I rarely get deep into politics, but so many people I know are talking about this. Nancy Pelosi’s husband sold 25,000 shares of Nvidia, the chipmaker known for video cards, at a $350,000 loss. This was as the House is preparing to vote on a bill that could impact the domestic chip manufacturing industry. While it’s claimed that he doesn’t talk to his wife about trades, this massive loss taking on a $4 Million dollar sale absolutely stinks of inside politics. Anyone else would have SEC investigations launched in a heartbeat.
House Speaker Nancy Pelosi’s (D-Calif.) husband sold up to $5 million worth of shares of chipmaker Nvidia as the House prepares to vote on a bill focusing on the domestic chip manufacturing industry. Pelosi completed a period transaction report signed on Tuesday that indicated that her husband, Paul Pelosi, sold 25,000 shares of Nvidia at…
Found at thehill.com
