Fox Business Charles Payne Says Pelosi Stock Trade Timing ‘Would Make a Capitalist Blush’

Fox Business host Charles Payne said House Speaker Nancy Pelosi’s stock trade timing was “impeccable” and suggested that “maybe Nancy Pelosi knows something we do not know.” 

“Representative Pelosi just bought a total of 50 out of the money calls on Apple, 150 out of the money calls on Microsoft,” Payne said on the June 6 edition of his show, Making Money. “Now, the two transactions totaled anywhere between one and a little bit over two million dollars. One would say it’s the kind of bet that one would make, uh, if they were a greedy capitalist, right? You would actually make a capitalist blush, and then a professional poker player blush too. The timing is always so perfect when it comes down to Nancy Pelosi trades.” 

In a filing, Nancy Pelosi, Speaker of the House (D-CA), disclosed that she had made millions in money calls to Apple and Microsoft. The filing detailed her and her husband Paul Pelosi’s purchases during the month of May. According to Celebrity Net Worth, Paul Pelosi has a $120 million net worth. 

Payne continued: “Between her and her husband’s gas guzzling Porsche and of course that house with a carbon footprint of a football stadium right at kick off time, maybe she needs the extra bucks. Maybe that’s why she’s taking the extra risk. Unfortunately, many Americans are not able to follow her lead. Not many Americans have the same luxury that she has.” 

According to Unusual Whales, Nancy Pelosi was the second largest trader of stock options, with $12.75 Million in 2021. 

Payne explained that the people are angry at Congress’s apparent propensity to place huge bets in stocks with specific information. “People are upset about it. They do not like the idea of these folks in Washington, D.C. being able to make gargantuan bets like this, particularly when they have information the rest of us don’t have.” 

Payne displayed a graph on Microsoft and Apple’s share prices over the past few months and pointed to May, when Pelosi made her money calls. The stock prices of both companies shot up following the Speaker’s purchase, almost as if “Pelosi knows something we do not know or maybe runaway inflation has her nervous as well,” Payne said. 

Speaker Pelosi’s long-standing history of winning and betting against the house is proof that he has succeeded. Financial data aggregator Unusual Whales exposed Speaker Pelosi for beating SPY — a successful, exchange-traded fund — by a tremendous margin. 70 percent of Pelosi’s trades beat SPY as of late September 2021, Unusual Whales revealed. 

Pelosi once told an audience in London that “In America, capitalism is our system, it is our economic system, but it has not served our economy as well as it should,” according to Business Insider.   

Conservatives being attacked. Contact ABC News 818-460-7477, CBS News 212-975-3247 and NBC News 212- 664-6192 and demand they report on Pelosi’s “impeccable timing” on making trades in the stock market.