Nancy Pelosi’s husband Paul Pelosi purchased 15,000 Bloom Energy shares and 200 call options on July 24 and July 28, with disclosed totals estimated between $3 million and $12 million per congressional filings. These transactions were made two days after Nancy Pelosi voted against a House bill aimed at imposing tighter restrictions on lawmakers’ stock trading. Bloom Energy reported record second-quarter results with revenue above $1 billion, causing the stock to surge 26.5% by July 30. The trades were publicly disclosed on August 21 under the 2012 STOCK Act, reigniting scrutiny over congressional stock trading practices.
Source: Read the original article
