Pelosi, Spouse Reportedly Outperform Hedge Funds With $413M Portfolio in 2024

In 2024, U.S. Rep. Nancy Pelosi and her husband, Paul Pelosi, significantly increased their net worth, potentially reaching $413 million from $370 million the previous year, primarily through successful stock market investments. Their investment portfolio, managed in Paul Pelosi's name, yielded an estimated 54% return, outperforming the S&P 500's 25% gain and surpassing every large hedge fund, according to Bloomberg and market research firm Quiver Quantitative. The couple invested in companies like Tempus AI and Vistra, capitalizing on timely market movements, which has raised questions about potential conflicts of interest given Pelosi's congressional position. Despite Pelosi's claims of no direct involvement in stock transactions, the extraordinary gains have intensified calls for legislation to ban or restrict stock trading by members of Congress and their families, exemplified by the proposed 'PELOSI' Act. Critics argue that lawmakers may have access to non-public, market-moving information, fueling concerns over fairness and ethics. Pelosi has recently softened her stance on stock trading by legislators, signaling possible future changes in policy regarding congressional investments.