Former House Speaker Nancy Pelosi became visibly agitated during a live CNN interview Wednesday when host Jake Tapper questioned her about allegations of insider trading—allegations that President Donald Trump publicly raised earlier the same day, as reported by Fox News.
Appearing on The Lead, Pelosi was scheduled to discuss the 60th anniversary of Medicaid. However, the interview took a sharp turn when Tapper attempted to read a statement from President Trump accusing Pelosi of using “inside information” to amass wealth through stock trades.
“Why do you have to read that?” Pelosi interrupted. “We’re here to talk about the 60th anniversary of Medicaid. That’s what I agreed to come to talk about…and what that means in the election.”
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Tapper responded, “I wanted to give you a chance to respond. He accused you of insider trading. What’s your response to that?”
“That’s ridiculous,” Pelosi said.

“In fact, I very much support the stop the trading of members of Congress. Not that I think anybody is doing anything wrong. If they are, they are prosecuted, and they go to jail. But because of the confidence it instills in the American people, don’t worry about this.”
Pelosi continued, “I have no concern about the obvious investments that have been made over time. I’m not into it. My husband is, but it isn’t anything to do with anything insider.”
CNN: “President Trump accused you of insider trading…”
Nancy Pelosi: “Why do you have to read that? We’re here to talk about the 60th anniversary of Medicaid. That’s what I agreed to come talk about.” pic.twitter.com/30vZODL53b
— TheBlaze (@theblaze) July 30, 2025
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She then shifted the focus back to Trump, stating, “The president has his own exposure, so he’s always projecting. He’s always projecting, and let’s not give him any more time on that, please.”
Pelosi added she is “very proud” of her family and brought up the 2022 attack on her husband Paul Pelosi, accusing Trump of inspiring and mocking the incident.
She declined to elaborate further, saying, “I’d rather not go into some of my other complaints about him right now, rather talk about the 60th anniversary of Medicaid and Medicare.”

Pelosi’s appearance coincided with legislative movement on a bill targeting the very type of conduct she is accused of. The Honest Act, introduced by Sen. Josh Hawley (R-MO), passed through the Senate Homeland Security and Government Affairs Committee on Wednesday.
The bill would ban all members of Congress, their spouses, as well as the president and vice president from trading stocks while in office.
Hawley originally introduced a similar bill in 2023 under the name PELOSI Act—short for Preventing Elected Leaders from Owning Securities and Investments—a direct reference to the former Speaker.
Pelosi has faced criticism after multiple reports tied her husband, Paul Pelosi, to stock trades made ahead of major congressional decisions.
In 2022, Paul Pelosi reportedly bought between $1 million and $5 million in semiconductor stocks days before Congress voted on a $52 billion subsidy for the industry.
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