Paul Pelosi Sold All Of His NVIDIA Stock One Day Before Congress Set To Pass ‘’SHIPS-Plus’’ Bill!

Pelosi’s husband, Paul Pelosi, sold all of his NVIDIA stock one day before Congress was set to vote on a bill that would boost domestic production of semiconductors.

Paul bought up to $5 Million in stock options in a computer-chip company.

Join The True Defender Telegram Chanel Here:

Insider covered this story:

Speaker of the House Nancy Pelosi husband, Paul Pelosi, has sold all of his stock in NVIDIA on Tuesday as Congress is set to pass the “CHIPS-plus” bill.

Paul Pelosi sold between $1 million and $5 million worth of NVIDIA stock, or 25,000 shares, at an average price of $165.05 on July 26, according to a mandatory congressional financial disclosure filed Tuesday by the speaker. Members of Congress are only required to report the values of their trades in broad ranges.

The disclosure states that by selling the shares, Paul Pelosi suffered a “total loss of $341,365.”

This disclosure of a financial loss is notable because Nancy Pelosi, a Democrat from California, rarely volunteers such detailed information about her husband’s stock and stock option trades.

Nancy Pelosi denied the fact that her husband has made a stock purchase or sale based on the data he got from her.

“Has your husband ever made a stock purchase or sale based on info received from you?” a reporter asked Pelosi.

“No! Absolutely not, okay, thank you,” Pelosi said.

Watch this.

Reporter: “Has your husband ever made a stock purchase or sale based on info received from you?”

Pelosi: “No, absolutely not.”

The Pelosi’s recently bought shares in Nvidia, $NVDA, worth millions.

Nancy Pelosi backs the CHIPS Plus bill, a $52B semiconductor bill.

— unusual_whales (@unusual_whales) July 21, 2022

The Senate on Wednesday passed the CHIPS=plus bull, which boosts domestic production of semiconductors.

“The package includes more than $52 billion for U.S. companies producing computer chips, as well as a tax credit for investment in chip manufacturing. It also provides funding to spur the innovation and development of other U.S. technologies.” CNBC reported.

The Gateway Pundit CNBC Yahoo

Addison Wilson

A passionate teacher in English Language and Literature ready to give her best! Developing and implementing diverse curriculums covering a wide range of subjects. With my problem-solving skills, every job will be easily completed, so punctuation is my strength. Highly skilled at motivating students through positive encouragement and reinforcement of concepts via interactive classroom instruction and observation. My working style fits every personality type, so it makes me a great team player. I have completed numerous journalistic projects successfully, so digging for further information is my field. Fighter for freedom of speech! The truth must be revealed!

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Back to top button

This will close in 0 seconds

Adblock Detected

For continue reading on the site please disable the Ad-block