Paul Pelosi purchased 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, on June 17, the Daily Caller reported.
Senators are expected to convene as early as Tuesday to vote on a bipartisan competition bill to set aside $52 billion to boost domestic semiconductor manufacturing and give tax credits for production, Reuters“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation.
Both Democrats and Republicans have accused House Speaker Nancy Pelosi and her husband Paul of insider trading.The Senate is anticipated to vote on a bipartisan competition bill pumping $52 billion to domestic semiconductor manufacturers like Nvidia.Paul Pelosi also sold shares from Apple Inc. and Visa Inc., according to the Clerk of the House of Representatives.Paul Pelosi’s mugshot after being arrested for drunk driving in Napa County, California.
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