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Before the U.S. Congress "Chip Act" vote, Pelosi's husband shot!
According to the Global Network, before the US Congress may vote on a bill including subsidies for the chip manufacturing industry as early as next week, some US media found that according to a document released by the office of Nancy Pelosi, the president of the US House of Representatives, Pelosi's husband Paul has bought 1 million to 5 million US dollars in shares of the US chip company Nvidia in the past few weeks.
Pelosi's office has not yet responded to a request for comment. It is reported that Pelosi's husband, Paul Pelosi, has always been a "fanatical investor" who has operated at policy nodes many times. According to the trading records released by House Speaker Pelosi, most of the securities investments made by his family have been stable. Although Pelosi denied "insider trading", her net worth of over 100 million yuan still aroused widespread doubts in public opinion.
US media: The United States will vote before the "Chip Act"
Pelosi's husband bought millions of dollars in stock in advance
According to the Global Network, before the US Congress may vote on a bill including subsidies for the chip manufacturing industry as early as next week, some US media found that according to a document released by the office of Nancy Pelosi, the president of the US House of Representatives, Pelosi's husband Paul has bought 1 million to 5 million US dollars in shares of the US chip company Nvidia in the past few weeks.
Screenshot of fox news report
According to the New York Post, the financial documents show that Paul Pelosi bought 20,000 shares of NVIDIA shares on the 17th of last month, worth $1 million to $5 million. At the same time, the report noted that he also sold shares in Apple and Visa in the United States.
Screenshot of a document released by Nancy Pelosi's office
Regarding the bill that the US Congress voted on as early as next Tuesday (19th), the New York Post introduced that it will provide billions of dollars in subsidies to promote the development of the US chip manufacturing industry. Fox News also said that the bill will also improve the ability of the United States to compete with China. Judging from previous reports, this "chip bill" totaled $52 billion, which is part of the "American Innovation and Competition Act" that the US government is eager to promote, and THE US congressional members will withdraw the "chip bill" from it and become independent in order to improve the chances of winning the vote.
Information about Pelosi's husband was exposed, and Fox News quoted Craig Holman, a member of the U.S. think tank, as saying that the disclosure of the information was worrying. "This certainly raises concerns (among people) that Paul Pelosi may have some legislative insider information," Holman said, "and that's why there's a stock trading software that specifically monitors the trading activities of Paul and his followers." ”
The New York Post said that at present, Pelosi's office has not immediately responded to a request for comment. In addition, the report also mentioned that Pelosi's husband, Paul Pelosi, has always been a "fanatical investor" and was charged with misdemeanor charges in June on suspicion of drunk driving. If convicted, the minimum penalty is 5 days' imprisonment.
It is worth noting that the investment behavior of Pelosi and her family has also been controversial before. Russia Today (RT) news network reported in October that U.S. investors have discovered a new "wealth code" from stock trading by politicians: According to the trading records released by House Speaker Pelosi, most of the family's securities investments have been stable. Although Pelosi denied "insider trading", her net worth of over 100 million yuan still aroused widespread doubts in public opinion, and RT mocked at the time that Pelosi was not only a senior politician, but also an investment queen, and probably no one would engage in insider trading more than her.
Many U.S. officials are deeply involved in stock speculation scandals
Previously, a number of Fed executives were caught in a stock speculation scandal.
On January 14, 2022, former Fed Vice Chairman Richard Clarida announced his resignation as fed governor.
Clarida was appointed Vice Chairman of the Federal Reserve in September 2018 for a term until January 31, 2022, two weeks before the end of his term. Shortly before Clarida's resignation, The New York Times and Bloomberg publicly questioned their february 2020 stock trade. At that time, due to the impact of the new crown pneumonia epidemic and the turmoil in the stock market, Clarida sold three equity funds on February 24, 2020, and bought back one three days later. Clarida filed revised financial statements last December, and the Fed said its original filing was missing.
In September 2020, Boston Reserve Bank President Eric Rosengren and Dallas Reserve Bank President Robert Kaplan announced their early departures. Rosengland faced public criticism for trading stocks and other investments and subsequently left office early citing health concerns. Kaplan claimed that an individual's recent stock trading could cause "interference" to the bank and he left office early.
In addition to Fed officials, U.S. intelligence executives have also exposed earth-shattering scandals.
Senator Richard Burr, Republican from North Carolina, is chairman of the Senate Intelligence Committee and a member of the Senate Health Committee. Npriz said Burr regularly listens to Senate briefings on covid-19. In 2006, he pushed Congress to draft the Pandemic and All Dangers Preparedness Act (PAHPA), the current U.S. federal government's legal framework for responding to the pandemic.
According to US media, Burr's stock trading records show that he and his wife sold 33 different stocks on February 13, 2020, with a total valuation of between $628,000 and $1.7 million, including shares of two hotel chains worth $150,000. In those weeks, both companies fell sharply in value. He also sold $65,000 worth of Park Hotels & Resorts shares. Burr's data on stock dumps was obtained by the US media through the relevant official asset disclosure mechanism of the US Congress. He reported his February 13 sell-off on Feb. 27.
Richard Burr's trade orders
NPR commented that Richard Burr was involved in drafting the U.S. pandemic response framework, but he has never issued a warning of the same degree to the public since February.
On February 7, 2020, Burr wrote in a column on the Fox News website that the United States (in its way of responding to the outbreak) is "better prepared than ever", that Congress has put in place a "legal framework" within which the Trump administration has also "actively responded to covid-19".
Three other senators also sold a large number of shares during Burr's stock sell-off. According to the disclosures, they were Diana Feinstein, a California Democrat and member of the Intelligence Committee, James Inhoff, a Republican in Oklahoma, and Kelly Loveller, a Georgia Republican.
Diana Feinstein and her husband went on a wild sell-off of stocks on January 31, 2020, including $1 million to $5 million in trading on February 18 of that year alone. The deal slip clearly shows that this is stock of Allogene Therapeutics, a California-based biotech company.
Diana Feinstein's trade list
A disclosure report reveals that Mr. James Inkhov sold a large number of shares on January 27, 2020, including shares in PayPal, Apple and real estate company Brookfifield Asset Management, with a total value of $400,000.
James Inkhov's trade slip
Kelly Loveller, whose husband Jeffrey Spreecher is also chairman of the New York Stock Exchange, began selling 27 stocks worth millions of dollars starting Jan. 24, 2020. That day, Kelly Loveller said on social media that she attended a Senate briefing on the coronavirus. The shares sold by the couple belong to ExxonMobil, Ross and Auto Zone.
Kelly Loveller's trade orders
Some are synthesized from CCTV News and Global Network
Editor: Ye Shujun
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