Investment analyst: Nancy Pelosi lost more than $7 million in just three days
Critics have complained that President Donald Trump's recent use of import tariffs has caused a sharp downturn in the stock market.
Among those particularly hard hit is former Speaker of the House Nancy Pelosi, who reportedly lost more than $7 million over a three-day period.
Former House speaker's portfolio has shrunk by $23 million since January
That's according to the Daily Mail, which cited data provided by the investment analysis firm Quiver Quantitative in an article published on this past Friday.
Quiver uses congressional asset filings to track the investment decisions made by politicians, and it found a sharp decline in Pelosi's holdings.
Nancy Pelosi loses eye-popping millions in just three days thanks to Trump's tariffs https://t.co/LuxgI5wblq
— Daily Mail Online (@MailOnline) April 4, 2025
"Nancy Pelosi’s net worth has fallen by approximately $7M since Tuesday, per our estimates," Quiver co-founder Chris Kardatzke was quoted as telling the Daily Mail.
What's more, the analyst went on to stress that the former House speaker's total investments have "now fallen by approximately $23 million since the start of the year."
Pelosi dropped to third place among wealthiest people on Capitol Hill
"Per our live portfolio estimates, Apple is currently Pelosi’s largest stock holding," Kardatzke explained before adding, "It’s down 95 today, with the new tariffs threatening its supply chains."
By Quiver's estimate, Pelosi has dropped to third place among wealthy figures on Capitol Hill, falling behind Florida Republican Sen. Rick Scott and Florida Republican Rep. Vern Buchanan.
However, the longtime San Francisco Democrat still ranks above Virginia Democrat Sen. Mark Warner and California Republican Darrell Issa, who respectively hold fourth and fifth place spots.
Pelosi's success in the stock market has led to allegations that she has improperly used her office for personal gain and even inspired legislation from opponents.
Proposal to ban stock trading by lawmakers named after Pelosi
One example of that is the Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, which was introduced by Missouri Republican Sen. Josh Hawley in 2023.
Under its provisions, lawmakers as well as their spouses would be compelled to divest any holdings or put them in a blind trust within six months of entering office.
"Members of Congress and their spouses shouldn’t be using their position to get rich on the stock market - today I’m introducing legislation to BAN stock trading [and} ownership by members of Congress," Fox News quoted Hawley as saying in a social media post.