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President Donald Trump on Wednesday called for an investigation into Rep. Nancy Pelosi, D-Calif., over allegations of insider trading.
The remarks came after Trump was asked about legislation introduced by Sen. Josh Hawley, R-Mo., known as the PELOSI Act—short for Preventing Elected Leaders from Owning Securities and Investments. The bill would ban members of Congress, the president, and the vice president from owning or trading individual stocks.
“I like it conceptually,” Trump said, adding that he would need to examine it further.
“You know, Nancy Pelosi became rich by having inside information,” he said. “She made a fortune with her husband and I think that’s disgraceful.”
“What I do think is Nancy Pelosi should be investigated. She has the highest return of anybody, practically, in the history of Wall Street, save a few. How did that happen?
“She knows exactly what’s gonna happen, what’s gonna be announced. She buys stock and then the stock goes up after the announcement’s made. And she ought to be investigated.”
Trump’s comments echoed those made by podcast host Joe Rogan earlier in the week.
“There’s like a system and they all get funded, and they all make sure that there’s this kind of crooked system that will allow someone like Nancy Pelosi who – what does she make like $200,000 a year? She’s worth $150 million! How the f*** did that happen?” Rogan asked.
“If insider trading is illegal, how the f*** is it legal for her husband to make all these purchases of stock right before these giant deals came out that she negotiated? And then he gets this windfall and they get insanely wealthy! Over and over and over again!
“And there’s no investigation into it, there’s no talking about it. It’s f*ing wild, man, It’s wild sh. And they think Putin’s a mobster. What are YOU?”
