Tucker Carlson speaks with Chris Josephs, founder of Nancy Pelosi Stock Tracker, about how politicians leverage insider knowledge to make lucrative stock trades. Josephs explains how he started tracking congressional stock trades after noticing suspiciously well-timed investments by figures like Pelosi, who has significantly outperformed the market while pushing legislation that benefits her holdings. They discuss how both Democrats and Republicans engage in this practice, with Dan Crenshaw and Debbie Wasserman Schultz ranking among the top offenders. The conversation covers major scandals, including Richard Burr's COVID-era stock dump, Pelosi's Tesla and Nvidia trades before key legislation, and politicians investing in war stocks while advocating military action. Carlson and Josephs also highlight how the Stock Act, meant to prevent insider trading, has been watered down, and why proposed bans consistently fail. Josephs notes that public scrutiny, fueled by social media and tracking apps like his, is beginning to pressure some politicians into changing their behavior. The interview concludes with a discussion on broader financial corruption, media suppression, and the importance of restoring trust in institutions.
—J. Spurlin