Nancy Pelosi, a former House Speaker and current Representative from California, continues to face ongoing scrutiny for the stock trading activities primarily conducted by her husband, Paul Pelosi, a venture capitalist and investor.
Their portfolio, which reportedly achieved a 54% return in 2024—outpacing the S&P 500’s 25% gain—has drawn attention for its consistent market outperformance. Key trades include investments in tech giants like NVIDIA, Alphabet, Amazon, and smaller AI-focused companies like Tempus AI, with notable gains such as $4.7 million in a single day in 2025 from NVIDIA call options.
Critics, including President Donald Trump and some Republican lawmakers, have alleged that the Pelosis’ success stems from access to nonpublic information, though no definitive evidence of insider trading has been substantiated.
Pelosi has consistently denied involvement in her husband’s trades, stating she does not own stocks herself and has no prior knowledge of his transactions.
White House Press Secretary Karoline Leavitt Thursday referenced Pelosi’s stock trading during a press briefing, highlighting her wealth accumulation as a reason for renewed interest in banning congressional stock trading. Leavitt noted Pelosi’s $174,000 congressional salary contrasted with her estimated $413 million net worth, stating, “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.”
🚨 WHOAH! Karoline Leavitt obliterates Nancy Pelosi - "Her portfolio outperformed every single major hedge fund, doubled Warren Buffet's...Berkshire Hathaway!"
— TV News Now (@TVNewsNow) July 31, 2025
"She makes $174,000 per year and her net worth is $413 million!"
pic.twitter.com/TfHlzq43ih
President Trump Thursday accused Pelosi of profiting from “inside information” and calling her trading success “disgraceful.”
The White House’s focus appears to be less about direct concern over Pelosi’s specific trades and more about leveraging her high-profile case to push for broader policy changes. There is no indication of an active White House-led investigation into Pelosi’s trades.