Florida Governor Ron DeSantis criticizes Congress members for allegedly profiting from suspiciously timed stock trades, singling out Nancy Pelosi. DeSantis points out that lawmakers’ portfolios outperform top fund managers. DeSantis and his wife call for serving the people, not personal portfolios in Congress.
Pelosi and husband’s net worth rose to $413 million in 2024, with significant returns from their investment portfolio. Despite this, other Congress traders have higher returns, prompting calls for a ban. Pelosi supports the “HONEST Act” to ban Congressional stock trading, regardless of the name.
Read more at Yahoo Finance: Ron DeSantis Slams ‘Suspiciously-Timed’ Congressional Stock Trades, ‘Windfall Profits:’ Says Nancy Pelosi Outperforms The Best Hedge Funds