Biden Trying to Hurt Pelosi With ‘Insider Trading’ Ban Says DNC’s Li: She’s ‘Notorious For That’
DNC finance committee member Lindy Li said Friday night that President Joe Biden came out in support of banning members of Congress from insider trading this week because he still has a “bone to pick” with former Democratic Speaker of the House Rep. Nancy Pelosi.
Pelosi was reportedly behind an effort to force Biden to drop his reelection bid in July. According to Li and others, the president and First Lady Jill Biden aren’t ready to let that go.
While members of the House and Senate are legally permitted to trade stocks, Biden told Faiz Shakir of More Perfect Union he chose to never own stock during his four decades in the Senate and why.
“I don’t know how you look your constituents in the eye and know because the job they gave you, gave you the inside track to make more money,” Biden said. “Nobody in the Congress should be able to make money while they’re in the Congress.”
Pelosi has amassed a massive fortune during her decades serving California in the House from the market. According to Investopedia, she is worth a reported $240 million, most of which came from “investing in lucrative tech stocks.”
On Friday’s edition of Fox News @ Night, host Kevin Corke asked a panel to discuss a Daily Mail report from Emily Goodin that claimed Jill Biden was feeling “vengeful” as her husband’s presidency entered its final days. The report further claimed she was urging him to “burn the whole thing down” before leaving office.
Corke asked Li to quickly respond to Goodin’s report. She replied:
She’s totally right, and we can see that happen when Joe forcibly came out and cited insider trading. It took him 50 years to get to that point, but you know why he did that? Because he still has a bone to pick with Rep. Nancy Pelosi. He’s still very angry that he got summarily pushed aside, and he’s finally saying that no one in Congress should be able to trade on the inside information, and you know who’s notorious for that? Nancy Pelosi.
Watch above via Fox News.