The increase is aimed at helping members defray the costs of maintaining secondary housing in DC, where living costs are among the highest in the United States.
House Speaker Nancy Pelosi
“Pelosi’s trading acumen is fantastic,” Kudlow sarcastically chimed in. ” Her performance is better than, get this, better than Warren Buffett, George Soros, or Cathie Wood.”
Pelosi, one of the wealthiest members of Congress with an estimated net worth of $46 million, defends the practice of trading stocks by public servants, saying: “We are a free-market economy.”