Nancy Pelosi's husband recently bought $2.2 million in Tesla stock

According to the form, Paul Pelosi, who owns and runs a San Francisco-based venture capital firm, purchased 2,500 shares of the electric car company’s stock by exercising 25 call options at a strike price of $500 per share on March 17. The options were set to expire the next day. 

The purchase comes at a time lawmakers continue to discuss legislation that would ban members of Congress from trading stocks. Pelosi in particular has been at the center of the debate, given her status as House speaker and her husband’s prolific trading. In January, Paul Pelosi purchased $2.9 million in stock in a number of companies including Disney, Apple, American Express and PayPal.

Critics have argued that members of Congress, who receive confidential information and write policy that directly impacts large publicly traded companies, should be barred from stock trades. Pelosi was initially hostile to such a ban, but has since backpedaled and signaled some openness to the policy proposal.

A hearing on possible legislation to ban members of Congress from owning stocks was scheduled for last week, but postponed after Rep. Zoe Lofgren, the chair of the Committee of House Administration, tested positive for COVID-19.

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