Defending Medicaid: Insider Trading Accusations and Public Health Advocacy

• Allegations by Donald Trump:

  • Former President Donald Trump is quoted calling for an investigation into Nancy Pelosi, accusing her of using insider information to amass wealth through stock trading.
  • He claims Pelosi has achieved returns “practically in the history of Wall Street” and suggests this is due to her access to non-public information.

• Financial Discrepancies Highlighted:

  • Pelosi’s government salary is cited as $174,000/year, yet her net worth is reported to have grown from $114.7 million in 2018 to potentially $413 million by 2024.
  • The file references sources like OpenSecrets, Investopedia, and The Times to support these figures.
  • Paul Pelosi reportedly earned between $7.8 million and $42.5 million in 2024 from stock trades.

• Stock Performance:

  • The Pelosi portfolio allegedly returned 54% in 2024, outperforming the S&P 500’s 25% gain.
  • Notable trades included early investments in Nvidia and Palo Alto Networks, and timely sales of Microsoft and Visa.

• Pelosi’s Response:

  • In a CNN interview with Jake Tapper, Pelosi deflects the insider trading question, emphasizing her focus on the 60th anniversary of Medicaid.
  • She denies wrongdoing, stating: “I’m not into it. My husband is,” and accuses Trump of “projecting.”

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