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
    • Burn_The_Right@lemmy.world
      183·
      11 months ago

      Stop voting for who? Democrats? Republicans? Politicians? Insider trading is effectively legal in congress, no matter your party affiliation.

      We need a complete overhaul. But we still need to keep voting. Progressives at least favor improvements to the system itself, so if you mean “vote progressive instead of these others”, then I agree.

    • neptune@dmv.socialEnglish
      151·
      11 months ago

      It turns out the two party system is sort of like a hostage situation