OPINION | This article contains commentary that reflects the author's opinion.
Top Democrat Nancy Pelosi is facing major backlash over alleged insider trading as her husband conveniently made a multi-million-dollar stock purchase of computer chip prior to a congressional vote to subside the industry.
This is the first time that Paul Pelosi has made controversial stock purchases with alleged inside information from his wife.
Republican Rep. James Comer of Kentucky says this is just another “bad example” of how Pelosi’s failed leadership and corruption.
“This is terrible,” Comer explained. “This is another bad example of Nancy Pelosi’s leadership, and this isn’t the first time that her husband did this.”
“He bought stock options ahead of all the Big Tech hearings,” Comer continued. Watch the clip below:
“Of course, nothing happened there,” he said. “Nancy Pelosi is the ultimate insider.”
“Not only is her husband buying stock options on a much higher level than the average member of Congress. The average member of Congress, may buy $5,000 or $6,000 of stock. He’s buying $500,000 worth of stock.”
“He’s buying stock options which expire. To be able to trade stock options profitably, you have to know exactly which direction that stock’s going to move, and you can make a huge profit.”
“This is wrong,” Comer concluded. “This is another example of the media turning a blind eye to Nancy Pelosi’s bad behavior and unethical behavior.”
