Nancy Pelosi heard two words that left her shaking like a leaf

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0,https://creativecommons.org/licenses/by-sa/2.0, via Wikimedia Commons

Nancy Pelosi is still one of the bigwigs in the Democrat Party.

But that doesn’t mean Pelosi is untouchable. 

And Nancy Pelosi heard two words that left her shaking like a leaf.

Jon Stewart calls out Nancy Pelosi for insider trading

Comedian Jon Stewart rarely punches Left.

Stewart became the most respected name in news for Democrats in the mid aughts when he used his position as host of the Daily Show to skewer conservatives on a nightly basis.

But Nancy Pelosi provided too inviting a target for Stewart to pass up.

During his once-a-week appearance on the current iteration of the Daily Show, Stewart played a clip of Pelosi telling reporters she opposes a bill banning Members of Congress from trading stocks.

“No, I don’t. No to the second one. This is a free market, and people — we’re a free market economy. They should be able to participate in that,” Pelosi stated.

Stewart thought that answer was ridiculous and referenced lifestyle influencer Martha Stewart who once went to prison for obstruction of justice over an insider trading scandal that in retrospect now seems ridiculous.

“Ah, free market. ‘Excuse me, Ms. Speaker, I don’t mean to interrupt. I’m Martha Stewart from the, ‘Why the F*** Did I Go to Jail Times-Picayune.’ Why the f*** did I go to jail?’” 

“But here’s the thing. In a free market, everyone has access to the same information. So unless you’re going to put all of us on the committees, I don’t get it,” Stewart began.

Congress’ lax rules on stock trading

Stewart ridiculed the idea that Members of Congress get away with trading stocks for companies they regulate because Congress polices itself.

“Now, you might be wondering to yourself, how does Congress get away with all this? Well, it may be because Congress is regulated by, let me check my notes, Congress!” Stewart added. 

“And it’s Congress that has refused to even hold a vote on the bills that have been proposed to ban Members of Congress from trading stocks. Because not letting Members of Congress insider trade would be un-American! Just listen to one of the biggest beneficiaries of this stock windfall,” Stewart continued.

Stewart then pointed to New Jersey Democrat Senator Bob Menendez who was indicted on bribery charges and snickered at the idea of Menedez taking bribes when he could have availed himself of the “legal corruption” in stock trading.

The explosion in Pelosi’s net worth

Nancy Pelosi served as Speaker of the House twice.

Once from 2007 to 2011.

Another from 2019 to 2023.

Both times her net worth exploded.

“Her estimated net worth skyrocketed at the onset of the Great Recession, going from $31.4 million in 2008 to $101.1 million in 2010, a 220 percent increase in a window where the S&P 500 decreased by 13 percent,” the Washington Free Beacon reported.

“The speaker also reaped a significant return during the COVID-19 pandemic, seeing her estimated net worth jump from $106 million in 2019 to $171.4 million in 2021, an increase of 60 percent,” the Free Beacon also reported.

Pelosi’s husband Paul also looked like the luckiest stock trader of all time as he cashed in on stocks just before Congress was set to vote on legislation providing taxpayer subsidies to chipmaker, Nvidia.

“Paul Pelosi on June 17 exercised options worth between $1 million and $5 million in Nvidia, a company involved in the semiconductor industry, according to congressional filings. Nvidia’s value has increased by about 11 percent since Pelosi purchased the stock, netting him and his wife up to half a million dollars in a month,” the Free Beacon also reports.

None of this is illegal.

But it’s so blatant that even a diehard liberal like Jon Stewart will call it out.