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Nancy and Paul Pelosi are a power couple, and it looks like they’re striking while the iron is hot! Reports have surfaced that they have been making a killing in stock trades, dealing in companies they have ties to. This seems to have caught the eye of the public, who are beginning to question the motive behind the couple’s seemingly lucrative investments.
Nancy and Paul Pelosi have been especially targeted for criticism due to Nancy’s role as Speaker of the House for the Democrats in the United States Congress. This means that she is in control of one chamber of the federal government. With that power comes responsibilities as well as expectations; as such, many are questioning if Nancy is engaging in any unethical practices while in office.
The most recent speculation is that the duo have been investing in companies they have connections to. When any elected official engages in these type of activities, there is a fear that those investments are being done not to generate the highest return on investment, but to generate a return for vested interests. Such an act is called crony capitalism.
On the other side, Nancy Pelosi and others have defended their actions, saying they are not doing anything wrong and that their investments are legal. Nancy and Paul have contended their investments have been managed by experts and have even gone as far to file financial disclosure forms to prove their investments have passed ethical muster.
Despite the claims of being above board and ethical, the story of Nancy and Paul Pelosi’s stock trades has still caught the attention of the media and the public. It is unclear what, if any, action will come out of this story. However, it is clear that investments come with risks, and when companies and special interests are tied to elected officials, the scrutiny should be especially thorough.
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