Federal prosecutors earlier this year opened investigations into four Senators who themselves or their spouses sold investments right before the S&P 500 crashed 34% in February and March in anticipation of the economic damage that would be caused by the COVID-19 pandemic.
Paul Pelosi purchased 25 call options between $500,000 and $1 million. These options give Paul Pelosi the right to purchase up to 2,500 shares of Tesla at a price of $500 each before March 18.
“As a nation we should really be concerned with this. There’s enough political vitriol out there and this is just one more thing to potentially divide our country,” Hill said. “This is easily eliminable.”
