Paul Pelosi’s questionable Wall Street windfall spurs bipartisan calls for stock trading ban | The Hill

Now more eyes are turning to Paul Pelosi, the House speaker’s husband. From a trading perspective, he’s like the real-life version of Gordon Gekko from the 1987 Oliver Stone classic “Wall Street.” His portfolio has substantially outperformed the S&P 500. In 2020 alone, a year when the stock market was as turbulent as in any year in recent memory thanks to COVID-19 shutdowns, Paul outperformed the S&P 500 by 14.3 percent, according to Hawley’s office. And per a New York Post analysis, the Pelosis have made approximately $30 million from trades involving Big Tech companies the House speaker is responsible for regulating.

In fact, Paul is so good that there’s an app that allows the public to follow his stock trades. And for good reason: The Pelosi’s reported net worth is more than $114 million, according to OpenSecrets.org. Per a Business Insider report, “a vast majority of the couple’s wealth is derived from stocks, options, and investments made by Paul Pelosi.”

Source: Paul Pelosi’s questionable Wall Street windfall spurs bipartisan calls for stock trading ban | The Hill