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Person

Nancy Pelosi

Democratic U.S. Representative from California who has served as Speaker of the House.

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Family ties

  • Paul Pelosi, husband

    • invested in Visa Visa IPO shares bought with his wife, as CBS reported Mar 2008
    • invested in Nvidia options bought more than a year earlier, exercised 17 June 2022 for 20,000 shares at a $100 strike; 25,000 shares reported sold at an average $165.05, a loss of $341,365 Jun–Jul 2022
    • appears in Insiders (60 Minutes) with his wife, bought Visa shares in the 2008 IPO, as CBS reported

Connections 4

member of

  • U.S. Congress Representative from California; Speaker of the House Scholarship & press 1

relative of

involved in

appears in

  • Insiders (60 Minutes) asked whether a speaker should accept “a very preferential, favorable stock deal” in the 2008 Visa IPO; she answered “Well, we didn’t”, and her office said the purchase was not preferential and came on a broker’s recommendation Scholarship & press 25
Proof 5 sources
  1. House Speaker Nancy Pelosi Opposes Banning Congress Members From Owning Individual Stocks: ‘We’re a Free Market Economy’, CNBC, 15 Dec 2021. Scholarship & press
    Pelosi, D-Calif., told reporters at a news conference where she was asked whether she would support such a prohibition.
  2. Congress: Trading stock on inside information? (script of “Insiders”, 60 Minutes), CBS News, 13 Nov 2011. Scholarship & press
    And former House Speaker Nancy Pelosi and her husband have participated in at least eight IPOs.
    Kroft: Well, I-- I-- I guess what I'm asking is do you think it's all right for a speaker to accept a very preferential, favorable stock deal?
    Well, we didn't.
    Congresswoman Pelosi pointed out that the tough credit card legislation eventually passed, but it was two years later and was initiated in the Senate.
    Democratic Congresswoman Nancy Pelosi's office called the report a "right-wing smear."
  3. Pelosi says her husband never made stock purchases based on info she gave him, Fox Business. Scholarship & press
    House Speaker Nancy Pelosi, D-Calif., said her husband, Paul Pelosi, never made stock purchases based on information she gave him.
  4. Pelosi supports Hawley’s congressional stock trading ban, KRON4. Scholarship & press
    Pelosi (D-San Francisco) issued a statement supporting the act
  5. Lawmakers Deny Insider Trading in ‘60 Minutes’ Report, Roll Call, 13 Nov 2011. Scholarship & press
    her husband’s participation in the Visa IPO was not “preferential” and came at the recommendation of his broker at a Wells Fargo in San Francisco.
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