On Saturday, former President Donald Trump took to his social media platform, Truth Social, to launch a scathing attack on Nancy Pelosi, labeling her a "disgusting degenerate." Pelosi, a prominent figure in the Democratic Party and former Speaker of the House, was criticized by Trump over allegations concerning her financial dealings.
Trump accused Pelosi and her husband of outperforming all hedge funds in 2024, implying that they used insider information to achieve such remarkable results. "The corrupt Nancy Pelosi and her 'interesting' husband outdid everyone on Wall Street," Trump stated. "Is anyone investigating this? She subjected me to two impeachments for NO REASON, and LOST! How do you feel now, Nancy?"
The remarks refer to ongoing rumors that the Pelosi couple exploited privileged information to profit from stock market investments. According to a recent report by Bloomberg, the Pelosi investment portfolio had an estimated return of 54% in 2024, far surpassing the S&P 500's 25% gain and outperforming major investment funds.
Nancy Pelosi, in a recent interview with CNN, dismissed these accusations as ridiculous, asserting that she does not own stocks or engage in trading herself. She clarified that her husband, Paul Pelosi, manages their investments. Paul has been a target for the MAGA movement, particularly following an attack he suffered a few years ago.
The animosity between Trump and Pelosi has a long history. Back in 2021, Pelosi criticized Senate Republicans, calling them "cowards" for supporting Trump's acquittal in his second impeachment trial. She argued that their decision prioritized political survival over the protection of the Constitution, in the wake of the January 6 Capitol riots, which resulted in five deaths.
Questions on Trump and Pelosi's Ongoing Feud
What did Donald Trump accuse Nancy Pelosi of?
Donald Trump accused Nancy Pelosi and her husband of using insider information to achieve high returns in their investment portfolio, outperforming Wall Street hedge funds.
How did Nancy Pelosi respond to Trump's allegations?
Nancy Pelosi dismissed the allegations as ridiculous and stated that she does not own stocks or engage in trading, highlighting that her husband manages their investments.
What is the history of conflict between Trump and Pelosi?
The conflict dates back several years, including Pelosi's criticism of Senate Republicans for acquitting Trump in his second impeachment trial and their differences over the January 6 Capitol riots.