U.S. President Donald Trump has said that former House Speaker Nancy Pelosi should be investigated over her stock market earnings, suggesting she profited from insider knowledge.
Speaking at a signing ceremony at the White House, President Donald Trump addressed current legislative efforts in the Senate to ban members of Congress from trading stocks and singled out Nancy Pelosi, a senior Democrat, for criticism.
"I think Nancy Pelosi should be investigated over this," Trump said.
"Except for a few people in Wall Street history, she practically made the highest returns. How does that happen? Because she knows exactly what’s going to happen."
The president accused Pelosi of profiting from non-public information.
"She made a fortune with her husband, and I think it’s disgraceful. Nancy Pelosi got rich through insider knowledge," he added.
Pelosi, who served as Speaker of the House until January 2023, is estimated to have a net worth of more than $250 million, placing her among the wealthiest members of Congress.
Accusations of insider trading have long shadowed U.S. lawmakers, prompting bipartisan efforts to tighten rules.
The Senate is currently considering legislation to bar Congress members from buying and selling individual stocks while in office. Pelosi has faced criticism in the past over her husband's trades, though she has denied any wrongdoing or use of confidential information.
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Tens of millions of people in urgent need of help won't be getting much assistance next year. That's according to the United Nations which launched a $23 billion aid appeal on Monday (8 December) which is half of last year's request, acknowledging a plunge in donor funding.
Emergency crews were deployed to the northeastern Ukrainian city of Okhtyrka on Monday morning after a residential high-rise was devastated by a Russian drone barrage, leaving several civilians wounded as the conflict approaches the end of its fourth year.
Nigerian authorities says they've rescued a 100 children after gunmen abducted 303 pupils and 12 teachers from a Catholic school in Papiri on 21 November.
Following a high-level meeting of the Communist Party leadership on Monday, state media confirmed that China will seek to insulate its economy from external volatility by turning inward, pledging to "keep expanding domestic demand" through a suite of "more proactive" policies.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 8th of December, covering the latest developments you need to know.
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