Democrat Nancy Pelosi Called Out By Packers Star For Curious Stock Trades Connected To Government Projects
Green Bay Packers offensive lineman David Bakhtiari recently put Democratic Speaker Emerita Nancy Pelosi on blast about a curious trade that was brought to the public’s attention. The star Packers player has a history of calling out politicians who make profits in the stock market while in office.
David Bakhtiari called out a Senator last year
Per Wisconsin Sports Heroics, last year, Bakhtiari used his X platform to highlight a trade made by the late Senator Dianne Feinstein, whose net worth grew to over $200 million during her 30-year career in public office:
Bakhtiari’s friend and former Packers teammate, Aaron Rodgers, supported Bakhtiari for pointing out Feinstein’s trading history.
Bakhtiari questioned an investment Nancy Pelosi made
Bakhtiari pointed out another trade on his X account this week. Unusual Whales posted a Tweet on a trade Pelosi made. The account alleges Pelosi bought millions in stock of Nvidia and has millions in stock of Microsoft and Google.
Politicians stand to profit off of government-backed AI projects
The program the Unusal Whales account referenced came from an announcement the National Science Foundation made on Wednesday regarding their plans to start a National Artificial Intelligence Research Resource program. According to Daniel Howley with Yahoo Finance, the program is being created out of President Joe Biden’s executive order on AI and includes several publicly traded companies:
The NAIRR pilot, the NSF said, is designed to create a national resource for researchers and educators to access high-powered AI technologies with the goal of ensuring the US continues to lead in AI research and innovation.
Companies and nonprofits joining in the two-year pilot program consist of a murderers’ row of some of the biggest names in AI, including Amazon (AMZN), Anthropic, Hugging Face, IBM (IBM), Intel (INTC), Meta (META), Microsoft (MSFT), Nvidia (NVDA), OpenAI, and Palantir (PLTR), among others.
Federal agencies participating in the effort include the Defense Advanced Research Projects Agency (DARPA), the Department of Defense, the Department of Energy, NASA, the National Institutes of Health, the National Oceanic and Atmospheric Administration, and the Department of Agriculture.
Bakhtiari doesn’t seem pleased with how Pelosi is putting herself in a position to make money by investing in private corporations that the government is backing.
“Dope..Nothing to see here,” Bakhtiar wrote on X.
The trades Pelosi and other politicians have made on Nvidia, Microsoft, and Google are legal. However, many people responding to Bakhtiari’s post feel those trades cross ethical boundaries.
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