This report by @business is just great! Congress ownership of tech makes tech regulations awkward! Guess who owns a ton of tech? @SpeakerPelosi
And will she regulate? So far, she's not keen to! She doesn't want to regulate tech. We wonder why…
>100 million dollars invested🤗 pic.twitter.com/5n9U1LAxy4
— Trinh (@Trinhnomics) January 27, 2022
Congressional trading persists!!! Yes, persists! This is a person that has been around in government since the 1980s and is seeking re-election at 81 years old whose family own >100 million dollars in tech.
Do we have a conflict of interest here? Do we? Hmm pic.twitter.com/mwRdxN9Y0g
— Trinh (@Trinhnomics) January 27, 2022
Do we have a conflict of interest for Congress? Well, Nancy Pelosi husband owns 25.5 million in Apple stock.
Why does she hate regulating it? Well, well, well.
Republicans own too. Mike McCaul has less but defo a lot at >8m. Congress had 315 stocks & bond transactions!!!
So? pic.twitter.com/6bS69fuJrE
— Trinh (@Trinhnomics) January 27, 2022
Btw, this infographic is not drawn to scale. We go from very little to basically 5 million dollars and above.
But the size of Pelosi's tech stake is >100 millions vs the almost equal in size Mike McCaul at about 8m.
To scale, Pelosi's tech stake would be >10 times or massive! pic.twitter.com/BW4wPHEvp0
— Trinh (@Trinhnomics) January 27, 2022
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