President Donald Trump unleashed a blistering attack on 85-year-old former House Speaker Nancy Pelosi, calling her a “disgusting degenerate” and said her husband Paul is using insider information to beat Wall Street’s top hedge funds in 2024.
“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024. In other words, these two very average ‘minds’ beat ALL of the Super Geniuses on Wall Street, thousands of them. It’s all INSIDE INFORMATION! Is anybody looking into this??? She is a disgusting degenerate, who Impeached me twice, on NO GROUNDS, and LOST! How are you feeling now, Nancy???” Trump posted on Truth Social Saturday night,.
For decades, the Pelosis have been suspected of insider trading. Paul Pelosi’s extraordinary 54% stock market returns in 2024 more than doubled the S&P 500’s 25% gain and outperformed professional money managers who spend billions on research.
Bloomberg data shows the California Democrat’s husband consistently made perfectly timed trades that generated massive profits.
Paul Pelosi’s most suspicious transaction involved Tempus AI, an artificial intelligence health firm. He bought shares in January at $31.83 each, then the company announced a $200 million deal with AstraZeneca that pushed the stock price to $60.87 per share, nearly doubling his investment.
Other extremely well-timed trades included NVIDIA, Palo Alto Networks, and energy company Vistra. Paul Pelosi also dumped $2.2 million in Microsoft stock just months before the Federal Trade Commission launched an antitrust probe of the tech giant. The Microsoft sale was one of his largest in three years.
The Pelosi family’s wealth has exploded from $370 million in 2023 to $413 million in 2024, according to financial disclosures. Quiver Quantitative estimates their stock portfolio alone at $133.7 million, including major stakes in Apple, Amazon, Google, and NVIDIA. Some estimates place Nancy Pelosi’s total net worth at $263.23 million, making her the fourth-richest member of Congress.
Pelosi’s trading success has become so legendary that investors created a “Pelosi Tracker” fund that automatically copies Paul Pelosi’s trades. This fund attracted over $400 million in assets and delivered the same 54% returns.
Pelosi spokesperson Ian Krager denied wrongdoing.
“Pelosi does not own any stocks and has no knowledge or subsequent involvement in any transactions,” he said. Pelosi herself dismissed Trump’s accusations as “ridiculous” during a CNN interview.
The California socialist now supports the HONEST Act, which would ban congressional stock trading. But Pelosi’s newfound support represents a complete flip-flop from 2021, when she opposed such restrictions by arguing “we’re a free-market economy.”
“The American people deserve confidence that their elected leaders are serving the public interest, not their personal portfolios,” Pelosi said.
However, it’s Pelosi’s husband, Paul, who makes the trades under his name — and he would likely avoid the ban.
The HONEST Act could come up for a Senate vote when Congress reconvenes next month. Pelosi has not announced whether she plans to run for reelection in 2026.