This week, Joe Biden signed an Executive Order to replace the entire fleet of government vehicles with electric cars.
House Speaker Nancy Pelosi, not one to miss an opportunity, has already reportedly purchased 25 call options for Tesla, a premium electric car manufacturer.
Pelosi reportedly paid somewhere between $500,000 and $1 million for the options, which will expire in March 2022.
With Tesla assumed to benefit from the new EO, there is now obviously scrutiny over the stock purchase by Pelosi, especially since she surely will play a part in who gets these new government contracts.
Just remember this story every time you hear Pelosi pitching clear energy initiatives that will ultimately financially benefit her bank account.
This continues to be a sore spot for voters who see members of Congress regularly get rich on stock market plays that are directly impacted by legislation passed by those very individuals.
This is what a position in Congress is, patriots, nothing more than an avenue to get wealthy, and it is exactly why we need term limits and to flush everyone that currently resides in D.C. out of office.
You can read more about this report in Yahoo! Finance.
We depend on our readers to help us get the word out. So, if you agree with this article, please like and share the article on your favorite social media outlet. You are also encouraged to sign up for our newsletter to ensure you can stay informed. To sign up for our newsletter, click here.