At a recent town hall event in Georgia, Rep. Marjorie Taylor-Greene (R-GA) hedged some negativity on the market prowess of Rep. Nancy Pelosi (D-CA).
Reading submitted questions, MTG came across one from a Mr. Walter. “How do people go to Congress and become multi-millionaires in a few years on a $175,000 salary?” she read.
“Uh, Mr. Walter, I do not know. I haven't I haven't found that money tree up there in Washington or printing machine that they all seem to have. Um. It's amazing. Truly amazing. Yeah. Nancy Pelosi. I tell you what, supposedly she has some great stock tips, you all should check her out.”
Rep. Nancy Pelosi’s stock portfolio attracted attention as it racked up massive gains in 2023.
The former speaker, a consistent high performer in the market, reportedly enjoyed a 65% return on her investments.
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Pelosi’s husband, Paul Pelosi, is a businessman who runs the investment firm Financial Leasing Services and has made countless bets on high-profile companies his wife “regulates” in Congress.
The New York Post reported in January:
While there’s no smoking gun showing that the Pelosis have traded using insider info, their portfolio has often outperformed the S&P 500, causing critics to question whether the speaker and other stock-picking politicians have the public’s best interest in mind when legislating.
Pelosi has long opposed moves to ban stock trading by lawmakers.
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