Wow. This isn’t insider trading
‘Paul Pelosi purchased 20,000 shares of Nvidia, one of
the world’s largest semiconductor companies, on June 17,
according to the speaker’s disclosure report released Thursday. Now, senators will convene as early as Tuesday to vote on a bipartisan competition bill, which allocates $52 billion to boost domestic semiconductor manufacturing and gives tax credits for production, Reuters
reported Thursday.
“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation. “This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”’
Paul Pelosi bought Nvidia stock prior to it being reported that the Senate will vote soon on a bill handing billions in subsidies to manufacturers.
dailycaller.com