Democrats routinely claim to be defenders of ordinary Americans against Wall Street corruption. Yet, their financial disclosures reveal a pattern of insider trading that dwarfs what they accuse Republicans of doing.
Insider trading exists on both sides of the aisle, but when Democrats are involved, the media looks the other way and pretends it doesn’t exist.
No example is more blatant than former Speaker Nancy Pelosi. According to financial disclosure reports, Pelosi and her husband, Paul, reported stock trades worth as much as $30 million in technology companies during her time in leadership.
These trades weren’t random investments. In March 2021, Paul Pelosi exercised Microsoft options valued at up to $5 million, just weeks before the company secured a $22 billion U.S. Army contract for augmented reality headsets.
In July 2021, he purchased shares of Alphabet worth between $1 million and $5 million while the House was debating legislation on Big Tech regulation. Later that year, he bought up to $3.3 million in Tesla stock as Democrats pushed for billions in electric vehicle subsidies.
Pelosi repeatedly called criticism “nonsense,” but the profits are undeniable.