By Sharon Zhang, Truthout
Just before the Senate passed a major bill to subsidize computer chip manufacturers on Wednesday, House Speaker Nancy Pelosi’s (D-California) husband sold thousands of shares of Nvidia — a tech company that could stand to gain from the passage of the nearly $80 billion bill.

Paul Pelosi — an extremely active stock trader who’s gained a following for his often-winning stock transactions — bought between $1 million and $5 million in Nvidia in June, as the Senate debated the bill. Then, on Tuesday, the same day that the “CHIPS-plus” bill cleared a key procedural vote, Paul Pelosi sold 25,000 shares of Nvidia stock, worth an estimated $4 million.
The financial disclosure filed by Nancy Pelosi notes that her husband sold the shares at a loss of $341,365 — an unusual thing for the lawmaker to note on a disclosure statement, Insider pointed out. The publication finds that, thanks in part to her husband’s tradings, Nancy Pelosi is worth about $46 million. Other publications estimate the couple’s net worth to be upwards of $171 million.
Recent Posts
Ukraine: Which Way Out?
September 24, 2023
Take Action Now If there’s an uneasy silence on the Left—there’s a reason for that. By Tom Gallagher, Common Dreams The American Left’s…
Top Five Weapons Companies Set To Get $140 Billion From Pentagon Next Year
September 22, 2023
Take Action Now A Sludge analysis estimates that more than half of the fiscal year 2024 Pentagon budget will go to private contractors, with the five…
Schumer Circulates Petition To ‘Demand’ Federal Marijuana Legalization
September 22, 2023
Take Action Now Striking auto workers pulled off a major coup before their strike, baiting America’s largest auto manufacturers into self-sabotage.……
Rich Men North Of Richmond
September 21, 2023
Take Action Now Anthony was touching the constituency the left is supposed to talk with, is supposed to reach out to, is supposed to hear and learn…