• Speaker of the House Nancy Pelosi’s husband, Paul Pelosi, exercised seven-figures worth of Alphabet stock call options days before House leadership unveiled a bill that would ban members of Congress and their spouses from trading individual stocks.
• The value of the stock purchase was between $1 million and $5 million, according to a certified congressional disclosure made by Nancy Pelosi on October 14. Members of Congress are only required to report the values of such trades in broad ranges.
• Paul Pelosi exercised the Alphabet call options, which he purchased in December 2021, on September 16 — the day they were set to expire. (Alphabet is the parent company of Google.)

Tagged: Capitol Hill