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Trump takes jab at Pelosi by name over history of controversial stock trading
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President Donald Trump took a jab at former Speaker of the House and California Democrat Nancy Pelosi over alleged insider trading, quipping that he "doubts" she stood up to applaud after calling for passage of the Stop Insider Trading Act.
President Donald Trump called out insider trading on Capitol Hill during his address, urging Congress to "pass the Stop Insider Trading Act without delay" while also taking a shot at Speaker Emerita Nancy Pelosi.
"Let’s also ensure that members of Congress cannot corruptly profit from using insider information," Trump said, prompting members of both parties to stand.
Trump responded, "They stood up for that. I can’t believe it. I can’t believe it. Did Nancy Pelosi stand up — if she’s here? Doubt it."
The Pelosi family's financial disclosures have frequently been cited by critics calling for stricter limits on congressional stock trading.
President Trump took a shot at Speaker Emerita Pelosi on stock trading during his SOTU. (Getty Images)
The Stop Insider Trading Act, introduced by Rep. Bryan Steil, would ban members of Congress, their spouses and dependent children from purchasing publicly traded stocks and require advance public notice before any sale, aiming to go beyond the 2012 STOCK Act’s reporting requirements.
A source familiar told Fox News Digital that Pelosi was applauding until Trump called her out.
The moment captured attention on social media, including from Fox News contributor Guy Benson, who posted on X, "lol the Pelosi ad lib."
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"LMAO at Trump’s callout of Pelosi on insider trading," columnist Josh Hammer posted on X.
"LOL Trump is the funniest President of all time, zero debate," Newsbusters Managing Editor Curtis Houck posted on X.
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U.S. House Speaker Emerita Rep. Nancy Pelosi (D-CA) speaks during a news conference in response of the sentencing ruling in the Hong Kong 47 case Nov. 19, 2024 in front of the U.S. Capitol in Washington, D.C. (Alex Wong/Getty Images)
Trump also announced a new retirement savings proposal for workers without access to employer matching, promising the federal government would match contributions up to $1,000 a year so more Americans can benefit from market gains.
Fox News Digital reached out to Pelosi's office for comment.
Fox News Digital's Morgan Phillips contributed to this report
Andrew Mark Miller is a reporter at Fox News. Find him on Twitter @andymarkmiller and email tips to AndrewMark.Miller@Fox.com.
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