Pelosi's husband bought up to $11 million of Big Tech stocks as House moved on reform legislation

Pelosi's husband bought up to $11 million of Big Tech stocks as House moved on reform legislation


House Speaker Nancy Pelosi’s husband, Paul Pelosi, bought up to $11 million worth of Big Tech stocks in the last two months as an anti-tech package of bills makes its way through the House at the same time.

In May and June, Pelosi purchased $4.8 million worth of Google shares, up to $1 million worth of Amazon call options, up to $250,000 of Apple call options, and up to $5 million of call options for Nvidia, the large semiconductor, graphics, and electronics company, according to a financial disclosure form filed last week.

A call option is a financial contract that allows a buyer the right to purchase a stock or asset at a set price within a specific time period.

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The stock transactions were completed just weeks before the House Judiciary Committee passed six bipartisan antitrust bills aimed at reining in tech giants such as Apple, Amazon, Google, and Facebook.

APPLE APPS, GOOGLE SEARCH, AND AMAZON

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