House Speaker Nancy Pelosi’s husband may be be positioning himself to profit from the ongoing rise in the share prices of some of America’s biggest companies.
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Opinion : It’s a no-brainer that Federal Reserve and congressional policymakers should be barred from the stock market. We should go one step further The speaker’s husband also bought between $600,000 and $1.25 million in call options in Salesforce with a strike price of $210 and an expiration date of Jan. 20, 2023, about 15% below the stock’s closing price of $247.21 on the day of the transaction, Dec. 20. He bought between $100,000 and $250,000 in call options in Walt Disney shares with a strike price of $130 and an expiration date of Sept. 16, 2022, roughly 13% below the stock’s closing price of $148.76 on the day of the transaction, Dec.
Stock trading by members of Congress and their family members has become a matter of public debate after several instances in roughly the past year in which they have been accused of using nonpublic information gathered in the course of their duties to profit from stock trades.
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