 480x her worth, with most of his money coming from investment banking as well. The Pelosis out performed him for the last ten years but she only made 250 million in that time supposively.
To put that in perspective buffet makes her net worth twice a month. That’s at 5% growth, and the 10 year market average is over 10. Meaning he really should be making $1 billion dollars a month with average market investments.
If you have money to invest the markets make you stupid money, the problem is that most people will never have money to invest like they do. Then again if everyone did, inflation would skyrocket as well.
Our capitalistic system is designed around those who get ahead taking off, and the majority griding day after day filling their pockets. Banning Congress from trading stocks may help some day, but only if there was some way to make people impregnable to greed. Otherwise guess what, Buffet who wasn’t in Congress keeps going, Pelosi’s kids take control of assets and invest, the Trump organization is split between names, so nothing stops Ivanka/Jr/the rest of them from making the trades. Hell they can just make the trades in their kids names and the kids can say they are just taking care of their elderly parents anytime they want to buy something. (Those people are to old to use anything really) But the same principle applies elsewhere.
Its better to just make strict regulations with a 3rd party investigative body… or put wealth caps, or if we could, come up with a new system. A democracy would be nice. A democratic communist society could be nice as well. Haven’t seen many of those outside of small pirate crews.
Says the highest stock earner in Congress.
She was #10 in returns in 2024.
https://www.fool.com/research/congressional-stock-trading-who-trades-and-makes-the-most/
Info he’s referring to: Rep. David Rouzer (R-NC): 149.0% Rep. Debbie Wasserman Schultz (D-FL): 142.3% Sen. Ron Wyden (D-OR): 123.8% Rep. Roger Williams (R-TX): 111.2% Rep. Morgan McGarvey (D-KY): 105.8% Rep. Larry Bucshon (R-IN): 98.6% Rep. Pete Sessions (R-TX): 95.2% Sen. Susan Collins (R-ME): 77.5% Rep. David Kustoff (R-TN): 71.5% Rep. Nancy Pelosi (D-CA): 70.9%
149% in a year, that’s wild. Must have owned mostly NVidia
Yeah, you only get those kinds of numbers (usually) from something like crypto - of course, it could easily swing the other way, since it tends to be extremely volatile.
The article says this:
Rep. David Rouzer’s impressive returns in 2024 were a result of shares of Nvidia, Mastercard (NYSE:MA), and Visa (NYSE:V) and other funds he’s held for years, according to Unusual Whales.
By the way, my comment that she’s #10 is not meant to make an excuse for her. Just because she was beat by 9 others doesn’t make it right…in fact, it’s still quite infuriating and most Americans support putting an end to this insider trading.
Well the truth is likely different than people want to hear. Every trade over $1000 dollars has been reviewed by an ethics committee since the stock act was passed back in 2012. It made sure Congress members trading with insider information was a crime. Aka, everyone who’s bitched about insider trading since 2012 has been going off their feelings of how it’s unfair rich people can make money off the insane amounts of money they have.
https://www.congress.gov/bill/112th-congress/senate-bill/2038
They’ve clearly not been enforcing that very well. Sure, they now submit their trades a month afterwards. Nothing happens unless they’re very obviously telling other people to also trade on that info
They might not be enforcing it strongly enough, but it’s already illegal. Meaning the punishments and review process should just be reviewed/changed. That said if you look at where everyone made giant amounts of money last year it was Nvidia. It wasnt about insider information. The company just took off, and the legislative branch has actually put restrictions on the company, not voted to allow them to operate freely. Had Nvidia been able to sell in China and build more factories there the company would have been able to increase more rapidly. So the insider information would have been to sell Nvidia stock, not buy it.
If we want to fix the issues at its core we need to find ways to ban everyone from investing in the stock market, not just government members.
You can get those numbers reading options. If you know a company is about to get a $100 million government contract, which might bump up the stock like 10-20%, you can buy options that multiply those returns because you know how quickly it will jump
I stand corrected.
She’s barely in the top 10.
