Pelosi faces renewed criticism over stock trading

House Speaker Nancy Pelosi (D-CA) faced scrutiny this past July when Fox News reported that her husband sold shares in a semiconductor company just as Congress was set to pass a bill aimed at bolstering the computer chip industry.

The incident riled Pelosi’s critics, who say it’s an example of the speaker using her office for personal gain. Among them is former President Donald Trump, who says it’s just one more reason why she needs to go.

Trump: “Look at her stocks”

According to The Hill, Trump raised the issue on Sunday while speaking at a rally for Arizona Republican gubernatorial candidate Kari Lake.

“Look at her stocks. I mean, she did better than Warren Buffett. I don’t know about her husband. I don’t know who the hell’s running that deal,” the website quoted Trump as saying.

“And now she doesn’t want to change it, where they’re allowed to get inside information,” he continued, adding, “We’re going to end the crazy Nancy Pelosi’s political career once and for all. She is crazy.”

Trump is not the only Republican to take note of Pelosi’s stock market success, as The Hill reported that House Minority Leader Kevin McCarthy did so as well after the news of her husband’s semiconductor trade broke.

“I think we have to do a thorough investigation and look at what is the proper role for members of Congress and what influence they have, and I don’t think the proper way to do this is Nancy Pelosi writing the bill because we have proven that she can’t do that,” he told reporters.

Even some Democrats losing patience

Nor is it just members of the GOP who have taken issue with Pelosi’s handling of the issue, as even some within her own party are frustrated.

The Hill cited a statement from Virginia Rep. Abigail Spanberger in which she lashed out at the House speaker for failing to push for new limits before this year’s midterm elections.

“This moment marks a failure of House leadership — and it’s yet another example of why I believe that the Democratic Party needs new leaders in the halls of Capitol Hill, as I have long made known,” Spanberger  complained.

For his part, Pelosi spokesperson Drew Hammill told The Hill that the speaker’s husband had purchased the stock a year prior to selling it.

“As always, he does not discuss these matters with the Speaker until trades have been made and required disclosures must be prepared and filed,” he said.