WASHINGTON, D.C. — In a heated exchange with CNN's Jake Tapper, Representative Nancy Pelosi adamantly denied engaging in insider trading, stating that her husband Paul takes care of that.
Pelosi has long been dogged by allegations of using insider trading to amass her fortune, but Pelosi assured the nation that she has never participated in any such criminal activity and instead has her husband do it.
"I have never once traded stocks using information gained through my Congressional seat, and find such accusations ludicrous and abhorrent," said a fiery Pelosi. "My husband does is the one who takes care of all that. I merely tell him which stocks to buy and sell, and exactly when to do so. I am disgusted that anyone would accuse me of such impropriety."
The questioning came on the heels of members of Congress introducing legislation that would ban all Senators and Representatives from trading stocks. Pelosi stunned pundits by coming out in favor of the legislation, stating that it wouldn't affect her whatsoever since her husband Paul does all the illegal stuff.
At publishing time, Pelosi had again maintained in a MSNBC interview that she was innocent of insider trading, but added that she would strongly recommend selling stock in Caterpillar right now.
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