Paul Pelosi exercised at least one million in Google stock options

House Speaker Nancy Pelosi noted in a congressional disclosure last week that her husband, Paul Pelosi, exercised call options on between $1 million and $5 million worth of Google stock.

The decision to pull out the money, initially purchased in December 2021, came in September, just days before House Democrats introduced legislation prohibiting federal officials from trading stocks.

News of the transaction adds to concerns over the alleged political influence of Paul Pelosi’s investments. On Sept. 16, he sold thousands of NVIDIA and Micron Technology shares after President Joe Biden signed the CHIPS and Science Act of 2022.

However, the six-figure loss came after Paul Pelosi undertook intense scrutiny for investing in the two companies.