NEW: Infamous Dem Rep. Caught In Potential Legal Turmoil

A filing from this month has revealed that Rep. Shri Thanedar (D-MI) reported a stock purchase in a company called Strategy over a year late. The buy is reportedly valued between $15,001 and $50,000. According to the information, the date for the purchase is listed as July 1, 2024, with the report being published on Aug. 11, 2025.

Shares of Strategy are, as of this writing, trading at $400.73. Thanedar’s purchase was a congressional transaction, which is when a congressperson or senator buys or sells individual stock, and that could indicate insider trading.

A person who serves in Congress is required to file a Periodic Transaction Report as a means of informing the public of their most recent transaction within 30 days of being notified of the transaction and within 45 days of the date the transaction took place.

Former President Barack Obama signed the STOCK Act into law in April 2012. The act forbids members of Congress from using any private information that was passed on to them due to their position for personal gain, such as buying or selling stock.

The act also provided expansions for disclosure requirements for members of Congress by requiring them to file monthly disclosures. One reason people monitor these congressional transactions is that such activity could indicate a stock is about to rise.

However, when the transaction is the sale of a stock, there could be a number of reasons behind the move aside from a drop in the stock’s value.

Earlier in the week, President Donald Trump slammed Rep. Nancy Pelosi (D-CA) for somehow managing to become filthy rich during her time as a public servant, which he says is the result of insider trading.

“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???” Trump said in a post on Truth Social.

Pelosi, who has faced a lot of criticism for her strangely profitable stock portfolio, said, without a hint of irony, “the American people deserve confidence that their elected leaders are serving the public interest — not their personal portfolios.”

The California congresswoman is backing Sen. Josh Hawley’s (R-MO) HONEST Act. The bill proposes a ban on members of Congress, the president, and the vice president from being able to trade stocks.