Pelosi’s Husband Sells Nvidia Shares at Major Loss Ahead of House Vote on Chipmaker Subsidies

Pelosi’s Husband Sells Nvidia Shares at Major Loss Ahead of House Vote on Chipmaker Subsidies
Paul Pelosi and Nancy Pelosi attend the TIME 100 Gala 2019 Cocktails at Jazz at Lincoln Center in New York City on April 23, 2019. Jemal Countess/Getty Images for TIME
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A recent filing by House Speaker Nancy Pelosi (D-Calif.) shows that her financier husband Paul Pelosi offloaded nearly $5 million worth of graphics card giant Nvidia shares just days before House lawmakers are set to consider legislation that would provide billions in government subsidies for U.S. semiconductor production.

In a periodic transaction report signed on Tuesday, Pelosi disclosed (pdf) that her husband sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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