About a week after House Speaker Nancy Pelosi defended the ability of members of Congress and their spouses to make stock trades, the California Democrat disclosed several major purchases.
He also put up to $100,000 toward a limited liability company that acquired five Courtyard by Marriott hotels, one in Fairfax, Virginia; two in suburban Baltimore, Maryland; and two in San Antonio, Texas.
At a Dec. 15 news conference, Pelosi explained why she believes that members of Congress and their spouses should be able to buy and sell individual stocks. The December transactions follow purchases from earlier this year. On May 21, Paul Pelosi spent up to $250,000 on 50 Apple calls that have a strike price of $100 and that expire June 17, 2022. He also bought 20 Amazon calls, costing up to $1 million, that have a strike price of $3,000 and that also expire on June 17, 2022.
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