Verdict with Ted Cruz - July 31, 2025


BONUS POD： Pelosi Under Fire as Trump Slams ‘Disgraceful’ Stock Gains

Topics
Medicaid anniversary and Pelosi's response
Hosted by
Ted Cruz
Mentioned
Nancy Pelosi Donald Trump Ben Ferguson Jake Tapper Buck Sexton Clay Travis Paul Pelosi
Major Legislation to Protect the Flying Public, plus New Evidence FBI Complicit in Russia Hoax Declassified Docs Show Hillary PERSONALLY Approved Russia Hoax-Complicit w the FBI-to Distract from Her Email Scandal, plus Dems Abandon Israel & Harvard in bed with CCP

Episode Stats


Length

11 minutes

Words per minute

165.93

Word count

1,853

Sentence count

153

Harmful content

Misogyny

5

sentences flagged

Toxicity

5

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Trump calls out Pelosi for making a fortune with her husband, and she responds in a CNN interview. Meanwhile, Pelosi's husband Paul Pelosi is worth an estimated $413 million, according to a new report by the New York Times.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 This is an iHeart Podcast.
00:00:02.500 Guaranteed human.
00:00:05.780 Thrilled to sign the VA Home Loan Program Reform Act into law.
00:00:11.200 This legislation provides desperately needed relief to veterans and their families who have fallen behind on their mortgages.
00:00:18.140 It helps keep our promise to end veterans' homelessness, and we're going to do that for America.
00:00:24.460 We're going to do that for our great veterans.
00:00:25.980 You're listening to the 47 Morning Update with Ben Ferguson.
00:00:30.160 Good Thursday morning.
00:00:31.160 It's so nice to have you with us on the 47 Morning Update, and we've got one big story for you.
00:00:37.440 Donald Trump at the White House today calling out Nancy Pelosi for becoming rich by having inside trading information.
00:00:46.340 The president saying, quote, she made a fortune with her husband, and I think it's disgraceful.
00:00:52.320 Well, Nancy Pelosi also firing back and becoming very irritated in a CNN interview. 1.00
00:00:58.280 I've got it all for you.
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00:02:49.320 It's the 47 Morning Update, and it starts right now.
00:02:52.620 Story number one.
00:02:53.680 President Donald Trump coming out swinging, calling for a Pelosi investigation over insider trading, and describing what she has done as nothing less than disgraceful.
00:03:04.440 President Donald Trump calling for an investigation based on the facts.
00:03:09.840 Why?
00:03:10.480 Well, he was asked about a bill to ban stock trading among members of Congress.
00:03:14.360 I want you to put this into perspective what has been reported on so you understand the outrage here.
00:03:19.900 Nancy Pelosi's current government salary is $174,000 a year. 0.99
00:03:24.460 Now, that's standard pay for rank-and-file members of Congress.
00:03:27.420 There's other roles that may get her more money, when she was the speaker, for example, or a party leadership.
00:03:33.540 But if you look at her net worth, here is what we know.
00:03:37.220 Open Secrets, for example, estimates Nancy Pelosi's net worth back in 2018 to be $114.7 million.
00:03:46.140 Now, as of mid-2024, Investotopia estimated the couple's net worth at over $240 million, with substantial holdings in tech stocks and real estate, $45 million alone in property.
00:04:02.120 All of this off of $174,000 and change a year.
00:04:05.680 Now, more recently, there have been new estimates.
00:04:08.840 As of June 1, for example, there was a new estimate that their net worth was well over $260 million, including about $127 million in publicly tracked equities.
00:04:19.800 And then you look at 2024.
00:04:22.520 Financial disclosures show that Paul Pelosi, that's the husband of Nancy Pelosi, earned, and this is a big range, between $7.8 million and $42.5 million.
00:04:33.240 In 2024 alone from stock trades, boosting their estimated net worth to as much as $413 million, a figure that's been cited by many outlets, including the Times.
00:04:48.020 Here's the other thing that you should know before I let you hear it from the president.
00:04:52.560 Nancy Pelosi and her husband's portfolio reportedly delivered a 54% return in 2024.
00:05:01.540 Substantially outperforming major hedge funds and the 25% historic gain in the S&P 500.
00:05:10.620 Notable trades included early investments in stocks that exploded, like NVIDIA and Palo Alto networks,
00:05:17.900 as well as timely sales of Microsoft and Visa shares ahead of regulatory scrutiny.
00:05:25.540 And the stocks came down significantly.
00:05:27.640 Now, critics argue that Pelosi's consistent trading success may reflect access to non-public information.
00:05:36.120 This is why she's making so much money, is what many believe.
00:05:40.340 Now, Donald Trump was asked about this at the White House, as they were talking about stopping trading of stocks by members of Congress.
00:05:48.520 And I want you to listen carefully to what the president had to say.
00:05:51.520 Nancy Pelosi became rich by having inside information. 1.00
00:05:56.480 She made a fortune with her husband, and I think that's disgraceful.
00:06:00.360 So in that sense, I'd like it.
00:06:01.640 But I'd have to really see the, you know, I studied these things very carefully, and this just happened.
00:06:06.380 So I'll take a look at it.
00:06:07.800 But conceptually, I like it.
00:06:09.780 And what I do think is Nancy Pelosi should be investigated, because what she has the highest return of anybody practically in the history of Wall Street, save a few.
00:06:21.240 And how did that happen?
00:06:23.580 It happened by she knows exactly what's going to happen, what's going to be announced.
00:06:26.960 She buys stock, and then the stock goes up after the announcement's made.
00:06:30.600 And she ought to be investigated.
00:06:31.780 Now, you can hear the president there making it clear what he believes should happen.
00:06:36.180 Nancy Pelosi went on CNN, a place that's, you know, extremely friendly with Jake Tapper, someone that's helped her out with many fake stories in the past.
00:06:44.980 And what did Nancy Pelosi say?
00:06:47.540 Well, Jake Tapper apparently is acting like he's a tough journalist and decided to ask Pelosi a question about insider trading.
00:06:55.560 Now, of course, he's saying President Trump said it, not me.
00:06:59.000 You know, we're not doing any investigative work here.
00:07:01.020 No, no, no.
00:07:01.380 We're just going to ask you about what Trump said.
00:07:03.480 And Nancy Pelosi went into a, hey, I'm here to talk about something else.
00:07:08.500 I don't want to talk about this.
00:07:10.100 I'm here to talk about the 60th anniversary of Medicaid.
00:07:12.920 That's why I agreed to come on here.
00:07:14.540 And then she started to ramble even more. 0.77
00:07:17.660 Listen carefully.
00:07:18.720 Good evening, President Trump mentioned you, and he made an allegation about your investments.
00:07:23.140 I want to roll that clip and then give you a chance to respond.
00:07:25.540 Let me just read what he said.
00:07:26.780 I'm sorry that we had some sort of technical issue.
00:07:28.700 Nancy Pelosi became rich.
00:07:29.660 I might have to read that.
00:07:30.780 We're here to talk about the 60th anniversary of Medicaid.
00:07:34.600 That's what I agreed to come to talk about.
00:07:36.300 Yeah, but I wanted to.
00:07:37.080 And what that means in the election.
00:07:38.760 I wanted to give you a chance to respond.
00:07:40.260 He accused you of insider trading.
00:07:41.700 What's your response to that? 0.99
00:07:42.840 That's ridiculous. 0.60
00:07:43.780 In fact, I very much support the stop the trading of members of Congress.
00:07:49.300 Not that I think anybody's doing anything wrong.
00:07:51.660 If they are, they are prosecuted and they go to jail.
00:07:55.180 But because of the confidence that it instills in the American people, don't worry about this.
00:08:01.400 But I have no concern about the obvious investments that have been made over time.
00:08:09.340 I'm not into it.
00:08:10.280 My husband is.
00:08:10.940 But it isn't anything to do with anything insider.
00:08:14.120 But the president has his own exposure.
00:08:16.360 So he's always projecting.
00:08:18.460 He's always projecting.
00:08:19.860 And let's not give him any more time on that, please.
00:08:22.760 We're going forward here.
00:08:24.240 And I'm very proud of my family.
00:08:27.120 And while he might make fun of us while somebody inspired by him breaks into our home and hits my husband in a deadly fashion,
00:08:34.520 hits my husband over the head and he thinks that's a riot,
00:08:37.780 I'd rather not go into some of my other complaints about him right now.
00:08:41.340 Rather to talk about the 60th anniversary of Medicaid and Medicare.
00:08:46.440 What a triumph, a great pillar of economic and health security for the American people.
00:08:52.100 We had over the weekend a Caring Across Generations initiative of a 60-hour vigil of all of us taking turns,
00:09:04.080 myself, my daughter, my granddaughter, and all of us taking turns over 60 hours to tell stories of what all of this means in people's lives.
00:09:14.260 We, since all this has emerged, have had 300,000 calls from our Californians to people in Republican-held districts 0.93
00:09:25.380 for the constituents to call their Republican members of Congress who have voted for this shameful, shameful, dirty, filthy, stinking, lousy, rotten, anything-but-beautiful act. 0.62
00:09:40.400 And now we are engaged in the Save Medicaid summer. 0.90
00:09:44.440 So today is the 60th anniversary.
00:09:47.640 It's something to be very, very proud of.
00:09:50.240 And instead of what the Republicans are doing to deprive people of access to health care who need it so badly,
00:09:56.500 people with disabilities who need it so badly, for the children who need it so badly.
00:10:01.380 There are two things we just have to go back to in this audio.
00:10:04.280 Number one, Pelosi tried to dodge the question of insider trading, then saying,
00:10:08.280 I'm not into it, my husband is.
00:10:10.440 Yes, she said that.
00:10:11.720 Here's the receipt.
00:10:13.120 I'm not into it, my husband is.
00:10:15.180 One thing is for sure.
00:10:16.640 Nancy Pelosi, she's nervous, and she's pointing her finger to her husband, saying,
00:10:21.420 I don't do anything.
00:10:22.320 I don't know anything.
00:10:23.500 I'm not into anything insider.
00:10:25.860 And oh, by the way, let me point at Donald Trump.
00:10:28.700 You know, he's got his own exposure, so he's always projecting.
00:10:31.560 He's always projecting.
00:10:32.540 Yes, that is Nancy Pelosi's response to being worth hundreds of millions of dollars on a $174,000 salary. 1.00
00:10:42.640 So if you want to know why Donald Trump said she should be investigated,
00:10:45.760 well, maybe just listen to Nancy Pelosi's own words.
00:10:48.820 Thank you for listening to the 47 Morning Update with Ben Ferguson.
00:10:52.940 Please make sure you hit subscribe wherever you're listening to this podcast right now.
00:10:57.840 And for more in-depth news, also subscribe to the Ben Ferguson podcast,
00:11:02.680 and we will see you back here tomorrow.
00:11:06.420 This is an iHeart Podcast.
00:11:09.340 Guaranteed Human.