Pelosi Hubby Made Up To $5M, Cashed Goggle Stock Before New Law Unveiled
View Source | October 19, 2022 9:59 am
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- 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.)
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