By Donald Shaw, Sludge
On June 17, Nancy Pelosi’s husband Paul Pelosi exercised options he had purchased a year earlier to purchase 20,000 shares of stock in semiconductor manufacturing company Nvidia at a price of $100 per share, according to a disclosure filed by the speaker. Nvidia shares traded at between $160 and $169 the following day when markets opened.

Two days after Pelosi bought the stocks, the Senate voted to proceed to consider a bill that would provide about $52 billion in subsidies over the next five years to the U.S. semiconductor industry. Nvidia stock jumped to around $181 a share following that vote.
Trades like that have stoked suspicion that Paul Pelosi, an investment banker, may be making stock trades based on non-public information he receives from his wife, which would violate anti-corruption laws. In a July 20 letter to Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters (D-Mich.), Sen. Josh Hawley (R-Mo.) accused Speaker Pelosi and her husband of “cashing in” through what he describes as “arguably inappropriate stock trading activities.” Nancy Pelosi denied that her husband has ever made trades using information she gave him during a July 21 press conference.
Recent Posts
Politicians Are Betraying Gen Z On Climate
July 10, 2025
Take Action Now While Gen-Zers thrift, knit, crochet, and find other ways to reduce our footprints, Trump and the GOP are greenlighting more climate…
Trump’s Deportation Threat Against Zohran Mamdani Is Shameful
July 10, 2025
Take Action Now In only half a year of Donald Trump’s presidency, he and his allies have turned deportation into an explicitly political threat…
Teachers Union Votes To Cut Ties To The Anti-Defamation League
July 10, 2025
Take Action Now In a momentous vote, the National Education Association voted to cut all ties with the Anti-Defamation League. The reason? “Despite…
2025 War Abolisher Awards Go To Albanese, Nader, Waters
July 9, 2025
Take Action Now The purpose of the awards is to honor and encourage support for those working to abolish the institution of war itself.By World…