Pelosi Stock Portfolio Explodes in Value

Are members of Congress using information they learn about in their respective committees to make money in the market? 

If we look at their accounts, including the account of Paul Pelosi, the husband of Rep. Nancy Pelosi (D-CA), the answer seems pretty clear.  

Pelosi Account Explodes 

Yes, I know that Nancy Pelosi does not directly trade stocks, but if you expect me to believe she is not running home with information for Paul to use, you are out of your mind.  

All throughout COVID and the green movement, Paul Pelosi has guessed right time and time again. Yes, he has lost money in some trades, but that was more or less because the final outcome was in question, so he took the safe play to minimize his losses.  

Over the last year, Pelosi’s stock portfolio was +70.9%, with the S&P 500 performing at 24.9%, which is just utterly ridiculous.  

This was actually better than the 2023 return, which was 65.5% compared to the S&P’s 24.8%.  

She is Not Alone 

Pelosi’s investment record over the last decade is absurd, and the more than 70% return is almost unbelievable, but it was far from the best we saw in Congress.  

For instance, Rep. David Rouzer (R-N.C.) had a 149% return and Rep. Debbie Wasserman Schultz had a 142.3% return.  

Senator Ron Wyden (D-OR) (123.8), Rep. Roger Williams (R-TX) (112.2), and Rep. Morgan McGarvey (105.8) all notably had better years than Pelosi. So do we really think that members of Congress are just better than this than the best investment minds in the business? 

Go look up the net worth of elected officials before they take their seats, then check it within their first five years. Then go in and look at their stocks compared to their committee assignments and tell me you think this is on the up and up.  

Something Must Be Done 

There are people in Congress who want to stop this, such as Senator Josh Hawley (R-MO, who stated, “For too long, politicians in Washington have taken advantage of the economic system they write the rules for, turning profits for themselves at the expense of the American people. 

“As members of Congress, both Senators and Representatives are tasked with providing oversight of the same companies they invest in, yet they continually buy and sell stocks, outperforming the market time and again.” 

When our Founding Fathers founded this country, do you know what members of Congress made? They earned $6 per day when they were in Congress, and they were paid $6 for every 20 miles they had to travel to be in session. That would amount to about $150 today.  

The reason was that Congress was not a career, not their main livelihood. They were all members of their community. They owned farms, bars, and restaurants, and they were there to truly represent their constituents. Today, Congress is about getting rich on stocks, creating podcasts, writing books, and making money on social media. If you think these people are there to represent We the People, you are sadly mistaken.