Wall Street rocked. Pelosi tumbles. American workers first.

As the U.S. stock market reels from President Donald Trump’s aggressive new reciprocal tariffs, one of Washington’s wealthiest Democrats is feeling the financial heat.

Nancy Pelosi, 85, has lost an estimated $23 million in just a few short months—most of it tied to plummeting Big Tech stocks vulnerable to the new America First trade agenda.


Pelosi’s Tech-Filled Portfolio Takes a Massive Hit

According to financial data analysts at Quiver Quantitative, Pelosi’s fortune has shrunk from a peak of $270 million to roughly $247 million, with a staggering $7 million vanishing in just one day following Trump’s announcement.

The San Francisco Democrat—who has long faced criticism for her family’s controversial stock trades—holds major investments in companies like Apple, Nvidia, Google, and Palo Alto Networks.

“Apple is currently Pelosi’s largest holding. It dropped 9% in a single day,” said Quiver co-founder Chris Kardatzke.


Conservative Lawmakers Rising While Pelosi Falls

Pelosi’s dramatic drop pushed her down to third place on the list of wealthiest members of Congress. Now ahead of her is Rep. Vern Buchanan (R-FL), a self-made businessman who built his wealth through small business success—not political privilege.

The top spot remains with Sen. Rick Scott (R-FL), whose net worth surpasses $500 million, built through entrepreneurship in the health care sector.


Pelosi’s Investments Raise Fresh Ethics Concerns

While Pelosi claims she has no role in managing the trades, her husband, Paul Pelosi, has long been linked to lucrative, well-timed investments in high-growth sectors.

Critics argue the Pelosis benefited from insider access that most Americans could never dream of—fueling renewed calls for a Congressional stock trading ban.


STOCK Act Loopholes: Pocket Change Fines, Big Money Trades

Although the STOCK Act was designed to bring transparency to lawmaker investments, enforcement has been laughable. Penalties for violations often amount to a few hundred dollars, even as politicians trade tens of thousands—or more.

Pelosi herself opposed banning stock trading for Congress, famously stating in 2021, “We are a free-market economy. Lawmakers should be able to participate in that.”


Trump’s America-First Agenda Reshapes the Market—and the Swamp

President Trump’s latest move to protect U.S. workers and manufacturing through strategic tariffs is already reshaping global trade—and now, it’s shaking up the D.C. elite’s financial empires.

Pelosi’s staggering losses reveal a deeper story: When America wins, the old guard loses.

And for many hardworking Americans who’ve felt ignored by career politicians, that’s a trade worth making.