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Paul Pelosi s questionable Wall Street windfall spurs bipartisan calls for stock trading ban | The Hill

By Thomas A. Smith

The speaker went on to say that she didn t believe the step was necessary because she trusted her colleagues to do the right thing.  I have great confidence in the integrity of my members, Pelosi said. Meanwhile, Gallup finds that just 2 percent of voters have a  great deal of trust in Congress. 

Now more eyes are turning to Paul Pelosi, the House speaker s husband. From a trading perspective, he s like the real-life version of Gordon Gekko from the 1987 Oliver Stone classic  Wall Street.  His portfolio has substantially outperformed the S&P 500. In 2020 alone, a year when the stock market was as turbulent as in any year in recent memory thanks to COVID-19 shutdowns, Paul outperformed the S&P 500 by 14.3 percent, according to Hawley s office. And per a New York Post analysis, the Pelosis have made approximately $30 million from trades involving Big Tech companies the House speaker is responsible for regulating. 

In fact, Paul is so good that there s an app that allows the public to follow his stock trades. And for good reason: The Pelosi s reported net worth is more than $114 million, according to OpenSecrets.org. Per a Business Insider report, a vast majority of the couple s wealth is derived from stocks, options, and investments made by Paul Pelosi.

via thehill.com