It was reported earlier today that former President Donald Trump waded into the debate over whether members of Congress ought to be allowed to trade stocks, making clear that he doesn’t think it’s a great idea, putting him at odds with California Democratic House Speaker Nancy Pelosi. In recent weeks, Pelosi — whose husband, Paul, is a prolific stock trader, the couple being worth around $114 million — herself has defended stock trades by members of Congress as a means of engaging in capitalism, which is ironic given that members of her own party have vehemently criticized the economic principle in favor of distinctly socialist or even Marxist economic principles.
But following her public remarks regarding members of Congress trading in stocks, both Democratic and Republican lawmakers have moved to ban the practice, citing concerns among Americans that they illegally use insider information to their advantage.
Now, Trump has weighed in on the issue, saying he doesn’t believe it should be allowed, either, accusing her of doing the same thing.
“She has inside information. It’s not right. It’s not appropriate. It shouldn’t be,” Trump told Breitbart News. “She doesn’t want to discuss that. She wants to discuss other things that shouldn’t be discussed.
“Some of the things that they’re proposing now, like impeaching someone for absolutely no reason for a perfect phone call. You look at that. You look at impeachment—both of them. But you get impeached for a phone call that was like perfecto. So many different things,” he continued.
“I happen to watch her and see her and dealt with her a lot and I think she’s clever in one way and stone-cold crazy. She should not be allowed to do that with the stocks. She should not be allowed to do that. It’s not fair to the rest of this country,” the billionaire real estate mogul added.
Following Pelosi’s public comments about how lawmakers, like other Americans, should be able to participate in “capitalism” by trading stocks, a bipartisan effort was launched to ban the practice for serving members of Congress.
Your publication is great, but has sensationalized ads that honestly discredit it.