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House Minority Leader Kevin McCarthy (R-Calif.) took a swipe at Speaker Nancy Pelosi (D-Calif.) on Friday over reports that Democratic lawmakers are planning to introduce a ban on lawmaker stock trading next month.
McCarthy during his Friday press conference said it is not “proper” for Pelosi to write the bill regarding a ban on congressional lawmakers’ stock trading, pointing to investments her husband, Paul Pelosi, a venture capitalist, has made. According to Insider, the couple has attained the vast majority of their wealth through financial transactions made by Paul Pelosi.
“I think we have to do a thorough investigation and look at what is the proper role for members of Congress and what influence they have, and I don’t think the proper way to do this is Nancy Pelosi writing the bill because we have proven that she can’t do that,” McCarthy told reporters.
Pelosi signed a periodic transaction report on Tuesday revealing that her husband had sold up to $5 million worth of stocks of Nvidia, a software company. According to the document, the transaction incurred a loss of $341,365. A separate periodic transaction report signed by the Speaker on July 14 revealed that her husband exercised 200 call options of Nvidia that month......
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Would you marry Nancy Pelosi in order to be a successful stock trader?
McCarthy during his Friday press conference said it is not “proper” for Pelosi to write the bill regarding a ban on congressional lawmakers’ stock trading, pointing to investments her husband, Paul Pelosi, a venture capitalist, has made. According to Insider, the couple has attained the vast majority of their wealth through financial transactions made by Paul Pelosi.
“I think we have to do a thorough investigation and look at what is the proper role for members of Congress and what influence they have, and I don’t think the proper way to do this is Nancy Pelosi writing the bill because we have proven that she can’t do that,” McCarthy told reporters.
Pelosi signed a periodic transaction report on Tuesday revealing that her husband had sold up to $5 million worth of stocks of Nvidia, a software company. According to the document, the transaction incurred a loss of $341,365. A separate periodic transaction report signed by the Speaker on July 14 revealed that her husband exercised 200 call options of Nvidia that month......
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Would you marry Nancy Pelosi in order to be a successful stock trader?