We wish Speaker Emerita Rep. Nancy Pelosi (D-CA) happiness and health in her retirement. History will weigh her substantial legacy for decades to come.
One unfortunate aspect of her legacy is already known, and it will be the decline in public trust of Democratic institutions during her speakerships. Pelosi’s soaring personal wealth during that time, the product of well-timed trades in tech stocks, options, and her husband Paul’s venture-capital deals, contributed to a perception that lawmakers use insider information to enrich themselves at the expense of their constituents.
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