President Trump’s latest Truth Social salvo targets former House Speaker Nancy Pelosi, accusing her and her husband, Paul, of raking in millions through shady stock trades.
The New York Post reported that the fiery post, launched late Saturday, paints the Pelosis as financial masterminds who outsmarted Wall Street’s elite. It’s a bold claim, but does it hold water, or is it just political theater?
Trump alleges the Pelosis outperformed every hedge fund in 2024, with Paul’s trades netting a 54% return, dwarfing the S&P 500’s 25% gain, per Bloomberg data.
The former speaker, now 85, and her husband have faced scrutiny before, but these numbers raise eyebrows. Conservatives have long suspected insider knowledge fuels such gains, and Trump’s not letting it slide.
“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024,” Trump posted. That’s a zinger, implying the Pelosis’ “average minds” tapped privileged info to outpace market gurus. But without hard evidence, it’s a provocative jab, not a courtroom conviction.
Paul Pelosi’s 2024 trades, including a savvy investment in Tempus AI, tell a story of impeccable timing. He bought shares at $31.83, and after the company inked a $200 million AstraZeneca deal, they soared to $60.87. For a retiree, that’s not just luck—it’s the kind of precision that fuels suspicion.
His trades didn’t stop there; NVIDIA, Palo Alto Networks, and Vistra also padded his portfolio. Then there’s the $2.2 million Microsoft stock sale, conveniently timed months before an FTC antitrust probe hit the tech giant. Coincidence or calculated? The optics aren’t great.
Nancy Pelosi’s spokesperson, Ian Krager, insists she “does not own any stocks and has no knowledge or subsequent involvement in any transactions.”
That’s a tidy defense, but it sidesteps Paul’s trades and their suspiciously stellar returns. A free-market economy, as Pelosi once championed, shouldn’t mean a free pass for questionable dealings.
Quiver Quantitative estimates Nancy Pelosi’s net worth at a staggering $263.23 million, ranking her as Congress’s fourth-richest member.
Lawmakers aren’t required to disclose exact wealth, leaving room for speculation about how much is tied to Paul’s market wizardry. Transparency, it seems, is a one-way street in Washington.
In 2021, Pelosi dismissed a proposed ban on congressional stock trading, citing the virtues of a “free-market economy.” She later softened her stance, supporting some restrictions, but the damage was done. Critics see her initial resistance as a telltale sign of protecting personal gains.
“We’re a free-market economy,” Pelosi said back then, a quote that now feels like a dodge. If the market’s free, why do her husband’s trades look so unfailingly prescient? It’s a question that resonates with voters tired of elite privilege.
Trump’s attack wasn’t just about money; he dredged up Pelosi’s role in his two impeachments, calling them baseless and claiming she “lost.” “Is anybody looking into this???” he demanded, framing her as a “disgusting degenerate.” The rhetoric’s hot, but it’s classic Trump—blunt, unapologetic, and aimed at rallying his base.
The impeachments, a sore spot for conservatives, fuel the narrative of Pelosi as a political schemer. Yet, tying them to her husband’s trades feels like a stretch without concrete evidence. It’s a spicy accusation, but it risks diluting the focus on the trading itself.
The PELOSI Act, a bill to curb lawmakers’ stock trading, adds another layer. Introduced by Sen. Josh Hawley, it cleared a Senate committee last month and awaits a full vote. The name’s no coincidence—it’s a direct shot at Pelosi’s financial legacy.
The PELOSI Act would bar lawmakers from owning or trading individual stocks, a move conservatives like Hawley argue is long overdue.
Trump initially balked, fearing it would force him to divest assets, but Hawley clarified it won’t apply to presidents until 2029. That’s after Trump’s term, so his Truth Social tirade seems more about optics than policy.
Nancy Pelosi has stayed mum on whether she’ll run again in 2026, leaving her political future unclear. Her denial of insider trading, via Krager, aims to shut down the controversy, but Paul’s 54% return keeps the story alive. In a town where power and money intertwine, skepticism runs deep.
Trump’s post may be bombastic, but it taps into a real conservative grievance: the ruling class plays by different rules. Whether the PELOSI Act passes or not, the debate over congressional trading isn’t going away. For now, the Pelosis’ wealth remains a lightning rod for distrust in Washington’s elite.
