U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million​​. As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual governmen
  • jmcs
    8·
    10 months ago

    Carter sold his family’s peanut farm.

    Legislators, members of governments and their households should either be forbidden from doing insider trading, with regular detailed audits to ensure it, or should be forced to use blind trusts for investments.

    • SheeEttin@programming.devEnglish
      1·
      10 months ago

      Minor nitpick, he didn’t sell it, he put it in a blind trust. He still owned it, just didn’t control it.

    • doctorcrimson@lemmy.world
      1·
      10 months ago

      I wish more people could have been like Carter. He wasn’t perfect, far from it, but he was a legend given the time period and how he spent his later years.