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Pelosi perceived as 'on the wrong side' over congressional stock trading as career nears end: NY Times

close Video Greg Gutfeld: Nancy Pelosi’s career was a ‘great grift’ Fox News host Greg Gutfeld and panel give a thorough review of former House Speaker Nancy Pelosi’s career in politics and stock trading on ‘Gutfeld!’ NEWYou can now listen to Fox News articles! The New York Times called out former House Speaker Nancy Pelosi, D-Calif., in a Monday piece, arguing she's ending her career with an "asterisk" due to her stance on congressional stock trading. While Pelosi, who's retiring in 2027 after 40 years in Congress, will leave office as the most powerful woman in American political history, "the widespread perception that she was on the wrong side of the debate over congressional stock trading, and personally benefited from the practice, has put an asterisk on that legacy," the Times reported. Pelosi does not personally own or trade stocks, but her husband, venture capitalist, Paul Pelosi, actively does.

Pelosi perceived as 'on the wrong side' over congressional stock trading as career nears end: NY Times

Credit: Foxnews

Key Highlights

  • They have grown exponentially wealthier amid her time in office, a correlation that has raised eyebrows on both sides of politics.
  • Critics argue that they have benefited from essentially having insider knowledge through her time as an influential politician.
  • As bipartisan fervor has grown to prevent congressional stock trading, Pelosi "failed to appreciate the groundswell of support for banning the practice, refusing to give an inch amid GOP accusations that she was corrupt," the Times reported.
  • NANCY PELOSI WILL NOT SEEK RE-ELECTION, ENDING DECADES-LONG HOUSE CAREER Rep.
  • Nancy Pelosi and her husband, Paul Pelosi (Kevin Wolf/AP Photo) When questioned by a Business Insider reporter about the practice in 2021, Pelosi responded, "We are a free-market economy," suggesting "they should be able to participate in that."The Times reported further that anonymous sources close to Pelosi agreed that her history of benefiting from stock trades while serving was a blemish on her otherwise historic legacy.
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Sources

  1. Pelosi perceived as 'on the wrong side' over congressional stock trading as career nears end: NY Times

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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