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Nancy Pelosi has become very wealthy since entering Congress in 1987. She is one of the richest Congresspeople with a net worth of around $135 million so you can see why she initially opposed a trading ban for her peers in 2021.
If she had gone to DC to fight for fair wages, universal healthcare, peace, and ecological sustainability she wouldn’t still be there today. She got where she is by stopping progress at the behest of her rich pals. Congress gets to do insider trading as a treat from their masters for good behavior.
The journalist’s question in this video references a $5 million dollar stock purchase from Pelosi’s husband in a computer chip company just before a vote in the House to subsidize microchip manufacturing in the US.
