Trump receives bipartisan standing ovation as he Takes jab at Pelosi: ‘Pass the Stop Insider Trading Act’
In a rare moment of bipartisan praise, President Donald Trump received a standing ovation from both sides of the aisle during his State of the Union (SOTU) address after urging Congress to “pass the Stop Insider Trading Act without delay” — prompting many Democrats to rise and cheer.
“As we ensure that all Americans can profit from a rising stock market, let’s also ensure that members of Congress cannot corruptly profit using inside information. Pass the Stop Insider Trading Act without delay,” Trump declared, prompting members of both parties, even those who are not a fan of the president, such as Elizabeth Warren (D-Mass.), to stand.
President Trump then took a pointed jab at former House Speaker Nancy Pelosi (D-Calif.), whose family has long faced scrutiny for remarkable financial market gains during her nearly four decades in Congress.
Pelosi’s stock portfolio has significantly outperformed Warren Buffett’s in recent years. As of February 2026, financial data and annual reports from tracking groups like Unusual Whales confirm that the former Speaker’s returns haven’t just beaten the market — they’ve often doubled or tripled the performance of Buffett’s Berkshire Hathaway.
“They stood up for that. I can’t believe it. I can’t believe it. Did Nancy Pelosi stand up — if she’s here? Doubt it,” the president remarked after receiving the standing ovation.
The dig comes six years after the then-Speaker famously shredded a copy of President Trump’s 2020 address at the conclusion of his speech, an act of “political protest” that she later described as a “courteous thing to do, considering the alternative.”
In a private meeting with House Democrats the following morning, she reportedly said, “I felt very liberated… he shredded the truth, so I shredded his speech.”
Pelosi and her husband, Paul Pelosi, have reportedly accumulated more than $130 million in stock market profits during her time in Congress — representing an estimated return of roughly 16,900% compared to the value of her portfolio before she took office.
According to Quiver Quantitative, Pelosi has a net worth of more than $269 million, making her one of the wealthiest lawmakers in Congress.
In the past, Trump has attributed her and her husband’s unprecedented stock market success to “inside information,” due to her husband’s ability to outperform “every Hedge Fund in 2024.”
“Crooked Nancy Pelosi, and her very ‘interesting’ husband, beat every Hedge Fund in 2024,” he wrote in a Truth Social post back in August. “In other words, these two very average ‘minds’ beat ALL of the Super Geniuses on Wall Street, thousands of them. It’s all INSIDE INFORMATION! Is anybody looking into this???”
Nonetheless, Pelosi still denies all allegations of insider trading. Spokesperson Ian Krager told the New York Post in July that the former House Speaker “does not own any stocks and has no knowledge or subsequent involvement in any transactions.”
According to the spokesperson, in Pelosi’s case, almost all the active stock and options trading is done by her husband, Paul, who runs his own investment firm in San Francisco. On the official filings, they appear under Nancy’s name since the law requires the member to report spousal activity — but the assets and transactions are “legally” Paul’s, or joint household, not solely in her individual name.
The Stop Insider Trading Act is a bipartisan effort that was launched by Senator Kirsten Gillibrand (D-N.Y.) and Senator Ashley Moody (R-Fla.) to limit stock trading in Congress.
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