Pelosi Open to Banning Stock Trades by Congress Members

Pelosi Open to Banning Stock Trades by Congress Members Pelosi Open to Banning Stock Trades by Congress Members (Shawn Thew/Pool/AFP via Getty Images)

By Newsmax Wires | Thursday, 20 January 2022 02:51 PM

Hours after former President Donald Trump excoriated her as "crazy Nancy Pelosi" and called for her to be banned from trading individual stocks, the House Speaker said Thursday that she was open to considering a ban on stock trading by members of Congress.

"If members want to do that, I'm OK with that." Pelosi told Buisness Insider.

At a press conference in December, when asked about her stock trades and the millions she and her husband have reportedly made, Pelosi replied, "We're a free-market economy."
As Newsmax reported earlier this month, Pelosi made as much as $30 million on the Big Tech stocks she oversees. The speaker has amassed an estimated net worth of between $40 million and $252 million, and recently her family invested millions in call options — betting that the stock price would go up — on such companies as Google, Salesforce, Micron Technology and Roblox.

Original Article