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White House Press Secretary Karoline Leavitt said Thursday that former House Speaker Nancy Pelosi is “rightfully criticized” amid ongoing allegations of insider trading, asserting she’s the main reason Congress is considering a ban on stock trading by lawmakers.
Speaking at a White House press briefing, Leavitt stated, “The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi. I mean, she is rightfully criticized because she makes $174,000 a year. Yet she has a net worth of approximately $413 million. In 2024, Nancy Pelosi’s stock portfolio, this was a fascinating statistic to me, grew 70% in one year in 2024.”
President Donald Trump echoed similar concerns Wednesday, accusing Pelosi of accumulating her fortune “by having inside information” when trading stocks.
“I think the president stands with the American people on this,” Leavitt added. “He doesn’t want to see people like Nancy Pelosi enriching themselves off of public service and ripping off their constituents in the process.”
This story is developing and will be updated.
