House Speaker Rep. Nancy Pelosi's husband, Paul Pelosi, made a purchase between $1 million and $5 million of stock in a semiconductor company.
SEC Commissioner Hester Peirce joins ‘Barron’s Roundtable’ to discuss several issues facing the commission and potential actions, effects of decisions surrounding climate disclosures, crypto regulation and commission-free trading.'s husband, made a stock purchase of over $1 million in a computer chip company just weeks before a potential vote in congress which would give a massive subsidy to the industry.
Reuters reported that the Senate could vote on a bill that contains billions of dollars in subsidies within the semiconductor industry as early as Tuesday. The bill could send as much as $52 billion in chip subsidies as well as tax credits in order to increase competitiveness with China. Paul Pelosi and Nancy Pelosi attend the 2018 White House Correspondents' Dinner at Washington Hilton on April 28, 2018 in Washington, DC.desk before leaving for their August recess.
Craig Holman, who is a Capitol Hill lobbyist for Public Citizen, a left-leaning think tank, told the Daily Caller News Foundation that the disclosure is concerning."It certainly raises the specter that Paul Pelosi could have access to some insider legislative information," Holman said. "This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise."FOX Business reached out to Pelosi's office.
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