House Speaker Nancy Pelosi (D-Calif.) disclosed that her husband, Paul Pelosi, invested millions in Nvidia Corporation and sold large quantities of Visa and Apple stocks and call options in June.
The congresswoman reported three new stock and stock option trades made by her husband last month in a disclosure filed with the House of Representatives on July 14.
On that same date, her husband also sold 50 call options in Apple at a strike price of $100, with the transaction listed with a value of between $100,000 and $250,000.
Call options are a contract between a buyer and a seller to purchase a certain stock, bond, commodity, or other assets at a certain price up until a defined expiration date.
Her financier husband, who is estimated to be worth in excess of $100 million, also sold 10,000 shares of Visa worth between $1 million and $5 million on June 21, according to the filing.
Earlier last month, Pelosi disclosed that her husband had purchased options to buy shares of Apple Inc. and Microsoft Corp. worth upwards of $2 million.
Paul Pelosi owns and operates a San Francisco-based real estate and consulting firm.
Debate Stalls Over Trading In CongressThe stock disclosures come as Congress stalled its debate over whether lawmakers and their spouses should be allowed to buy, sell, and hold individual stocks.
However, the Democrat signaled in January that she might be willing to advance such legislation.
At the time of the analysis, her husband had holdings in a number of corporations including Tesla, Visa, Salesforce, PayPal, Alphabet, Facebook, Netflix, and more.
Meanwhile, Rep. Austin Scott (R-Ga.) was ranked the wealthiest, thanks to his vast holdings in stocks, bonds, and private-equity funds among others.
It also requires them to disclose stock transactions by themselves or family members no later than 45 days after such a transaction is made.
"Members of Congress are finally seeing that the public wants to know that they are not acting in their own personal interests when they make official decisions," Payne said.
Payne claimed that there have been over 50 occasions where lawmakers have failed to disclose their stock trades within 45 days in the past year.