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Meet The 9 Lawmakers Who Out-Traded Nancy Pelosi In The Stock Market Last Year

Former House Speaker Nancy Pelosi outperformed the S&P 500 index by more than 280% in 2024, but still fell behind nine of her colleagues.

Pelosi’s portfolio’s 70.9% gain from Dec. 29, 2023 to Dec. 30, 2024 was nearly three times the S&P 500’s 24.9% return, but it was also compared to Republican North Carolina Rep. David Rouzer and Democratic The return was significantly lower than that of Florida Congresswoman Debbie Wasserman. Mr. Schultz achieved returns of 149% and 142.3% — at the top of the list for members of Congress. According to financial data platform Unusual Whales, the portfolios of Democratic Oregon Sen. Ron Wyden, Republican Texas Rep. Roger Williams, and Democratic Rep. Morgan McGarvey will also increase by 123.8% and 111.2%, respectively, in 2024. , recorded a double-digit increase of 105.8%. 2024 Congressional Transactions Report. (Related: Nancy Pelosi, husband sells Google stock a month before Justice Department announces antitrust lawsuit)

Pelosi’s annual profits were also up 98.6% and 95.2% for Republican Reps. Larry Buchhon (Indiana) and Pete Sessions (Texas), as well as Republican Sen. Susan Collins of Maine, whose portfolio is in the portfolio. It didn’t even come close to Rep. David Kustoff, a Republican in the Tennessee House of Representatives. According to transaction data, they increased by 77.5% and 71.5%, respectively.

TAMPA, FL – August 28: Republican North Carolina Congressman David Rouzer had the highest stock portfolio return of any U.S. Congressman in 2024. (Photo by Mark Wilson/Getty Images)

Pelosi’s 2024 return was more than double the 27.1% annual return of legendary investor Warren Buffett’s Berkshire Hathaway. It also beat her 65.5% increase. 2023.

Includes Pelosi’s 2024 holdings Call options According to Unusual Whales, chipmaker Nvidia had financial agreements in place that gave buyers the right to buy assets at predetermined prices, potentially allowing him to earn a profit of nearly 170%. It is said that there is a sex.

The longtime lawmaker has faced backlash over his investments in the past, with Republican Missouri Sen. Josh Hawley’s plan to ban lawmakers from trading in stocks in January 2023. Introduced the Prevention of Investment Ownership (PELOSI) Act.

“For too long, politicians in Washington have exploited the economic system they set the rules to benefit themselves at the expense of the American people,” Hawley said. said said in a January 2023 statement announcing the bill. “As members of Congress, both senators and congressmen, are tasked with overseeing the companies in which they invest, yet they constantly buy and sell stocks, outperforming the market time and time again.”

Pelosi’s husband, Paul, is an investment banker. manage her portfolio.

A spokesperson for Speaker Pelosi’s office told the Daily Caller News Foundation that “Speaker Pelosi does not own any stock and has no prior knowledge of or subsequent involvement in any transactions.”

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