President Donald Trump on Wednesday called for former House Speaker Nancy Pelosi to be investigated for becoming "rich by having inside information."
"Nancy Pelosi became rich by having inside information. She made a fortune with her husband and I think that's disgraceful," he said, later adding, "Nancy Pelosi should be investigated because she has the highest return of anybody practically in the history of Wall Street, save a few. How did that happen? It happened by she knows exactly what's gonna happen, what's gonna be announced. She buys stock, and then the stock goes up after the announcement is made. And she ought to be investigated."
Pelosi has previously pushed back against such accusations. Her spokesperson, Ian Krager told the Daily Mail that "Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions." According to Quiver Quantitative, Pelosi's net worth is estimated at $262 million as of Thursday. In 2021, Pelosi had defended lawmakers’ ability to trade stocks, saying: “We are a free market economy. They should be able to participate in that."
