Latest Nancy Pelosi Stock Move has Americans Absolutely FURIOUS
Earlier this week, Senate Republican Josh Hawley took a stand for all of America when he introduced the PELOSI Act; a bill designed to curb the uncouth reality of members of Congress using their advanced knowledge of national politics as an advantage on the stock market.
While the acronym was certainly a rather clever one, it also pointed a very stern finger at former House Speaker Nancy Pelosi who, along with her husband, have appeared to maintain a sort of preternatural gift for timing the market.
Just days later, more evidence of Pelosi’s unethical fiscal behavior emerged.
Former House Speaker Nancy Pelosi, D-Calif., was slammed on Twitter Wednesday after it was reported that she sold 30,000 shares of Alphabet, Google’s parent company, one month before the Department of Justice announced an antitrust investigation lawsuit against the tech giant.
Between Dec. 20 and Dec. 28, 2022, Pelosi reported three separate transactions of selling Google stock which was first reported by the Washington Free Beacon. Each of the transactions included the sale of 10,000 shares of Alphabet and involved an amount between $500,001 and $1,000,000 and yielded capital gains of more than $200 — although it’s unclear how large the profit was.Trending:
On Tuesday, the DOJ and eight states announced a lawsuit against Google, which alleges the tech giant had a monopoly over internet search traffic and took anticompetitive action.
The response came hard and heavy.
Rep. Lauren Boebert, R-Colo., tweeted “Pelosi selling off millions in Google stock weeks before the DOJ filed a lawsuit against them tells you exactly how she became worth $200+ million on a government salary.”
“Nancy Pelosi sold millions in Google stock a month ago. I’m sure it’s just one giant coincidence that she sold right before the DOJ filed a lawsuit against Google,” Robby Starbuck, a conservative writer, tweeted.
Pelosi has become the poster child for Democratic corruption in recent years, and this latest unbelievably gauche money move will surely only bolster this reputation.