The Biden White House might be scrambling to defend failing policies, but the Trump team isn’t letting up on exposing corruption — especially when it comes to Democrat elites like former House Speaker Nancy Pelosi.
On July 31, during a fiery White House press briefing, Press Secretary Karoline Leavitt took aim at Pelosi, echoing and expanding on President Trump’s long-standing accusations that the California Democrat has used her political power to enrich herself and her family.
The allegations center on what many Americans see as blatant conflicts of interest — Pelosi’s access to sensitive, market-moving information as a member of Congress, combined with her husband’s lucrative and well-timed stock trades. Critics, including Trump, allege that Pelosi’s family fortune has ballooned precisely because of insider knowledge she would never have had as a private citizen.
Just a day earlier, Trump himself had called Pelosi’s financial track record “disgraceful,” pointing out that her returns have been so extraordinary they rival some of the most successful investors in Wall Street history. “Nancy Pelosi became rich by having inside information. She made a fortune with her husband… I think Nancy Pelosi should be investigated because she has the highest return of anybody practically in the history of Wall Street, save a few,” Trump said.
Leavitt built on that message, tying Pelosi’s financial success directly to the push for the PELOSI Act — legislation aimed at banning members of Congress from trading individual stocks altogether. “The reason that this idea to put a ban on stock trading for members of Congress is even a thing is because of Nancy Pelosi,” Leavitt said flatly.
She then highlighted just how vast Pelosi’s fortune has become, noting the glaring mismatch between her congressional salary and her net worth. “She makes \$174,000 a year. Yet she has a net worth of approximately \$413 million. In 2024, Nancy Pelosi’s stock portfolio grew 70% in one year,” Leavitt said, calling the numbers “fascinating” — and alarming.
According to Leavitt, this isn’t just about numbers on a spreadsheet. It’s about public trust and the integrity of government. “The president stands with the American people on this. He doesn’t want to see people like Nancy Pelosi enriching themselves off of public service and ripping off their constituents in the process,” she declared.
Pelosi, as expected, bristled at the accusations. In an interview with CNN’s Jake Tapper the same day, she dismissed Trump’s remarks as “ridiculous,” insisting she supports a ban on congressional stock trading — but only for the sake of “public confidence,” not because she believes wrongdoing is widespread. Pelosi also tried to deflect responsibility by claiming her husband handles all the family’s investments. “I’m not into it. My husband is,” she said, denying any link to insider trading.
But for many Americans — especially those frustrated with a political class that gets richer while the middle class struggles — Pelosi’s explanation rings hollow. The timing of her family’s trades, the size of her gains, and her position of power have created a cloud of suspicion that simply won’t blow away.
And with Trump and his team keeping the pressure on, it’s clear that this issue isn’t going away anytime soon. For the MAGA movement, Pelosi has become the perfect symbol of why Washington’s culture of self-enrichment needs to end — and why real reform is long overdue.
