From The New York Post:
Nancy Pelosi’s husband buys millions in computer-chip stocks before big subsidy vote
House Speaker Nancy Pelosi’s husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in subsidies to boost the chip-manufacturing industry, new financial disclosures show.
Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, citing disclosure reports filed by the House speaker.
Senators are expected to convene as early as Tuesday to vote on a bipartisan competition bill to set aside $52 billion to boost domestic semiconductor manufacturing and give tax credits for production, Reuters reported.
Martha Stuart went to prison for insider trading of ImClone Stock. Shouldn't the Speaker of the House, the #2 person in line for the Presidency, be held to a higher standard? An entertainer; a television and media personality is one thing. A person who represents We The People is something a lot more serious. That position carries a lot more responsibility.
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