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Gilead Sciences produces remdesivir, an antiviral drug that has been used to treat COVID-19. Kelley Paul invested in Gilead Sciences on Feb. 26, 2020.

  Share Source: AP Photo/Julio Cortez Democrat congressman Tom Malinowski (D-NJ) is facing ethical grievances for failing to disclose stock trades, which is a violation of federal law. Two different nonpartisan ethics groups, the Foundation for Accountability and Civic Trust (FACT) and the Campaign Legal Center both called on the Office of Congressional Ethics to launch a probe into Malinowski, Business Insider reported. The congressman is said to have failed to disclose $671,000 in stock trades.  “When members of Congress trade individual stocks and fail to disclose those trades, they b...

U.S. House Speaker Nancy Pelosi came under criticism due to the contents of her financial disclosure in January 2021. Claims were issued that Pelosi purchased Tesla stocks a day before U.S. President Joe Biden announced his bid to shift the federal fleet to all-electric vehicles. There were multiple reports that Pelosi made a $1 million investment in the electric vehicle company prior to Biden's announcement, according to The Oregon Conservative report. The purchases could have been done by Pelosi or her husband Paul, who runs a venture capital firm. The House speaker was reported to paid bet...

The federal government has more than 645,000 cars in its fleet. “It’s corrupt and unacceptable for members of Congress, particularly the speaker, to trade stocks in companies affected by their votes in Congress,” said John Pudner, executive director of TakeBack.org, a conservative political reform organization focused on pay-to-play corruption. “Elected leaders from all political parties should live up to a standard of ethics that ordinary Americans see as vital to the country,” Mr. Pudner said Thursday. A recent financial disclosure report by Mrs. Pelosi showed the couple had made ...

Pelosi could cash in on Biden electric vehicle plan Print this article The latest financial disclosures of House Speaker Nancy Pelosi include a recent stock option buy that could result in a financial windfall for the California Democrat thanks to a Biden administration electric car executive order just issued. According to the disclosure, the California Democrat (or her husband, Paul, who heads up a venture capital firm) purchased 25 Tesla call options. The options were purchased at a stake price of $500 and expire March 18, 2022. The speaker bought between $500,000 and $1 million in option...