Speaker of the House Nancy Pelosi found herself in the center of a firestorm following one of her husband’s most recent stock purchases, but his stock purchases have caught the media’s attention and come under scrutiny for quite some time.
Pelosi’s latest headache ignited after her husband Paul, who owns a San Francisco investment and consulting firm, bought more than $1 million in Nvidia, a computer chip company, just weeks before a congressional vote that would provide massive subsidies to the industry.
“The Pelosi family’s pattern of appearing to use her Speakership for their own personal financial benefit continues to raise red flags,” Caitlin Sutherland, executive director of Americans for Public Trust, told FOX Business.
“And Mr. Pelosi’s latest stock purchase in a company set to receive a massive subsidy from Congress is no different,” Sutherland added. “It now seems they have thrown caution entirely to the wind, turning the Speaker’s gavel into one giant golden parachute.”
Read more about Paul Pelosi’s timeline stock trades in Fox Business.
