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Pelosi’s husband made huge Tesla buy prior to Biden’s electric vehicle announcement

Ethics watchdogs say the timing of large purchases of Tesla stock by House Speaker Nancy Pelosi’s husband Paul raises ethics concerns due to an appearance of insider trading.

Paul Pelosi reportedly purchased up to $1 million in stock from electric car giant Tesla last month. President Joe Biden, meanwhile, announced this week that his administration intends to take the entire federal fleet of automobiles electric.

The move by Pelosi was “corrupt and unacceptable,” TakeBack.org Executive Director John Pudner claimed in an interview with the Washington Times this week.

“Even if the actual charges are not provable beyond a reasonable doubt or trigger SEC action, the timing of trades with potential insider information always looks bad,” a former federal prosecutor told the publication.

A spokesman for the speaker said that “her husband, not the speaker, made the Tesla bets and the speaker’s political relationships were irrelevant,” the Times reported.

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10 thoughts on “Pelosi’s husband made huge Tesla buy prior to Biden’s electric vehicle announcement”

  1. No point in even wasting tax dollars on a facade of an investigation. We all already know what the outcome would be. They’re all in it together and protect each other by any means necessary. You don’t build a hundred million dollars of net worth on a 150k annual salary by playing by the rules in which you force everyone else to live by. It’s like me robbing a bank and then I get to have all my best friends be the jury. The worst part is they don’t even try to hide it anymore because they know there will be no consequences.

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