The old witch isn’t even hiding it anymore!
Nancy Pelosi has no qualms about enriching her family using insider trade secrets to buy stocks she and her body of Democrat whack-jobs regulate themselves.
The decrepit House Speaker rejected the prospect of banning members of Congress and their spouses from purchasing and trading stocks despite support from more left-leaning members of Congress.
On Wednesday, Pelosi, who does not own stock herself, said that members of Congress should be able to own stock. However, she said, they should be reporting their stocks in compliance with the STOCK Act and in the interest of transparency.
“This is a free market and people — we are a free market economy. They should be able to participate in that,” Pelosi said during her weekly press conference.
Listen to how quickly Pelosi said “No” to the question of wether Members of Congress and their spouses should be banned from owning stock.
Pelosi’s salary is $223,500
Her net worth is about $100 million.
You do the math. pic.twitter.com/ZpP6vNuQYf
— Benny (@bennyjohnson) December 15, 2021
It’s almost as if she’s purposefully misrepresenting what a free market economy actually looks like to justify the far-left attempts to replace it with socialism?
Really makes you think…
Pelosi’s comments contrast with the views of more radical members, such as Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez, who have both said they do not feel members of Congress should trade stocks.
The New York Democrat also said she does not own any stocks so she can remain impartial about policies.
Although Pelosi does not own stock, her husband Paul Pelosi is an investor who owns and trades multiple stocks. Because of his stocks, Pelosi is considered one of the wealthiest members of Congress, according to multiple reports. Fourteen members of Congress and three senior staffers in Pelosi’s office have violated the STOCK Act.
“The American people should never have to guess whether or not an elected official is advancing an issue or voting on a bill based on what’s good for the country or what’s good for their own personal financial interests,” the Karen of Senators Elizabeth Warren said.
The STOCK Act, signed into law by former President Barack Obama in 2012, requires members of Congress and their employees to file reports any time they purchase or sell a stock worth over $1,000 in an effort to provide transparency and avoid conflicts of interest based on insider knowledge. The members have up to 45 days after the act to file the report.
Would it be American electoral politics if lawmakers weren’t enriching themselves with insider information?
Author: Asa McCue