Did Speaker Pelosi's Announcement She Planned to Use Taxpayer Funds to Provide Every House Employee Peloton All-Access Membership Constitute a Conflict of Interest?

    Should her husband, Paul Pelosi, be allowed to own stock in the company or is it a clear conflict of interest?

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    Shares of Peloton (NASDAQ • PTON) soared1 after prolific investor2 and Speaker of the House Nancy Pelosi announced that she was using taxpayer funds to provide all 12,000 House employees Peloton All-Access Membership.3 The deal includes an upfront payment to the company as well as a monthly fee for each employee that orders a $1,200+ bike from the company. Inquiring minds would like to know if Nancy or her husband Paul4 purchased shares in the company prior to her announcement.

    1

    https://finance.yahoo.com/quote/PTON/

    2

    https://www.businessinsider.com/nancy-pelosi-discloses-stock-trades-amid-calls-trading-ban-congress-2022-3

    3

    https://www.foxbusiness.com/politics/house-representatives-staff-free-peloton-memberships-cost-taxpayers

    4

    https://en.wikipedia.org/wiki/Paul_Pelosi

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