Paul Pelosi, husband to House Speaker Nancy Pelosi (D-CA), sold up to $5 million in semiconductor shares that he recently purchased before the Senate voted on a major computer chip subsidy bill on Wednesday.
House Speaker Nancy Pelosi (D-CA) abruptly exited her weekly press conference on Thursday after being asked about her husband’s questionable stock transactions; at the same time, the Senate was readying a vote that would directly benefit the industry he invested in.
An ethics watchdog organization asked the U.S. Department of Energy Inspector General to investigate President Joe Biden’s Energy Secretary, Jennifer Granholm, for allegedly violating federal conflict of interest law.
Vulnerable Democrat Rep. Cindy Axne (D-IA), the only remaining congressional Democrat from Iowa, flip-flopped on banning members of Congress from trading stocks after failing to disclose hundreds of thousands of dollars in stock trades and previously coming out against the ban.
Sen. Richard Burr (R-NC) was one of only three members of the United States Senate to oppose bipartisan legislation in 2012 barring lawmakers from using non-public information to reap profits on the stock market.
“The STOCK Act makes it clear that if members of Congress use nonpublic information to gain an unfair advantage in the market, then they are breaking the law.”
Congressman Chris Collins (R-NY) resigned from his seat effective Monday ahead of an expected guilty plea for insider trading.
Jared Polis, the Democrat candidate for Governor in Colorado, doubled his personal wealth during his few terms in Congress, according to reports.
