House Speaker Nancy Pelosi (D-CA) on Thursday denied her husband has ever made a stock purchase or sale based on information he received from her.
“Has your husband ever made a stock purchase or sale based on info received from you?” a reporter asked Pelosi during her weekly briefing.
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“No! Absolutely not, okay, thank you,” Pelosi said as she walked away from the lectern.
VIDEO:
Watch this.
Reporter: “Has your husband ever made a stock purchase or sale based on info received from you?”
Pelosi: “No, absolutely not.”
The Pelosi’s recently bought shares in Nvidia, $NVDA, worth millions.
Nancy Pelosi backs the CHIPS Plus bill, a $52B semiconductor bill. pic.twitter.com/uMNIRVxg44
— unusual_whales (@unusual_whales) July 21, 2022
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Paul Pelosi, the husband of Speaker of the House Nancy Pelosi, bought up to $5 million in stock options in a computer-chip company back in June.
Paul Pelosi bought anywhere between $1 to $5 million in Nvidia stock options.
The New York Post reported:
House Speaker Nancy Pelosi’s husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in subsidies to boost the chip-manufacturing industry, new financial disclosures show.
Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, citing disclosure reports filed by the House speaker.
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There just happens to be a vote in the Senate to boost the U.S. semiconductor industry upcoming. It could come as early as Tuesday.
This will deliver billions in subsidies for the chip-manufacturing industry.
Reuters reported:
Voting in the Senate on a bill to boost the U.S. semiconductor industry and improve competitiveness with China could begin as early as Tuesday, Senate Majority Leader Chuck Schumer has been telling lawmakers, a source familiar with the issue said on Thursday.
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The source said the bill would include, at a minimum, billions of dollars in subsidies for the semiconductor industry and an investment tax credit to boost U.S. manufacturing.
Nothing to see here, move along.
Source material can be found at this site.
