Does Nancy Pelosi share stock advice with her husband? This is what the speaker said

House Speaker Nancy Pelosi is one of the most famous members of Congress. In recent years, Pelosi has also become famous for something outside of politics, the stock and options purchases made by her husband. Here's what Pelosi had to say when asked about potential conflicts of interest.

What happened: Pelosi's husband, Paul Pelosi, is a venture capitalist. Together, the two Pelosis must publicly file stock and option purchases made, whether Paul or Nancy completes the transaction. A recent transaction has been questioned by the public.

Recent filing showed Pelosi selling call options on Apple Inc AAPL and selling Visa Inc V stock.

The filing also showed that the exercise of NVIDIA Corp NVDA calls at a strike price of $100 was questioned. The exercise took place on June 17, when the options were due to expire.

Pelosis exercised 200 valid options for 20,000 shares in a transaction valued at between $1 million and $5 million on file.

Many pointed to the timing of the deal before Congress voted on the CHIPS Act, which could provide $52 billion in subsidies and tax credits to semiconductor makers like NVIDIA.

Pelosi was recently questioned about potential conflicts of interest.

"Has your husband ever made a stock purchase or sale based on information received from you?" a reporter asked the Speaker of the House.

Pelosi replied "No, absolutely not", then left the podium and ended the questions.

Some have compared the Pelosi clip to a sketch featuring Dave Chappelle where he gets a question and then abruptly gets up and leaves the room.

Before Pelosi was asked the question, it was said that this was the last question she would ask at the press conference.

Related link: Pelosi's Options Trading Strategy: 3 Key Takeaways

Why it matters: Recently, Speaker Pelosi praised the CHIPS Act and pushed Congress to vote yes on legislation supporting semiconductor companies.< /p>

A Pelosi spokesperson previously said there was no insider trading on NVIDIA Corp. shares

"The president has no prior knowledge or subsequent involvement in any transactions," Pelosi spokesman Drew Hammill told Fox Business.

Pelosi was one of many names mentioned in a public call for members of Congress and their spouses to be banned from trading stocks and options while in public office .

Pelosi was one of the top performing stock traders in Congress in 2021, according to her husband's trades. Pelosi and her husband placed sixth in 2021 based on performances tracked by Unusual Whales. The President ranked second in total options volume and had an average gain of 36.6% for options trading.

Controversies surrounding Pelosi's trading and her superior market performance led Unusual Whales to create the Nancy Pelosi ETF, which is non-tradable but tracks her trades online.

NVIDIA shares have risen since the transaction and disclosure, largely on news surrounding the CHIPS Act.

NVIDIA shares traded between $153.28 and $159.95 on June 17, 2022.

Shares closed Friday at $173.19.

The 20,000 shares held by Pelosis following the recent exercise...