Pelosi made millions in Coronavirus insider trading

insider trading

Politicians on both sides of the aisle have been accused of insider trading–by profiting off their secret Coronavirus briefings before the stock market crashed.

But now, the most powerful Member of Congress–Speaker Nancy Pelosi (D-Calif.)–might be going down with them.

Recent reports show that, on January 17, Pelosi and her husband bought millions of dollars in Amazon stocks–soon after she began receiving briefings about the Coronavirus pandemic’s impact on the United States.

While the stock market has plunged since its Valentine’s Day record high, Amazon has climbed–as its shipping and delivery business face huge demand in an era where many Americans are staying home.

In just 10 weeks, the Pelosis have made nearly $2 million in profit on their new Amazon stocks, even as many Americans lose their life savings and retirement funds.

In addition to Pelosi, a host of other politicians have been accused of insider trading: Senators Dianne Feinstein (D-Calif.) Richard Burr (R-NC), and Kelly Loeffler (R-GA), as well as Rep. Susan Davis (D-Calif.)