Timing of Paul Pelosi's chip stock purchase 'looks so bad': Rep. Burgess



Rep. Michael Burgess, R-Texas, says it was ‘almost impossible’ to support the CHIPS Act when Nancy Pelosi’s husband bought more than $1 million in Nvidia weeks before a congressional vote that would provide massive subsidies to the industry.

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

24 comments

  1. It is bad not just looks bad. They are blatantly profiting from insider.information at the expense of everyone else. It is corruption plain and simple and the Pelosi's aren't alone. If WE each take a close look at what they have made legal for their profit from their positions you will be disgusted especially when you pay higher taxes AND higher costs while more and more Americans don't pay taxes at all. Wake up speak up and take action in Nov America while you still can. Your country safety and freedom depend on it. My opinion

  2. 1. Either take MORE slices of the pie…(Increasing tax hikes)
    2. Or just GROW the pie! (Increasing the American economy)

  3. Fox i heard you were dropping trump and going with pence. that is the wrong thing to do your going to end up like CNN if you keep that sort of thin up.

  4. Maybe Biden should pay his taxes before he goes fishing for more money and if Biden wants to keep Pelosi from Taiwan then why not threaten to bust her hubby on insider trading?

  5. I think that's called insider trading if I'm not mistaking employeis taking a pillow seeing inner husband or guilty of it you're not gonna tell me she didn't say anything to husband that's a bunch of full malarkey

  6. Insider trading is legal for congressional family members. It's time that American citizens make great changes.

    Got to go Joe! VOTE!

  7. Pelosi's look so bad for chip stock purchase? Of course it looks bad, it's insider trading….but nothing will happen to them.

  8. It's time to vote for someone who makes a change. RED & BLUE abuse their power and cater to corporations and line their pockets.

  9. Mossad Agent Chuckie, threatened Manchin, Sign or Die.

  10. And his ev stock but wasn't questionable?

  11. Something else we are not allowed to talk about, according to Nancy.

  12. Let Mr know when law enforcement does its job. That would be news.

  13. 15 months ago a bipartisan group of congressmen and Senators, ranging from the far right to the far left, wrote to Biden asking him to pass the bill subsidizing chip manufacturing in the US. There has never been any doubt that it would become law. Paul Pelosi bought a call option less than two months ago. He did not act on inside information that the chip law would pass because everyone knew it would pass. And had known that since April 2021.

  14. Do do something as you are a rep.
    Rep

  15. HI MARIA & TEXAS CONGRESSMAN MICHAEL BURGESS, A/K/A THE RUFFIAN AT THE GARDEN PARTY, GREAT VIDEO AGAIN, THANKS! CONGRESSMAN BURGESS, I SEE FROM YOUR STATEMENTS & ACTIONS THAT YOU ARE A "DOER" & NOT JUST A "TALKER" & EVEN WHEN YOU HAVE TO STAND ALONE ON AN ISSUE YOU ALWAYS STAND YOUR GROUND FOR THE PEOPLE OF TEXAS AS WELL AS FOR THE REST OF US CITIZENS OF OUR BEAUTIFUL USA! I LIKE YOU, CONGRESSMAN MICHAEL BURGESS & THOUGH I CANNOT VOTE FOR YOU AT THIS TIME WITH YOU IN TEXAS & ME IN MASSACHUSETTS, BUT I WILL, SIR, REMEMBER YOUR NAME. TEXAS CONGRESSMAN BURGESS, THANK YOU FOR STANDING YOUR GROUND EVEN WHEN THE ODDS ARE AGAINST YOU. WE MUST ALL JUST TRUST IN GOD & DO WHAT IS RIGHT FOR THE USA & THE AMERICAN CITIZENRY ALWAYS BEFORE ANYONE ELSE OR ANY OTHER NATION. NO OTHER NATION OR IT'S PEOPLE SHOULD EVER BE CARED FOR OR RESCUED OR DEFENDED BEFORE OUR OWN & IT'S AMERICAN CITIZENRY! WE MUST MUST REBUILD OUR OWN NATION, CARE & PROVIDE FOR OUR OWN PEOPLE, ARM OUR OWN NATION TO SURVIVE IN THIS WORLD OF TODAY & WE NEED ELECTED OFFICIALS LIKE YOU WHO STAND FOR THE USA & HER CITIZENS FIRST & ALWAYS, THANK YOU, THANK YOU SO MUCH & REMEMBER TO ALWAYS STAY FROSTY & GOD BLESS!

  16. The American People are Slaves to the politicians who enrich themselves at our expense. Rules for the Slaves but not for the Masters. If any of us did what the Pelosi's did, we would be in jail!

  17. 187 communist traitor Republicans voted against the Chips act. Freaking idiots. This will make us competitive against China. The negative impact is that it makes corporations richer. But subsidizing these companies is essential. Of course they want to get things done that will help the American economy. Unfortunately there are my fellow Republicans that just want to make Dems look bad at the detriment of real citizens.

  18. All reps of our great republic are Traitors thru and thru

  19. China has someone in their pocket!

  20. Lying treason traders in our White House. 2 more years of this We're screwed.
    Pelosi & all these people elected don't pay thier fair share of taxes.. take thier money NOT ours

  21. HYPERINFLATION ACT!
    ARE THEY JOKING?
    I HOPE THE 81 MM WHO SHOWED ( OR NOT) TO VOTE IN 2020, HAVE DISAPPEARED BY NOW!