Trump calls for Nancy Pelosi to be investigated for insider trading

President Donald Trump issued a statement on Saturday calling for an investigation into Rep. Nancy Pelosi (D-Calif.) and her husband, Paul Pelosi, regarding allegations that the former speaker of the House of Representatives and her husband have engaged in insider trading to accumulate massive wealth.

In a Saturday statement on Truth Social, Trump wrote, “Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024. In other words, these two very average ‘minds’ beat ALL of the Super Geniuses on Wall Street, thousands of them. It’s all INSIDE INFORMATION! Is anybody looking into this??? She is a disgusting degenerate, who Impeached me twice, on NO GROUNDS, and LOST! How are you feeling now, Nancy???”

According to The New York Post, while federal lawmakers are not required to publicly reveal their net worth, Nancy Pelosi is believed to be the fourth richest member of Congress based on a Quiver Quantitative report that suggests the California Democrat is worth at least $262.57 million. The New York Post also reported that Paul Pelosi allegedly surpassed the S&P’s 25 percent gain in 2024 with a 54 percent return.

A spokesperson for the former House speaker previously told The New York Post, “Pelosi does not own any stocks and has no knowledge or subsequent involvement in any transactions.” 

Trump’s Truth Social statement on Saturday comes after the president suggested that Nancy Pelosi should be investigated when he was recently asked about the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act that was introduced by Sen. Josh Hawley (R-Mo.) The bill would prevent members of Congress and their spouses from “holding or trading certain investments,” such as stocks.

Trump indicated that he supports Hawley’s bill “conceptually” and claimed that Pelosi “became rich by having inside information” and “made a fortune with her husband.”

“Nancy Pelosi should be investigated because she has the highest return of anybody practically in the history of Wall Street, save a few,” Trump added. “And how did that happen? It happened by she knows exactly what's gonna happen, what’s gonna be announced. She buys stock, and then the stock goes up after the announcement’s made. And she ought to be investigated.”