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John Ransom
John Ransom
John Ransom is a political and financial writer and editor whose work has appeared at Townhall.com, Newsmax, the Daily Caller and IBT. He splits his time between the US and Asia.

Just how did Nancy Pelosi build a $120mn fortune on a $223,000 annual salary?

The Queen of Investing?

John Ransom is a political and financial writer and editor whose work has appeared at Townhall.com, Newsmax, the Daily Caller and IBT. He splits his time between the US and Asia.

The Democrat House speaker has become the latest member of Congress to show the rest of us how to make money on Wall Street. But please don’t put it down to insider trading, because that’s illegal.

In case you missed it, Speaker Nancy Pelosi (D-California) is being panned by the Twitterverse, if not by regulators and ethicists, for a series of stock transactions conducted by her husband Paul.

“The week before the House Judiciary Committee voted on reigning in big tech,” reported Fortune in July, “Speaker Nancy Pelosi’s husband exercised a bullish bet on Google-parent Alphabet, in a timely transaction that netted him $5.3 million.”

 

How did Pelosi become so rich on her salary?

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Source:RT News

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