Trump Accuses Pelosis of Beating Hedge Funds with Inside Information

Generated by AI AgentCoin World
Sunday, Aug 10, 2025 2:21 am ET2min read
Aime RobotAime Summary

- Trump accused Pelosis of using inside info to outperform 2024 hedge funds, calling their $262M net worth "suspicious" despite no evidence.

- Hawley supported PELOSI Act to ban congressional stock trading, facing GOP pushback over practicality and targeting concerns.

- Trump criticized Hawley as a "pawn" for Democrats, while Senate Republicans split on ethics reforms and conflict-of-interest risks.

- Pelosi denied allegations, emphasizing she owns no stocks, as debate highlights tensions over financial transparency in politics.

Former U.S. President Donald Trump has accused former House Speaker Nancy Pelosi of outperforming Wall Street through the use of “inside information,” alleging that she and her husband, Paul, beat top hedge funds in 2024 by leveraging non-public data. In a recent post on his social media platform, Truth Social, Trump called the Pelosis “very average minds” who had managed to outsmart “thousands” of professional investors and hedge fund managers. He questioned why no investigation had been launched into their financial success, which he described as “disgraceful” and “suspicious” [1].

The claims were part of a broader attack from Trump, who has long criticized Pelosi for her political decisions and financial dealings. He also directed criticism at Senator Josh Hawley for supporting a bill known as the PELOSI Act, which seeks to ban members of Congress from trading individual stocks. The bill passed the Senate Homeland Security and Governmental Affairs Committee in an 8–7 vote, with Hawley aligning with Democrats. Trump accused Hawley of acting as a “pawn” for the Democratic Party and suggested that real Republicans would not want their president targeted over the “whims” of a “second-tier senator” [2].

The PELOSI Act, which received support from Hawley, would prohibit members of Congress from owning or trading individual stocks, though it includes a phase-in period that would not directly affect current President Trump or Vice President JD Vance. Despite the bill’s passage, Trump has remained critical of its intent, arguing that it is “great” for the Pelosis but “so bad” for the country. He has suggested the bill was crafted to benefit Pelosi, who he claims is “in absolute love with” the legislation [3].

During the committee hearing, Hawley faced pushback from fellow Republicans, including Senator Rick Scott, a close ally of Trump and the wealthiest member of the Senate. Scott argued that it was wrong to “attack people because they make money,” but agreed that Congress should not be trading stocks. However, he raised concerns about the practicality of the bill’s provisions, particularly regarding illiquid assets. Despite these concerns, Hawley managed to push the bill forward, though it faced opposition from committee chair Rand Paul [4].

Trump has continued to call for a formal investigation into Pelosi’s financial activities, suggesting she “became rich by having inside information” and “made a fortune with her husband.” He reiterated these claims in public remarks, where he stated he liked the idea of a trading ban “conceptually” but would need to review the details. According to Quiver Quantitative, Paul Pelosi has built an estimated net worth of $262 million over the decades as a venture capitalist. Critics, particularly Republicans, have raised concerns about potential conflicts of interest given Nancy Pelosi’s long tenure in Congress and her influence over policy decisions [5].

Hawley, in a separate appearance on Fox News, echoed Trump’s calls for accountability, stating that Pelosi “should not just be investigated, but prosecuted” and that it “needs to be illegal” to profit from trading on nonpublic information [6]. A spokesperson for Nancy Pelosi has denied the allegations, emphasizing that she does not own stocks and has no prior knowledge or involvement in her husband’s transactions. Pelosi has also supported a 2023–2024 initiative to ban congressional stock trading, arguing for greater transparency and ethical conduct among lawmakers.

The accusations reflect a broader debate over congressional ethics and the need for stricter financial disclosure rules. While no evidence of wrongdoing has been publicly released, the persistent allegations highlight the heightened scrutiny of political figures and the intersection of financial performance with political discourse.

Sources:

[1] https://coinmarketcap.com/community/articles/689837b1d3f2f1289a152f86/

[2] https://x.com/RoundtableSpace/status/1954350736902660118

[3] https://wccftech.com/nancy-pelosi-and-her-husbands-net-worth-eclipses-263-million-as-trump-wonders-how-these-two-very-average-minds-beat-all-of-the-super-geniuses-on-wall-street/

[4] https://www.breitbart.com/politics/2025/08/09/trump-accuses-pelosis-of-insider-trading-after-beating-every-hedge-fund-in-2024/

[6] https://www.aol.com/nancy-pelosi-investigated-trump-signals-192233694.html

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