Author Topic: Nancy Pelosi’s office responds to husband’s controversial computer chip stock purchase ahead of Cong  (Read 547 times)

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Published 2 hours ago
Nancy Pelosi’s office responds to husband’s controversial computer chip stock purchase ahead of Congress vote
Nancy Pelosi's spokesman says the speaker has no prior knowledge of husband Paul's transactions

   
By Hillary Vaughn , Danielle Wallace FOXBusiness

Nancy Pelosi's office responded to her husband's controversial computer chip stock trades ahead of Congress' vote on the semiconductor industry.

FOX Business reached out to House Speaker Nancy Pelosi's office for comment about her husband’s recent stock trades, particularly inquiring about Paul Pelosi's million-dollar purchase of stock in a semiconductor company as Congress is slated to vote on a $52 billion dollar subsidy to the industry as part of a bill to increase U.S. manufacturing of computer chips to make the country less reliant and more competitive with China.

"The Speaker does not own any stocks.  As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions," Nancy Pelosi’s spokesman, Drew Hammill, said in a statement to FOX Business.

Regarding proposals to ban trading by members of Congress, Hammill said, "there are at least three proposals introduced in the House in this regard and the Speaker has asked the Committee on House Administration to review these proposals," adding that FOX Business "should check with the committee on their latest."

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https://www.foxbusiness.com/politics/nancy-pelosis-office-responds-husbands-controversial-computer-chip-stock-purchase-ahead-congress-vote
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Offline Right_in_Virginia

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Quote
"The Speaker does not own any stocks.  As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions,"

Yes, they think we're this stupid.   9999hair out0000

Offline Free Vulcan

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Yes, they think we're this stupid.   9999hair out0000

Such clever little word play.

What she doesn't say is does HE know inside information of things occurring in Congress that are conveyed to him by the Speaker?
The Republic is lost.

Offline Killer Clouds

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Kalifornia is a community property state. If her husband bought it during their marriage then she owns it too.

Offline DefiantMassRINO

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Nancy doesn't know HIS trades ahead of time, but does he know HER legislative decisions ahead of time?

1.) possible insider trading (prior knowledge of non-public information)
2.) possibe conflict of interest (spousal financial benefit from legislation)

Normal people would be under SEC investigation and employer discipline, if not termination.
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Offline Kamaji

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They've been trading on her access to insider information for years.

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It sounds like she's throwing hubby Paul under the bus.

 under the bus888
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Offline GtHawk

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Yes, they think we're this stupid.   9999hair out0000
California is a community property state, so tell me again how the Mad Queen of Hearts doesn't own any stock? Paul has used the knowledge and power provided by her to make business deals, buy stock and make both of them filthy(and I do mean FILTHY) rich.