WH PRESS SECRETARY: “The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi… she makes $174,000 a year, yet she has a net worth of approximately $413M. In 2024, Nancy Pelosi’s stock portfolio… grew 70%—in one year.”
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In all fairness, her husband is rich, what does that have to do with her salary? Maybe with her access to information, but not her personal salary. Israeli MKs are not allowed to invest directly in the stock market, or even to direct their portfolio management through a third party. (That doesn’t stop some of them from becoming rich though…)