Former police chief: Pelosi made it clear she sees no problem with House members engaging in insider trading


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WASHINGTON, DC- This woman is literally insane. Law Enforcement Today has previously reported on the questionable financial dealings of House Speaker Nancy Pelosi (D-CA), whose husband Paul has had some amazingly timed stock purchases over the past several years.

Now, after an investigation revealed that dozens of congressional members had illegally engaged in transactions which break insider trading laws, according to the Daily Wire.

During a press event Wednesday, a reporter asked Pelosi:

“Madam Speaker, Insider just completed a five-month investigation finding that 49 members of Congress and 182 senior Congressional staffers have violated the STOCK Act, the insider trading law,” he said. “I’m wondering if you have any reaction to that.”

“And secondly, should Members of Congress and their spouses be banned from trading individual stocks while serving in Congress?” he asked.

Pelosi, in her usual stammering, stuttering diarrhea of the mouth said:

“No I don’t—no, to the second one. Any—we have a responsibility to report in the stock—on the stock,” the mumbling, bumbling Pelosi answered. “But I don’t—I’m not familiar with the five month review, but if they people aren’t reporting, they should be.”

“Why shouldn’t they be banned?” the reporter asked.

“Because this is a free market and people—we are a free market economy,” Pelosi said. “They should be able to participate in that.”

That’s pretty amusing, actually. Pelosi, who is a constant critic of the capitalist system suddenly touts “free markets” when it financially benefits her and her husband.

According to Business Insider, Pelosi’s sudden embrace of the free market flies in the face of progressives in her own party, including bartender turned representative Alexandria Ocasio-Cortez (D-NY) and Sen. Elizabeth Warren (D-MA), both who have publicly called for members of Congress to be banned from trading stocks while in office.

It’s truly scary that in this case, we actually find ourselves agreeing with the two liberal loons.

“It is absolutely ludicrous that members of Congress can hold and trade individual stock while in office,” Ocasio-Cortez wrote in a recent tweet.

“The access and influence we have should be exercised for the public interest, not our profit. It shouldn’t be legal for us to trade individual stock with the info we have.”

Meanwhile Warren told Business Insider that she had seen copies of the investigation and sharply criticized the “brazenness” of Congressional members and their staffs to engage in stock trading even while they had access to privileged information.

“We need both tougher laws and enforcement of those laws,” Warren said. “The American people should never have to guess whether or not an elected official is advancing an issue or voting on a bill based on what’s good for the country or what’s good for their own personal financial interests.”

In response to the report and when asked for clarification of Pelosi’s remarks, Pelosi spokesman Drew Hammill said Pelosi prefers a “transparency-focused” approach to congressional insider trading.

“The STOCK Act exists to shine a bright light on trades by members of Congress,” he said. “Sunlight is the best disinfectant.”

Mediaite of all outlets actually took Pelosi to task for the insider trading, writing that the Speaker “routinely makes headlines with her husband for their prophetic ability to make winning trades.”

The Pelosi’s “stock trading prowess” recently made news for their prolific stock trading acumen from last January, when Paul Pelosi purchased between $500,000 and $1 million in call options in Tesla stock at a “strike” price of $500. Last month, the stock hit a new historical high in November, hitting a price in excess of $1200 per share.

One estimate showed that last year alone, the Pelosi’s made a 45.59% return on stocks, along with a 66.7% return on options trading. Amazing luck, isn’t it?

According to the Business Insider report, the 49 members of Congress and 182 Capitol Hill staffers submitted stock disclosures past the required deadlines for trades executed in the years 2020 and 2021, legally required under the STOCK Act.

Under the law, they face fines of $200 for first offenses, an amount which increases over time. Congressional ethics staff have refused to confirm if any of those who acted illegally had been fined.

From a separate report in Business Insider:

Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. The only assets that Pelosi reported owning or joint-owning were here home in Napa, California, and a Wells Fargo bank account containing less than $15,000.

Pelosi’s husband had holdings in corporations such as Slack, Tesla, Disney, Visa, Salesforce, PayPal, Alphabet, Facebook, and Netflix—companies that together spend tens of millions of dollars each year lobbying the federal government.

Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, D.C.

According to a tweet from Benny Johnson, Pelosi’s annual salary is $223,500 while her net worth is about $100 million dollars.

The above indicates how members of Congress play fast and loose with the rules.

In fact, Pelosi’s spokesman himself shows how disingenuous the Washington, DC elite are, acting as though because the stocks are in the “name” of Pelosi’s husband that somehow disconnects her from them.

“The speaker does not own any stocks,” Hammill said. “As you can see from the required disclosures, with which the speaker fully cooperates, these transactions are marked ‘SP’ for spouse. The speaker has no prior knowledge or subsequent involvement in any transactions.” 

What a crock.

Business Insider said that numerous examples have been identified by them whereby federal lawmakers engaged in stock trading within industries they oversee as part of their congressional committee assignments, including within the defense, healthcare, and energy industries.

The information is included in a report called “Conflicted Congress,” which paints an interesting picture of who in Congress is engaged in questionable financial shenanigans.

The report also examined what industries or companies saw the most ownership within members’ stock portfolios. Among the leading companies are tech giants Apple, Google, and Microsoft. Members also have significant stakes in two of the companies producing COVID-19 vaccines…Pfizer and Johnson & Johnson.

Two men arrested and charged with the attempted murder of a Chicago cop after shooting him during a traffic stop

For more on the Pelosis’ “impeccable timing” in stock purchases, we invite you to read our prior reporting on the issue:


WASHINGTON, DC- When the founding fathers developed our system of government, it was never intended as a means for our political leaders to get wealthy. Yet here we are. The House and Senate are both chock full of very wealthy people, in many cases multi-millionaires.

One of the more flagrant examples of turning a political career into exorbitant wealth is Speaker Nancy Pelosi, who has served in Congress for nearly 34 years. During that time, Pelosi has managed to amass a net worth of $315 million as of 2020, according to a Watters World investigation by Fox News’ Jesse Watters.

Watters started looking into Pelosi after her pork-laden improperly named “infrastructure” bill failed to gain traction in Congress as members of her own caucus couldn’t reach an agreement. Watters condemned Pelosi’s policies, slamming them for making it “harder and harder for average Americans to accumulate wealth,” while saddling them with confiscatory taxes and “destroying the dollar with reckless spending.”

While average Americans have difficulty accumulating wealth, members of Congress have no such issues, especially Pelosi. While her salary as Speaker earns her a salary in the low six-figure range, Crazy Nancy sits as one of the wealthiest members of Congress.

Watters was curious to know what Pelosi’s secret sauce was and the answer came in the name of her husband, Paul Pelosi.

“After they got married, Paul opened up a real estate and venture capital firm. And through his connections, he pushed Nancy into the political world, helping her get elected to Congress in 1987,” Watters said.

“The couple has timed the market perfectly over the years, while Nancy’s been a Washington insider,” Watters said. “Real estate, stocks, the Pelosi’s always know what the right investment is.”

Among the Pelosi’s holdings include a mansion in Napa Valley worth a tidy $25 million, a waterfront condominium in Washington, D.C. worth over $2 million, and a brick mansion in California’s Pacific Heights. Not bad for low six figures.

Watters found however that wasn’t all of the Pelosi’s real estate fortune. Watters noted that Paul Pelosi owns commercial properties in San Francisco which “combined [are] worth up to $50 million.”

The year 2018 began to accelerate the Pelosi’s wealth, when it exploded.

“That year, her financial disclosure report revealed a net worth of over $114 million. IN 2019, Pelosi’s assets total up to a whopping $271 million and in 2020, those numbers went up even more to as high as $315 million,” an increase of nearly 300%.

Not bad for three years of investment.

The Pelosi’s haven’t only earned their money in the real estate market.

“In 2007, Visa worried the new Democrat Congress would target their swipe fees, costing them billions. So they hired a team of lobbyists who descended on Pelosi,” Watters said. “”Visa’s CEO personally met with her. She got donations from them. One of his advisers left and became a Visa lobbyist himself.”

After this, an amazing stroke of luck befell the Pelosi’s.

“Suddenly, Paul Pelosi got a phone call from his broker. He was in luck,” Watters continued. “Paul was offered a prescreened invite to get in early on Visa’s $18 billion IPO. Did Nancy and her husband hesitate? No, they bought between $1 million and $5 million worth of Visa stock.

But it gets better. While Pelosi was speaker, bills that would have hurt Visa’s stock price were blocked in the House, with Visa’s shares going up over 200 percent during the time, making the Pelosi’s a fortune on paper.”

“In January [2021], the Pelosi’s got a million dollars of Tesla stock right before Joe Biden announced electric car incentives in June. The Pelosi family cashed in big time just before Congress was set to pounce on Big Tech. Mr. Pelosi exercised options on Google’s parent company, Alphabet, making an easy $5.3 million.”

In most places that is called “insider trading.” Remember last year when former Georgia Sen. Kelly Loeffler and others were excoriated by the media for seizing on the COVID-19 pandemic by making some convenient stock moves? Pelosi makes Loeffler look like an amateur, yet all  we hear are crickets.

But wait, there’s more.

“In March, Paul Pelosi exercised $2 million worth of Microsoft options, just two weeks before the tech giant got a $22 billion contract to equip the U.S. Army with high tech headsets,” Watters said.

“The Pelosi’s have never been indicted for insider trading, but her marriage investments and access, combined with extremely fortunate timing, have created a lot of suspicions [emphasis added] All we’re doing is following the money, and there sure is a lot of it,” Watters concluded.

Remember this the next time Pelosi talks about “millionaires and billionaires.”

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For more on the Pelosi’s impeccable timing, we invite you to:


WASHINGTON, DC- Remember when Democrats had a meltdown after some Republicans sold stock just prior to a stock market retraction last year? So do we.

So it will be interesting to see the reaction now that it has been revealed that Paul Pelosi, husband of House Speaker Nancy Pelosi (D-CA) bought call options in Amazon.

Normally this might not be a huge deal, but given that it occurred only six weeks before the Pentagon announced it had canceled a multi-billion-dollar contract with Microsoft in favor of a new one which will likely benefit—wait for it—Amazon, Breitbart reports. Swamp? You decide.

This week, the Biden Pentagon announced cancelation of its multi-billion dollar JEDI cloud services contract with Microsoft while announcing a new initiative that Amazon would be able to compete for.

Amazon was widely believed to be the front-runner for the JEDI contract when it was initially conceived in 2017, however it was ultimately given to Microsoft in 2019.

Amazon sued, claiming they were overlooked in favor of Microsoft due to personal animus from then-President Donald Trump against Amazon CEO Jeff Bezos, who owns the Washington Post. The Post of course was one of the major publications with a major case of Trump Derangement Syndrome.

In announcing the new contract called “Joint Warfighter Cloud Capability, or JWCC, it was described as a “multi-vendor” and “multi-cloud” platform, and both Microsoft and Amazon have been named as the top two contenders.

The Department intends to seek proposals from a limited number of sources, namely the Microsoft Corporation (Microsoft) and Amazon Web Services (AWS), as available market research indicates that these two vendors are the only Cloud Service Providers (CSPs) capable of meeting the Department’s requirements.

However, as noted in its Pre-Solicitation Notice, the Department will immediately engage with industry and continue its market research to determine whether any other U.S.-based hyperscale CSPs can also meet the DoD’s requirements. If so, the Department will also negotiate with those companies.

In announcing the above, the Pentagon’s Acting Chief Information Officer John Sherman said that although there is no guarantee, it is expected that both Microsoft and Amazon will “likely” be awarded parts of the new contract, he said during a conference call.

Pelosi’s husband’s “timing” was impeccable, as after the announcement, Amazon’s stock prices closed at a record high of $3675.74, which bested its previous closing record of $3,531.45 in September of last year, according to MarketWatch.

That record close coincided with the first day as Amazon’s new CEO for Andy Jassy. The close was Amazon’s best single-day percentage gain since November 4, 2020, the report said.

In a statement, Amazon said they welcomed the Pentagon’s decision:

We understand and agree with the DoD’s decision. Unfortunately, the contract award was not based on the merits of the proposals and instead was the result of outside influence that has no place in government procurement.” Amazon is apparently unfamiliar with the “issues” involved in government procurement procedures.

“We believe this is a clear positive for Amazon and potentially negative for the third-party data centers,” Raymond James analysts wrote in a note about the Pentagon’s decision, MarketWatch reported.

“We believe the shift to Amazon further cements its position as a leading cloud provider, particularly to government agencies.” With that in mind, does anybody expect the government to do anything to break Amazon’s stranglehold on the marketplace?

On May 21, Paul Pelosi bought call options worth between $500,001 and $1 million. On that day he also purchased Apple call options worth between $100,001 and $250,000. Those transactions were found on Nancy Pelosi’s latest financial disclosure report filed on July 2.

Breitbart noted that in reviewing Pelosi’s financial disclosures going back to 2009, they found that Paul Pelosi’s timing was impeccable surrounding JEDI-program related stock purchases.

The search for an updated cloud solution began in mid-2017 under then-Defense Secretary Jim Mattis and Deputy Defense Secretary Patrick Shanahan. The Pentagon was seeking the ability for the Department of Defense to access and share data faster.

On July 26, 2018, the Pentagon released its final request for proposals (RFP) for the JEDI program. Only one day after, on July 27, 2018, Pelosi’s husband made his first purchase of Amazon call options.

Just three months later, on October 12, 2018, Pelosi purchased additional call options worth as much as $6,000,000. But remember, Pelosi is for the poor and downtrodden.

The next year, a federal judge dismissed a lawsuit from Oracle America, which sued the Pentagon when they were excluded from bidding on the contract.

That decision, on July 12, 2019 cleared the way for the Pentagon to award the contract to either Microsoft or Amazon. It was Amazon’s attorneys that defended the contract in this case.

Just ten days later, Pelosi made an additional purchase of Amazon call options worth an additional $1 million.

Former President Donald Trump intervened four days after, stating he wanted to ensure that the JEDI contract wasn’t biased toward Amazon.

In October 2019, the Pentagon awarded the contract to Microsoft, whereby Amazon filed a lawsuit arguing the Trump administration had interfered in the process. Amazon secured a restraining order preventing Microsoft from starting the project.

More stock purchases by Pelosi came in the midst of positive developments for Amazon.

On April 28, 2021, Amazon survived a motion to dismiss its case. Just a few days later, Deputy Defense Secretary Kathleen Hicks said on April 30, 2021, that the Pentagon was going to review the JEDI contract. Just under one month later, Pelosi purchased more Amazon call options worth an additional $1 million.

The Pentagon’s decision while not unexpected, came about suddenly and put an end to the legal back-and-forth between the Pentagon and Amazon. Breitbart said they reached out to Nancy Pelosi’s spokesperson, but did not receive a response.

In a separate report, Fox Business noted the purchase of the Amazon call options, the Apple call options and the exercising of Alphabet (Google) call options came just a week prior to the House Judiciary Committee passing antitrust legislation targeting Google, Amazon, Apple and Facebook.

In a laughable statement, a Pelosi spokesperson told Fox Business:

“The speaker has no involvement or prior knowledge of these transactions, while adding, “The speaker does not own any stock.”

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Last year, we reported on a United States Senator who dumped stock just before a huge market downturn which had heads turning. For more on that, we invite you to:


Washington, D.C. – We are all familiar with the Democratic charge to have the President impeached over false allegations. Sadly, the current front runner for the Democratic ticket, Joe Biden, has admittedly done the very thing that they wanted to impeach Trump for. And Democrats are turning a blind eye to that fact.

Apparently, there is a difference between the two major parties bigger than politics…and it’s called  accountability.

Richard Burr is a Republican Senator from North Carolina. And conservatives are calling for him to be held accountable.

Burr allegedly dump $1.56 million in stocks, which included shares of hotels and resorts. Selling off stock, in and of itself is not a big deal.

But when you are being briefed daily on what could happen to the economy as the chair of the Senate Intelligence Committee, and you sell off close to $2 million just days before the stock market takes a nosedive…it becomes a very big deal.

“Senator Burr filed a financial disclosure form for personal transactions made several weeks before the U.S. and financial markets showed signs of volatility due to the growing outbreak,” his spokesperson said.

“As the situation continues to evolve daily, he has been deeply concerned by the steep and sudden toll this pandemic is taking on our economy.”

According to ProPublica, his biggest sales included companies that are among the most vulnerable to an economic slowdown.

He dumped up to $150,000 worth of shares of Wyndham Hotels and Resorts, a chain based in the United States that has lost two-thirds of its value.

And he sold up to $100,000 of shares of Extended Stay America, an economy hospitality chain. Shares of that company are now worth less than half of what they did at the time Burr sold.

The assets come from accounts that are held by Burr, belong to his spouse or are jointly held.

On his show Thursday night, Tucker Carlson did not hold back.

“There is no greater moral crime than betraying your country in a time of crisis,” Carlson said. 

Carlson went on to say that Burr needed either to resign and face prosecution, or come out with an “honest explanation” of how he knew to offload all that stock just one week before the market drop by 30% if you weren’t guilty of insider trading.

“He had inside information about what could happen to our country, which is now happening, but he didn’t warn the public,” the conservative Fox News host said in response to the report.

“He didn’t give a prime time address. He didn’t go on television to sound the alarm.”

Burr was not alone in selling of stocks. Georgia Republican senator Kelly Loeffler also started making changes to her portfolio. All but 2 of her 29 transactions were sells. One of her purchases were stocks in Citrix, which is a “teleworking” software.

It is almost as though someone knew ahead of time that there would be a surge in people working from home.

While many stocks went down in value, Citrix is up marginally.

It should come as no surprise that when the Senate was being briefed, Burr and Loeffler sat next to each other.

Another noteworthy piece of information about Burr is that in 2012 when the Senate passed a bill called the Stop Trading on Congressional Knowledge Act of 2012, he voted no.

The purpose of the bill to prohibit Members of Congress and employees of Congress from using nonpublic information derived from their official positions for personal benefit, and for other purposes.
In opposing the bill, Burr argued at the time that insider trading laws already applied to members of Congress.
Never one to shy away from going after the spotlight, Alexandria Ocasio-Cortez called for Burr to resign as well.
Ocasio-Cortez said on Twitter that as chairman of the Intelligence Committee, Burr “got private briefings about the pandemic weeks ago. Burr knew how bad it would be.
He told the truth to his wealthy donors, while assuring the public that we were fine. THEN he sold off $1.6 million in stock before the fall. He needs to resign.”
Congressman Joaquin Castro said that Burr’s selling off the stock ahead of the markets’ being hit is precisely the problem and that it should be investigated.

“As a member of the House Intelligence Committee, I know that our committee receives sensitive information, including assessments and projections, before others in Congress and the general public (if ever). Senator Burr should suspend his chairmanship pending investigation,” Castro tweeted.

He also added:

“Much of the American Republic believes that the corruption racket in politics revolves around campaign finance. I think more of it revolves around personal corruption, like this example.”

It’s funny how quickly Democrats point a finger at the personal corruption they see in Republicans, yet they remain silent, or even endorse and condone that same type of corruption from members of their own party.

Just ask Ilhan Omar. She has been accused of funneling close to $370,000 to a firm where the man she was allegedly having an affair with is a partner.

Oh, let’s not forget that the FBI has been looking into allegations that she married her brother to help him through the immigration process.

When Omar ran for Congress in 2018, critics raised the issue that her suspicious marriage to Ahmed Nur Said Elmi in 2009 constituted as immigration fraud because Elmi was her brother.

The marriage was later dissolved, but Omar filed joint tax returns with Elmi from 2009 to 2017.

This is where critics also accuse Omar of committing tax fraud.

In 2014 and 2015, Omar filed joint tax returns with a man named Ahmed Abdisalan Hirsi, her current husband.

So, she filed her taxes jointly in 2014 and 2015 with two different men?

This can result in criminal charges if she intended to illegally file the taxes jointly with the intention to cheat on her taxes owed.

Omar’s tax returns are not public, so there is no way to verify this information.

But this raises another question.

Democrats are demanding Donald Trump’s tax returns with no allegations of cheating on his income tax.

So, those on left are quick to point out the alleged illegal activity of Republicans…but when it comes to members of their own party…the silence is deafening.

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