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NEW: Trump Floats Investigation Into Nancy Pelosi

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4 months ago

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President Donald Trump is calling for a formal investigation into former Speaker Nancy Pelosi, accusing her of reaping massive personal wealth through insider stock trading while serving in Congress.

In a Wednesday press conference, Trump blasted Pelosi’s track record of suspiciously well-timed trades, suggesting she used insider knowledge from her political position to benefit financially. A major Senate committee advanced a bill banning stock trading and ownership by members of Congress, the president, and the vice president.

“I like it conceptually, and you know, Nancy Pelosi became rich by having inside information,” Trump said. “She made a fortune with her husband, and I think that’s disgraceful. So in that sense I’d like it—but I’d have to really see the details. You know I study these things very carefully, and this just happened, so I’ll take a look at it.”

The 45th and 47th President didn’t hold back, citing what he called Pelosi’s “unbelievable” returns.

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

WATCH:

Trump’s demand comes as public scrutiny over congressional stock trading has intensified. Both Republican and Democrat lawmakers have faced criticism for trading stocks in companies impacted by legislation or policy decisions they oversee. But Pelosi’s trades—often executed by her husband, Paul Pelosi—have drawn particular attention due to their timing and size.

A Senate committee has advanced a controversial bill that would ban presidents, vice presidents, and members of Congress from trading individual stocks. The legislation, backed by Senator Josh Hawley (R-MO) and approved by an 8–7 vote, marks a major step toward overhauling the financial practices of elected officials.

If passed, the law would immediately prohibit stock purchases and require the sale of existing holdings within 90 days. Lawmakers would have to fully divest at the start of their next term, while presidents and vice presidents would face that requirement beginning in 2029.

Notably, the bill excludes blind trusts, a provision included in previous reform attempts, and delays enforcement until after President Trump leaves office.

Though the bill still needs to pass the full Senate and the House, its advancement signals growing bipartisan concern over politicians profiting off privileged information. If signed into law, it would be one of the most aggressive ethics reforms in modern American politics.

Pelosi, who has repeatedly defended her husband’s financial decisions, has dismissed calls for a ban as unnecessary. Still, the issue has gained traction with voters across the political spectrum.

Pelosi has not responded publicly to Trump’s latest remarks.

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