<p>President Donald Trump said on Wednesday that former House Speaker Nancy Pelosi (D-CA) should be investigated for insider trading.</p>
<p>The former speaker, along with her venture capitalist husband, has faced allegations of insider trading as her investments outperformed almost every major hedge fund in 2024, the New York Post <a href="https://nypost.com/2025/06/21/us-news/pelosi-added-millions-to-net-worth-last-year-report/">reported</a>.</p>
<p>&#8220;You know, Nancy Pelosi became rich by having inside information. She made a fortune with her husband, and I think that&#8217;s disgraceful,&#8221; Trump <a href="https://x.com/RapidResponse47/status/1950617253952582084">said</a> during a press conference at the White House.</p>
<p>&#8220;And what I do think is Nancy Pelosi should be investigated, because she has the highest return of anybody practically in the history of Wall Street, save a few,&#8221; Trump added. &#8220;And how did that happen? It happened by she knows exactly what&#8217;s gonna happen, what&#8217;s gonna be announced, she buys stock, and then the stock goes up after the announcement&#8217;s made. And she ought to be investigated.&#8221;</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">.<a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a>: &quot;Nancy Pelosi became rich by having inside [trading] information. She made a fortune with her husband — and I think that&#39;s disgraceful &#8230; She ought to be investigated.&quot; <a href="https://t.co/N8ydC2jGhF">pic.twitter.com/N8ydC2jGhF</a></p>
<p>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1950617253952582084?ref_src=twsrc%5Etfw">July 30, 2025</a></p></blockquote>
<p>Pelosi denied Trump&#8217;s allegations, calling them &#8220;ridiculous.&#8221;</p>
<p>&#8220;In fact, I very much support [stopping] the trading of members of Congress, not that I think anybody&#8217;s doing anything wrong. If they are, they are prosecuted, and they go to jail,&#8221; Pelosi <a href="https://x.com/RapidResponse47/status/1950666092608901550">said</a> during an interview on CNN.</p>
<p>&#8220;But I have no concern about the obvious investments that have been made over time,&#8221; she added. &#8220;I&#8217;m not into it, my husband is, but it isn&#8217;t anything to do with anything insider.&#8221;</p>
<p>Trump&#8217;s comments come as the White House pushes back on Sen. Josh Hawley&#8217;s (R-MO) legislation moving through Congress that bans members of Congress, presidents, and vice presidents from trading stocks. Earlier on Wednesday, Trump said he &#8220;conceptually&#8221; supported the bill and said he would &#8220;take a look at it,&#8221; but later, he sounded off on social media, <a href="https://truthsocial.com/@realDonaldTrump/posts/114944074791548865">ripping</a> Hawley for voting with Democrats and saying that the senator &#8220;blocked a Review, sponsored by Senator Rick Scott, and with the support of almost all other Republicans, of Nancy Pelosi’s Stock Trading over the last 25 years.&#8221;</p>
<p>In order to get Democrats on board and get the bill out of committee, Hawley added bans on stock trading for the president and vice president, Axios <a href="https://www.axios.com/2025/07/29/white-house-lobbies-hawley-stock-trading-ban?__cf_chl_rt_tk=v9FeShaJe9kRh.Vx7PvbEJGvywlNI_9XmqpC9RtUiUI-1753913000-1.0.1.1-ViM7NXL.YFMoNgW53J4tR8B4w_cjg8pg1RWJM0guJE0" target="_blank" rel="noopener">reported</a>. Hawley&#8217;s legislation includes a carve-out for Trump and would not require the president to divest his holdings for the remainder of his term, POLITICO <a href="https://www.politico.com/live-updates/2025/07/30/congress/trump-comes-for-hawley-00485868">reported</a>. Hawley emphasized that carve-out and told reporters, “Listen, I want the President to sign the bill, so I’m happy to do whatever it would take to get him to say, ‘Yes, this is good.’”</p>
<p>A Senate panel advanced this version of the bill on Wednesday. Hawley voted with Democrats to advance the bill, with the other Republicans voting against it. It could now get a vote by the full Senate, which has a 53-seat GOP majority.</p>
<p>Pelosi also endorsed the bill.</p>
<p>&#8220;We must have strong transparency, robust accountability and tough enforcement for financial conduct in office because the American people deserve confidence that their elected leaders are serving the public interest — not their personal portfolios,&#8221; Pelosi said in a <a href="https://pelosi.house.gov/news/press-releases/pelosi-statement-support-congressional-stock-trading-ban">statement</a>. &#8220;I strongly support this legislation and look forward to voting for it on the Floor of the House.&#8221;</p>
<p><em>This article has been updated to include additional information on Hawley&#8217;s bill. </em></p>

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‘That’s Disgraceful’: Trump Says Nancy Pelosi Should Be Investigated For Insider Trading

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‘That’s Disgraceful’: Trump Says Nancy Pelosi Should Be Investigated For Insider Trading