Former Dallas Federal Reserve President Richard Fisher told CNBC’s “Squawk Box” Thursday that it appears that House Speaker Nancy Pelosi and her husband Paul have engaged in insider stock trading.
“Paul Pelosi is getting a lot of attention,” Fisher said, when asked about a report from Punchbowl News that House Democrats plan to announce a proposal next month that would ban lawmakers, their spouses and senior staff from trading stocks.
“Clearly people have taken advantage of inside information forever,” the CNBC contributor said. “I’m not against them tapping that down.
“I’m sorry to see that Paul Pelosi and Nancy Pelosi and others appear — it’s all appearance right now, we don’t know the facts — to have taken advantage of inside information. Something needs to be done.”
