Donald Trump just took direct aim at one of his favorite political foils — and this time, he’s calling for an investigation.
Speaking at a White House press conference on Wednesday, Trump blasted former House Speaker Nancy Pelosi over her stock market windfalls, accusing her of using “inside information” to enrich herself and her venture capitalist husband, Paul Pelosi.
“You know, Nancy Pelosi became rich by having inside information. She made a fortune with her husband, and I think that’s disgraceful,” Trump said. “And what I do think is Nancy Pelosi should be investigated, because she has the highest return of anybody practically in the history of Wall Street, save a few. And how did that happen? She knows exactly what’s gonna happen, what’s gonna be announced, she buys stock, and then the stock goes up after the announcement’s made. And she ought to be investigated.”
Pelosi fired back on CNN, dismissing the allegations as “ridiculous.” She claimed she supports legislation to ban stock trading by members of Congress — but insisted she personally had “no concern” about the Pelosi family’s portfolio. “I’m not into it, my husband is, but it isn’t anything to do with anything insider,” she said.
.@POTUS: “Nancy Pelosi became rich by having inside [trading] information. She made a fortune with her husband — and I think that’s disgraceful … She ought to be investigated.” pic.twitter.com/N8ydC2jGhF
— Rapid Response 47 (@RapidResponse47) July 30, 2025
Trump’s comments come as Sen. Josh Hawley (R-MO) pushes legislation to ban members of Congress — as well as the president and vice president — from trading stocks. Trump said he “conceptually” supports Hawley’s bill but later blasted the Missouri senator for voting with Democrats to advance the legislation out of committee. Trump claimed Hawley “blocked a Review, sponsored by Senator Rick Scott, and with the support of almost all other Republicans, of Nancy Pelosi’s Stock Trading over the last 25 years.”
Hawley’s bill does include a carve-out for Trump, allowing him to avoid divesting his holdings for the remainder of his term. Asked about that, Hawley was blunt: “Listen, I want the President to sign the bill, so I’m happy to do whatever it would take to get him to say, ‘Yes, this is good.’”
Pelosi, for her part, said she fully supports the legislation, arguing that Congress needs “strong transparency, robust accountability and tough enforcement for financial conduct in office.”
The bill now heads to the full Senate, where Republicans hold a 53-seat majority. But Trump’s renewed focus on Pelosi — coupled with the public scrutiny over congressional trading — could put fresh pressure on lawmakers to act.
