House Speaker Nancy Pelosi's husband, Paul Pelosi, purchased up to $2.1 million in Apple and Microsoft stock options in May, according to new personal financial disclosures filed with Congress.
Paul Pelosi purchased between $750,000 and $1.5 million worth of Apple stock options between May 13 and May 23, and between $300,000 and $600,000 worth of Microsoft stock options on May 24, the filings indicate.
Paul Pelosi's stock option trades come in the midst of a roiling debate on Capitol Hill over whether lawmakers and their spouses should be allowed to trade stocks at all.
Nancy Pelosi, 82, has found herself at the center of this legislative melee, having initially rejected the idea before relenting earlier this year and allowing a group of bipartisan lawmakers to craft bills and conduct a public hearing.
Insider's "Conflicted Congress" project and other news outlets have since last year identified 63 members of Congress who have violated the Stop Trading on Congressional Knowledge Act of 2012 — a law designed to defend against conflicts of interest and curb insider trading. At least 182 senior congressional staffers have violated the STOCK Act's disclosure provisions, as well.
Insider also found numerous examples of conflicts of interest among federal lawmakers — both Democrats and Republicans. Polling shows most voters support a congressional stock trading ban.
Nancy Pelosi doesn't personally trade stocks. But Paul Pelosi, an investor and venture capitalist by trade, has made tens of millions of dollars worth of stock and stock option trades in recent months. Nancy Pelosi is rated the 14th richest member of Congress.
Nancy Pelosi's office did not immediately respond to a request for comment on her husband's latest purchases.
Pelosi spokesperson Drew Hammill previously told Insider: "As you can see from the required disclosures, with which the speaker fully cooperates, these transactions are marked 'SP' for spouse. The speaker has no prior knowledge or subsequent involvement in any transactions."
Paul Pelosi purchased between $750,000 and $1.5 million worth of Apple stock options between May 13 and May 23, and between $300,000 and $600,000 worth of Microsoft stock options on May 24, the filings indicate.
Paul Pelosi's stock option trades come in the midst of a roiling debate on Capitol Hill over whether lawmakers and their spouses should be allowed to trade stocks at all.
Nancy Pelosi, 82, has found herself at the center of this legislative melee, having initially rejected the idea before relenting earlier this year and allowing a group of bipartisan lawmakers to craft bills and conduct a public hearing.
Insider's "Conflicted Congress" project and other news outlets have since last year identified 63 members of Congress who have violated the Stop Trading on Congressional Knowledge Act of 2012 — a law designed to defend against conflicts of interest and curb insider trading. At least 182 senior congressional staffers have violated the STOCK Act's disclosure provisions, as well.
Insider also found numerous examples of conflicts of interest among federal lawmakers — both Democrats and Republicans. Polling shows most voters support a congressional stock trading ban.
Nancy Pelosi doesn't personally trade stocks. But Paul Pelosi, an investor and venture capitalist by trade, has made tens of millions of dollars worth of stock and stock option trades in recent months. Nancy Pelosi is rated the 14th richest member of Congress.
Nancy Pelosi's office did not immediately respond to a request for comment on her husband's latest purchases.
Pelosi spokesperson Drew Hammill previously told Insider: "As you can see from the required disclosures, with which the speaker fully cooperates, these transactions are marked 'SP' for spouse. The speaker has no prior knowledge or subsequent involvement in any transactions."