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Pelosi Rebukes Trump’s Insider Trading Claims, Endorses Stock Trade Ban

Pelosi dismisses the allegations as baseless in endorsing legislation to bar officials from trading regulated securities.

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Nancy Pelosi talks to Jake Tapper on CNN.

Overview

  • President Trump intensified his call for an investigation after accusing Speaker Pelosi of profiting from nonpublic information to achieve one of Wall Street’s highest returns.
  • In a CNN interview cut short by a technical glitch, Pelosi rebuffed Jake Tapper’s questions and redirected the focus to Medicaid’s 60th anniversary.
  • Pelosi denounced the accusations as “ridiculous” and voiced support for stopping congressional stock trading to restore public confidence.
  • She officially endorsed the bipartisan HONEST Act, which would prohibit high-level federal officials from owning securities they oversee.
  • Trump remains firm in pressing for a comprehensive ban on government trading and urges Congress to enact stricter ethics reforms.