Nancy Pelosi's husband just dumped his NVIDIA stock right before Congress is set to pass the 'CHIPS-plus' bill

Paul Pelosi, Speaker of the House Nancy Pelosi's husband, sold all of his stock in the company on Tuesday.

The speaker sold between $1 million and $5 million worth of stock at an average price of $165.05 on July 26. Congress members are only required to report the values of their trades.

Paul Pelosi lost $341,365 by selling the shares.

Nancy Pelosi, a Democrat from California, rarely volunteers details about her husband's stock and stock option trades.

The right has been questioning the timing of Paul Pelosi's investments recently.

The 200 call options that Paul Pelosi exercised were worth between $1 million and $5 million.

Congress is set to pass the "CHIPS-plus" bill, which will invest $54 billion in US Semiconductor manufacturing and research. Many companies signed an open letter in June asking leaders of Congress to pass the bill.

At a press conference last week, Pelosi denied that her husband used information she gave him to trade stocks.

Nancy Pelosi categorically denied that.

Congress considering stock ban

At a time when Congress is debating whether to allow its members and their spouses to buy, sell, and hold individual stocks, the speaker's husband's trades arise.

Pelosi said that we are a free market economy. It should be possible for them to participate in that.

She backpedaled after being criticized by members of Congress on both sides of the aisle and the general public.

Pelosi told the House Administration Committee to review all the bills that are coming in and see which ones have the support of the caucus. I'm okay with members doing that.

Not a single bill from either party has been brought to a vote in either chamber. The push has been halted by anyone who has the ability to move the bills forward because leadership is trying to run out the clock, according to Rep.

Speaker Pelosi's husband is an investor.

The speaker reported his trades in two years. The speaker is ranked as the 14th wealthiest member of Congress with an estimated net worth of at least $46 million, according to an analysis from Insider.