President Donald Trump has renewed allegations that former House Speaker Nancy Pelosi and her husband, Paul, used non-public information to profit from stock trades. In weekend posts on his Truth Social platform, Trump claimed the couple “beat every hedge fund in 2024,” branded Pelosi a “disgusting degenerate,” and asked whether regulators are examining the trades. Trump pointed to reports that Paul Pelosi’s portfolio gained roughly 54% last year, more than double the S&P 500’s 25% advance, helping lift the family’s estimated net worth above $260 million. He argued such performance is implausible without access to insider information. Bill Pulte, the administration’s Federal Housing Director, publicly backed Trump’s stance, urging a formal investigation by Congress and law-enforcement agencies. Their statements come amid bipartisan efforts to tighten rules on lawmakers’ investments, including Senator Josh Hawley’s PELOSI Act and a newer HONEST Act that Pelosi has said she supports. A spokesperson for Pelosi has responded to similar accusations in recent weeks by saying the congresswoman does not own individual stocks and is not involved in her husband’s trading decisions. Neither the Securities and Exchange Commission nor the Justice Department has announced any inquiry into the matter.
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Over the weekend, Trump again went after Pelosi’s stock trades “Crooked Nancy & her husband beat ever hedge fund in 2024.” He’s not fully wrong. According to Autopilot, she was up 54% last year alone. Here’s how she did it 👑 https://t.co/SDZyBADWZ8