BREAKING: Karoline Leavitt SLAMS Nancy Pelosi for her insider trading, says Trump supports trading ban.
“The President has spoken to Senator Hawley, who called him, and the President took that call. As the President said in the Roosevelt Room yesterday, conceptually, he of course supports the idea of ensuring that members of Congress and United States Senators who are here for public service cannot enrich themselves.
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And 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. I mean, she is rightfully criticized because she makes, I think, $174,000 a year, yet she has a net worth of approximately $413 million.
In 2024, Nancy Pelosi’s stock portfolio—this was a fascinating statistic to me—grew 70% in one year. And her portfolio outperformed every single large hedge fund in that same year and even more than doubled the returns of Warren Buffett’s Berkshire Hathaway.
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So I think the President stands with the American people on this. He doesn’t want to see people like Nancy Pelosi enriching themselves off of public service and ripping off their constituents in the process.
As for the mechanics of the legislation and how it will move forward, the White House continues to be in discussions with our friends on Capitol Hill.”