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AP Photo/Jacquelyn Martin Nancy Pelosi’s latest financial disclosures, revealed over the weekend, show that she purchased 25 Tesla call options with a $500 strike price and an expiration date of 3/12/2022 on December 22, 2020, paying between $500,000 and $1 million for the option. There were other purchases of AllianceBernstein Holdings, Apple, and Walt Disney on the disclosure, but the Tesla purchase is raising eyebrows, as Chris Katje of Yahoo! Finance noted, “as arguments could be made that the companies stand to benefit from new President Joe Biden’s agenda.” Why is this important...

Share: The ability of members of U.S. Congress to buy and sell stocks has been controversial over the years. One of its most prominent members made some purchases in December that could benefit from the new Biden administration. What Happened: It was revealed over the weekend that Speaker of the House and California Rep. Nancy Pelosi purchased 25 call options of Tesla Inc (NASDAQ: TSLA). The purchases could have been done by Pelosi or her husband Paul, who runs a venture capital firm. The options were bought at a stake price of $500 and expiration of March 18, 2022. Pelosi paid between ...

Sen. Richard Burr (R-N.C.) announced Tuesday that the Justice Department (DOJ) has closed its probe into stocks sold around ...

Cleaning up government can start on Capitol Hill With insider trading so tough to prove, members of Congress should be banned from trading stocks while in office. By The Editorial BoardUpdated December 28, 2020, 3:00 a.m. Email to a Friend US Senator David Perdue of Georgia, now running for reelection in a Georgia runoff, is reportedly the Senate’s most prolific stock trader, and has been investigated by the Justice Department for insider trading.bandres@ajc.com/Bob Andres The two Republican incumbents locked in heated runoff battles for Georgia’s two Senate seats — and control...