House Speaker Nancy Pelosi (D-Ca.) has not had a great month.
Her husband was charged with a Felony DUI after it was reported that he caused injury to another driver in an accident he was in where his BAC was over the legal limit.
He could face tens of thousands of dollars in fines and up to three years in county jail if convicted of the charges.
Questions continue to loom about Paul’s stock purchases as he is accused of insider trading.
Reports have surfaced that Paul used insider knowledge about a bill subsidizing the semiconductor industry to purchase up to $5 million in stock options from a computer chip company.
On Thursday, Nancy Pelosi was asked about her husband’s stock purchases and walked away from the reporter.
Reporter: “Has your husband ever made a stock purchase or sale based on info received from you?”
“No, absolutely not.” She said before walking away.
The New York Post Reports–
Reporter: "Has your husband ever made a stock purchase or sale based on info received from you?"
Pelosi: "No, absolutely not."
The Pelosi’s recently bought shares in Nvidia, $NVDA, worth millions.
Nancy Pelosi backs the CHIPS Plus bill, a $52B semiconductor bill. pic.twitter.com/uMNIRVxg44
— unusual_whales (@unusual_whales) July 21, 2022
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.
There just happens to be a vote in the Senate to boost the U.S. semiconductor industry upcoming. It could come as early as Tuesday.
This will deliver billions in subsidies for the chip-manufacturing industry.