U.S. House Speaker Nancy Pelosi's husband sold call options in chipmakers Micron Technology and Nvidia for a loss of under $1 million, according to a new transparency filing.
A 2012 law makes it illegal for lawmakers to use information from their work in Congress for their personal gain. The law requires them to disclose stock transactions by themselves or family members within 45 days.
Senior House Democrats have yet to allow a vote on legislation restricting members of Congress and other government officials from trading stocks. Such legislation has been introduced in response to allegations that some lawmakers may have taken advantage of their positions for personal gain. Pelosi initially voiced skepticism of changes to the current law, but later allowed legislation to advance toward consideration by the chamber.
In July, Paul Pelosi sold Nvidia shares days before the House approved legislation providing subsidies and tax credits worth over $70 billion to boost the U.S. semiconductor industry.by Unusual Whales, a service selling financial data, concluded that congressional lawmakers last year traded $290 million in stocks, options, cryptocurrency and other assets, and that they outperformed the market, on average.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Paul Ryan Says Trump Won’t be GOP Nom in 2024: ‘We All Know He Will Lose’“We all know he’s much more likely to lose the White House than anybody else running for president on our side of the aisle.”
Baca lebih lajut »
Paul Ryan predicts Trump will not be 2024 Republican nomineeFormer House Speaker Paul Ryan said he believes former President Donald Trump will not be the Republican nominee for president in 2024, regardless if he runs.
Baca lebih lajut »
Latest line: A good week for Nancy Pelosi, a bad week for Evergreen School DistrictNewly released video shows House Speaker cool during Capitol attack, as San Jose district loses a big lawsuit
Baca lebih lajut »
‘Summer House’ stars Lindsay Hubbard, Danielle Olivera address rumored feud“I’ll just use the word ‘unfortunate,'” Olivera said of the alleged falling out between her and her former best friend, with Hubbard saying, “Same.”
Baca lebih lajut »
Argyle Club house evolved along with Alamo HeightsAt the center of the large, plantation-style mansion is the original house, which has...
Baca lebih lajut »