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Twitter users slammed Nancy Pelosi on Thursday after the Speaker of the House was confronted about whether she ever gave her husband knowledge he could use to make informed stock trading decisions.
Paul Pelosi made a $1 million-plus purchase of stock in a computer chip company just weeks before a possible vote in Congress that would hand out a massive subsidy to the industry.
Mr. Pelosi made a purchase of $1 million to $5 million in shares of Nvidia, a semiconductor company, according to a disclosure filing filed by Speaker Pelosi’s office. He exercised 200 call options, or 20,000 shares, the filing said. The revelation raised eyebrows after Reuters reported that the Senate could vote on a bill containing billions of dollars in subsidies within the semiconductor industry as early as Tuesday.
CNN, MSNBC, ABC, CBS and NBC failed to mention Paul Pelosi on air from the time it broke on July 15 until primetime Monday, according to a search of transcripts conducted by Fox News Digital.
STEVE HILTON SAYS BUYING PAUL PELOSI’S STOCK: ‘THIS IS SO ENDEMIC IN WASHINGTON’
House Speaker Nancy Pelosi, D-Calif., holds an event with Democratic women members of the House and advocates for reproductive freedom ahead of a vote on the Contraceptive Rights Act, at the Capitol in Washington, Wednesday, July 20, 2022.
(AP Photo/J. Scott Applewhite)
But Pelosi said her husband never made any stock purchases based on the information she gave him when asked by Fox News Digital.
“No, absolutely not,” Pelosi said, before leaving the podium.
A video of the interaction quickly sparked conversation online, with many Twitter users accusing Pelosi of lying and engaging in insider trading, a crime that could land someone up to 20 years in prison if convicted.
“No, it’s just an absolute coincidence that Pelosi’s husband bought stock in a semiconductor company that will give Nancy over $50 billion in tax dollars,” said Greg Price, a senior digital strategist at X Strategies. He then responded with a meme of Anchorman character Ron Burgundy saying “I don’t believe you.”
ELISE STEFANIK TAKES OFF HUSBAND’S COMPUTER SHORTS STOCK COMPUTER SHORTS: ‘FROM HIGH HEAVEN’
Speaker of the US House of Representatives Nancy Pelosi and husband Paul Pelosi.
(Photo by Samuel Corum/AFP via Getty Images))
Peter Tarr, a private fund manager, hit out at people who would choose to believe Pelosi’s denial and stated that he believed all politicians were “terrible”.
Comedian Tim Young reacted to Pelosi’s video by comparing it side-by-side with a famous Dave Chappelle skit about political corruption.
John Dennis, a Republican congressional candidate poised to face Pelosi in San Francisco, used the opportunity to promote his campaign and ask his followers if they trusted the House speaker.
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WASHINGTON, DC – JUNE 13: Speaker of the US House of Representatives Nancy Pelosi (D-CA) speaks to guests before US President Joe Biden signs a bill in the East Room of the White House June 13, 2022 in Washington, DC .
(Photo by Win McNamee/Getty Images)
The official Twitter account of Choice, a retirement app that offers users free bitcoins, also mocked the House speaker.
“Sheer guts. Imagine being married to someone and not knowing what they’re investing in or what policies they’re working on, Stop letting these people get away with LIES!”, tweeted YouTuber personality- it and Bitcoin consultant Wendy O.
Several others also criticized Pelosi for the interaction.
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Fox News’ Brian Flood contributed to this report.
