
<p class="wp-block-paragraph">House Speaker Nancy Pelosi’s husband Paul conveniently purchased between $1 and $5 million in semiconductor stock options days before Senate lawmakers voted on a bill designed to boost domestic semiconductor manufacturing.</p>



<p class="wp-block-paragraph">The bill, which cleared the House in February, seeks to increase competitiveness with China in the semiconductor industry though $52 billion in chip subsidies, $45 billion to support supply chains, and tax credits for production.</p>



<p class="wp-block-paragraph">“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” notes Craig Holman, a Capitol Hill lobbyist for Public Citizen. “This is the reason why there is a stock trading app that exclusively monitors Paul&#8217;s trading activity and then its followers do likewise.&#8221;</p>



<p class="wp-block-paragraph">Paul, who could soon face jail time for a drunk driving accident that occurred over Memorial Day weekend, also sold 10,000 shares of Visa (worth up to $5 million) and 50 call options in Apple (worth up to $250,000). ;<a href="https://punchingbagpost.com/nancy-pelosis-husband-gets-dui-over-memorial-day-weekend/">Click here to read more on Paul&#8217;s DUI.</a></p>



<p class="wp-block-paragraph">Paul&#8217;s most recent purchase was 20,000 shares of Nvidia, a California-based multinational technology company that designs graphics processing units, application programming interface for data science, and high-performance computing. Nvidia, a global leader in AI, also develops system on a chip units for the automotive and mobile computing market. </p>



<p class="wp-block-paragraph">Paul&#8217;s suspicious trading activities were exposed through a financial disclosure report filed by his wife, who not surprisingly has defended lawmakers&#8217; (and their spouses&#8217;) rights to participate the stock market as part of America&#8217;s “free market economy.” <em>Other lawmakers &#8211; including Alexandria Ocasio-Cortez (D-NY) and Abigail Spanberger (D-VA) &#8211; believe there should be restrictions. </em></p>



<p class="wp-block-paragraph"><strong>Sources:</strong></p>



<p class="wp-block-paragraph"><a href="https://www.washingtonexaminer.com/news/house/pelosi-husband-buys-nvidia-stock-before-senate-vote">Pelosi’s husband buys computer-chip stock ahead of $52B Senate vote this week ;</a></p>



<p class="wp-block-paragraph"><a href="https://nypost.com/2022/07/16/paul-pelosi-buys-tech-chip-stocks-before-big-subsidy-vote/">Nancy Pelosi’s husband buys millions in computer-chip stocks before big subsidy vote ;</a></p>



<p class="wp-block-paragraph"><a href="https://www.foxbusiness.com/politics/nancy-pelosis-husband-buys-million-computer-chip-stock-weeks-vote-industry-subsidies">Nancy Pelosi’s husband buys over $1 million of computer chip stock weeks before vote on industry subsidies ;</a></p>



<p class="wp-block-paragraph"><a href="https://www.washingtontimes.com/news/2022/jul/16/nancy-pelosis-husband-buys-5-million-chip-stocks-s/">Pelosi’s husband buys $5 million in chip stocks before Senate vote on chip subsidy bill ;</a></p>

Nancy Pelosi’s Husband Invests Heavily in Semiconductor Industry Ahead of Key Senate Vote
