Paul Pelosi's recent trades, reportedly totaling $38 million, have sparked controversy due to their timing and scale. The SEC filings revealed that he sold $24 million in Apple and $5 million in Nvidia stocks before making other high-profile trades in companies like Google and Amazon. Critics, including Rep. Alexandria Ocasio-Cortez, have questioned the ethics of congressional trading, citing the Pelosis' proximity to insider information, even though Nancy Pelosi officially claims no knowledge of the trades. The transactions have drawn scrutiny, reflecting concerns about potential influence and privilege in trading practices among lawmakers.
On New Years Eve, recent SEC filings show Mr. Pelosi had sold off roughly $24 million in Apple stocks and about $5 million in Nvidia.
Though the Pelosis can't technically make trades based on insider data, there's nothing prohibiting the couple from buying or selling stocks.
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