President Donald Trump used a Truth Social post late Saturday, 9 August, to accuse former House Speaker Nancy Pelosi and her husband, venture capitalist Paul Pelosi, of using insider information to beat “every hedge fund” in 2024. Trump called Pelosi a “disgusting degenerate” and asked whether regulators were examining what he described as an implausible trading record. Citing data circulating among critics, Trump said the Pelosis’ investments returned about 54% last year—more than double the S&P 500’s 25% gain—and noted estimates that the couple’s net worth exceeds $260 million. He argued that such performance is only possible through access to non-public information and urged an official investigation. Pelosi has long denied directing or benefiting from insider tips and says she plays no role in her husband’s trades. Last month she endorsed a bipartisan bill led by Sen. Josh Hawley that would prohibit members of Congress and their spouses from trading individual stocks. The measure, initially dubbed the PELOSI Act and now renamed the HONEST Act, is awaiting committee action.
Trump recently said that Nancy Pelosi beat every hedge fund in 2024. Do you think politicians should be able to trade?
President Donald Trump again attributed former House Speaker Nancy Pelosi's unparalleled 2024 stock market success to "inside information." https://t.co/DRKehHLBHi
Trump renews calls for investigation into Nancy Pelosi over insider trading allegations https://t.co/sVkX2P0L6G