Nancy Pelosi (Photo Jonathan Zindel Flash 90)
House Speaker Nancy Pelosi’s net worth has risen since the Great Depression of 2008 — with the help of her husband’s lucrative stock market deals. Pelosi — who recently supported a ban on trading for lawmakers and senior government officials — saw her assets grow by $140 million, so according to theWashington Free Beacon.
Pelosi is one of the wealthiest members of Congress, and has vehemently denied sharing any information with her partner – a venture capital investor. However, many questioned the deals made by Paul Pelosi that happened to coincide with major congressional decisions.
In June, husband Pelosi exercised purchase options to purchase up to $5 million in the chip and video card manufacturer Nvidia Just weeks before Congress considered a bill to provide more than $50 billion in subsidies to domestic semiconductor manufacturers.
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According to the Beacon’s report, he also bought Tesla shares in March when his wife pushed for electric vehicle subsidies. Pelosi’s 2021 net worth is estimated at $171.4 million, according to numbers reported in her financial disclosure statement. Its exact value is unknown because members of Congress are not required to report exact dollar amounts.
The Speaker of the House of Representatives has recently come under attack from within the party, one of them for failing to pass the bill that would ban lawmakers from trading stocks while in office, which was pushed through Congress.
“This moment marks a failure of House leadership — and it’s yet another example of why I believe the Democratic Party needs new leaders in the halls of Capitol Hill, as I’ve long proclaimed,” the bill’s sponsor, Representative Abigail Spanberger said.
Pelosi has faced pressure from both sides of the political spectrum to advance the legislation — with critics pointing to her husband’s stock trading as a potential conflict of interest.
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