Saturday, May 24, 2025
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Tech

Nancy Pelosi buys call options for Google, Disney stocks

admin by admin
December 31, 2021
in Tech
0
Nancy Pelosi buys call options for Google, Disney stocks
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Congress is in recess for the vacations — however Nancy Pelosi has saved busy enjoying the market.

The Democratic majority chief and her husband, Paul Pelosi, just lately purchased hundreds of thousands of {dollars} value of name choices for shares together with Google, Salesforce, Roblox and Disney, monetary disclosures published Thursday show. 

The purchases occurred from Dec. 17 to Dec. 21 — simply days after Pelosi insisted in a press conference that members of Congress needs to be allowed to commerce particular person shares regardless of usually being aware of insider data that may transfer markets. 

“We’re a free-market financial system,” Pelosi instructed reporters, including that members of Congress “ought to be capable to take part in that.” 

Nancy and Paul Pelosi
Nancy and Paul Pelosi routinely commerce hundreds of thousands of {dollars} in tech shares.
REUTERS

The Pelosi household’s trades this month embody Google and Salesforce name choices value between $500,000 and $1 million every, in addition to Roblox name choices valued at between $100,000 and $250,000. The duo additionally purchased up between $250,000 and $500,000 in requires chipmaker Micron Know-how and between $100,000 and $250,000 of Disney name choices in disclosures that have been earlier reported by Congresstrading.com.

Paul Pelosi runs Monetary Leasing Providers, an actual property and enterprise capital funding and consulting agency. Lately he’s made big-money bets on firms his spouse is meant to control, together with Amazon, Apple and Google.

Roblox
The Pelosis purchased Roblox name choices valued at between $100,000 and $250,000.
Pavlo Gonchar / SOPA Photographs/Sipa

December’s calls — that are set to run out in late 2022 and early 2023 — present that the Pelosis imagine tech shares are going to proceed their present bull run within the new 12 months, in accordance with Thomas Hayes of Nice Hill Capital.

“They’re making an attempt to trip the momentum,” Hayes instructed The Submit. “The Pelosis stay in San Francisco — they’re round numerous hype so I’d see how they’re caught up within the euphoria.”

Some DC insiders have speculated that Pelosi is slow-walking bipartisan legislation that would hurt big tech firms. 

Critics on each the left and proper have argued that members of Congress needs to be banned from buying and selling particular person shares and as an alternative solely be allowed to spend money on broader funds.

Progressives together with Rep. Alexandria Ocasio-Cortez of New York and Sen. Elizabeth Warren of Massachusetts have slammed members of Congress buying and selling shares as “brazen” and “ludicrous,” whereas Republican Arizona Senate candidate Blake Masters just lately nicknamed Pelosi “Naughty Nancy” and referred to as for a ban on all inventory buying and selling by members of Congress. 

Beneath a legislation referred to as the STOCK Act handed in 2012, members of Congress are required to reveal trades. However 52 members of Congress together with Democratic Senators Diane Feinstein of California and Mark Kelly of Arizona, in addition to Republican Senators Rand Paul of Kentucky and Roger Marshall of Kansas have all violated the legislation lately, Insider reported. 

Pelosi’s workplace didn’t instantly reply to a request for remark. 



Source link

Tags: buysCallDisneyGoogleNancyoptionsPelosistocks
admin

admin

Related Posts

Microsoft AI screenshots everything you do on your computer — and privacy experts are concerned
Tech

Microsoft AI screenshots everything you do on your computer — and privacy experts are concerned

June 1, 2024
TikTok building US-based copy of algorithm amid potential sale, ban: report
Tech

TikTok building US-based copy of algorithm amid potential sale, ban: report

May 31, 2024
Shares of Truth Social owner Trump Media tumble after ex-president found guilty in NYC
Tech

Shares of Truth Social owner Trump Media tumble after ex-president found guilty in NYC

May 31, 2024
Next Post
Former Miss Mississippi Kathy Manning dead after COVID battle

Former Miss Mississippi Kathy Manning dead after COVID battle

Kenny Golladay still searching for first Giants touchdown

Kenny Golladay still searching for first Giants touchdown

Biden’s false assurance, Kamala’s cluelessness and more

Biden's false assurance, Kamala's cluelessness and more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

James Corden finally admits he was ‘rude’ at Balthazar

James Corden finally admits he was ‘rude’ at Balthazar

3 years ago
Dalvin Cook offered ex-girlfriend $1 million to settle domestic violence claims

Dalvin Cook offered ex-girlfriend $1 million to settle domestic violence claims

2 years ago
Distanced US workers could be on sidelines indefinitely

Distanced US workers could be on sidelines indefinitely

3 years ago
Lawsuit reveals vast censorship scheme by Big Tech and the federal government

Lawsuit reveals vast censorship scheme by Big Tech and the federal government

3 years ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill cancer Case CBS CEO City Court COVID Day dead deal Elon game George Gov Health Hochul home House Joe Judge man Mayor Musk NYC Office Report school star State time trial Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

Woman loves how her ‘Ozempic face’ looks

Teens from all over travel to NYC to find the prom dress of their dreams — for free

Gen Z women sure love the ‘monster’ shed beauty trend — despite expert warnings about possible ‘harm’

Viral ‘carrotmaxxing’ trend sparks ER visits

Barbie’s feet are getting flatter — here’s what that means for real-world fashion: study

Bride-to-be’s pal balks at $125K makeup quote

Trending

TikTok star Tinx on her favorite ‘Rich Mom energy’ Hamptons hot spots
Fashion

TikTok star Tinx on her favorite ‘Rich Mom energy’ Hamptons hot spots

by admin
May 24, 2025
0

Tinx (actual title: Christina Najjar) is a podcaster (“It’s Me, Tinx”), content creator, recommendation guru and...

Dermatologist reveals subtle signs that may indicate skin cancer

Dermatologist reveals subtle signs that may indicate skin cancer

May 23, 2025
Scientists issue urgent warning about certain sunscreens

Scientists issue urgent warning about certain sunscreens

May 23, 2025
Woman loves how her ‘Ozempic face’ looks

Woman loves how her ‘Ozempic face’ looks

May 23, 2025
Teens from all over travel to NYC to find the prom dress of their dreams — for free

Teens from all over travel to NYC to find the prom dress of their dreams — for free

May 22, 2025

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved