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Nancy Pelosi's Net Worth Reaches All-Time High of $271M

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In what is a shocking statistic, US politician Nancy Pelosi has seen her estimated net worth reach an all-time high figure of $271 million. Indeed, the 84-year-old is the 52nd speaker of the US House of Representatives, serving two nonconsecutive terms: from 2007 to 2011, and from 2019 to 2023. The democratic candidate has been mired in insider trading allegations throughout her political career. In June of this year, the politician had made 20 times her salary in a single trade. Specifically, the speaker and her husband, Paul Pelosi, have gained almost $4 million from Nvidia (NDA) call options. JUST IN: US Congresswoman Nancy Pelosi's estimated net worth rises to an all-time high of $271,000,000. How is this possible? pic.twitter.com/C4szifOsgx — Watcher.Guru (@WatcherGuru) December 6, 2024 Also Read: Nancy Pelosi Buys $5M Worth of Nvidia Call Options Nancy Pelosi Net Worth Hits All-Time High Following Trump Election Win Throughout November, several US finance markets have been s...

US senator Toomey introduces stablecoin bill as congressional session wraps up

The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session. Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regulatory framework for “payment stablecoins.” Toomey — who also serves as the Ranking Member of the U.S. Banking Committee — said the Dec. 21 bill, called the Stablecoin TRUST Act of 2022 would serve as a framework for stablecoin regulation for his fellow senators who are looking to push out stablecoin legislation in 2023. In a statement, the senator called stablecoins an “exciting technological development that could transform money and payments,” adding: “By digitizing the U.S. dollar and making it available on a global, instant, and nearly cost-free basis, stablecoins could be widely used across the physical economy in a variety of ways.” If passed by Cong...

Maxine Waters Urges SBF to Testify Before Congress

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Maxine Water – chairwoman of the House Financial Services Committee – is doubling down on requests for Sam Bankman-Fried (SBF) to appear on Capitol Hill.  Btc Bitcoin $17.054,29 price 1.22494% price change BUY NOW The California representative said it is imperative that he testify before congress on December 13th, despite his hesitation to do so.  On Sunday, SBF responded to Waters’ initial invitation to testify, in the spirit of assisting the now-insolvent  FTX’s customers and investors. The former CEO said he would testify once he felt he had a firm understanding of what happened at FTX. However, he wasn’t sure if that would be the case by the 13th.  Waters replied on Monday, assuring SBF that his current knowledge is evidently “sufficient for testimony.” “As you know, the collapse of FTX has harmed over one million people,” she stated. “Your testimony would not only be meaningful to Members of Congress but is also critical to ...