Nancy Pelosi to retire, the "Queen of Trading" hangs up her crown
Trump: "I’m very honored she impeached me twice and failed miserably twice. Nancy Pelosi is a highly overrated politician...”
Hello Capitalists,
Here is everything you should be following today:
The reign of the “Queen of Trading” is coming to a close
Pelosi to retire after nearly 40 years
Mamdani and Hochul square off over “tax the rich”
Is OpenAI trying to get a “prebailout?”
The Cowboys are having a bad season but Jerry Jones is winning
JP Morgan probed over “debanking” of conservatives.
Today’s markets + assets:
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🔴 Bitcoin: $101,094 (⬆️ 1.90%)
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Trump scorches the “Queen of Trading” as she retires after 37 years in Congress
Nancy Pelosi, 85, stunned the political world Thursday by announcing she won’t seek reelection after nearly four decades in Congress, ending her historic tenure as the first female House Speaker.
Trump’s Statement On Pelosi’s Retirement: “The retirement of Nancy Pelosi is a great thing for America. She was evil, corrupt, and focused on bad things for our country. She was rapidly losing control of her party and it was never coming back. I’m very honored she impeached me twice and failed miserably twice. Nancy Pelosi is a highly overrated politician.”
Historic Tenure Concludes: After 37 years representing San Francisco, Pelosi reflected on the unparalleled honor of voicing her constituents’ needs on the House floor.
Pioneering Speaker Legacy Endures: As the groundbreaking first woman to lead the House, Pelosi’s influence reshaped Democratic leadership.
Final Year Focuses on Service: With a “grateful heart,” she pledged to dedicate her remaining term to advocating for her district before stepping aside.
Editors Note: Nancy Pelosi’s retirement will likely close the book on one of the all time “greatest” Traders. In her time in congress Nancy has made an absolute FORTUNE despite “not owning any stock.” The saga of her trading prowess we documented here. Using apps like AutoPilot traders were able to mirror Pelosi’s spectacular (and highly suspect trades) raking in thousands in profits simply by copying her trades because if you can’t beat them, you might as well trade like them.
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NYC becomes the flashpoint of the Democrat Civil War as Hochul & Mamdani already clash
New York City Mayor-elect Zohran Mamdani, the 34-year-old socialist who stunned voters on Nov. 4, 2025, is igniting a fierce clash with Gov. Kathy Hochul by demanding state-backed tax hikes on millionaires and corporations to fund free buses, universal childcare, and city-run groceries—prompting raucous “Tax the rich!” chants and urgent pleas for Albany’s approval amid NYC’s soaring costs.
Mamdani’s Bold Tax Blueprint: He proposes a 2% income levy on earners over $1 million and 11.5% corporate rate hike to match New Jersey, targeting revenue for affordability programs without middle-class burden.
Hochul Faces Progressive Fury: Supporters disrupted her October 26 rally with anti-tax chants, forcing Mamdani’s intervention; Hochul has vowed no hikes on everyday New Yorkers despite shared childcare goals.
National Allies Rally Support: AOC and Bernie Sanders joined Mamdani at the Queens event, amplifying the pressure as Hochul dodges post-election queries on backing the plan.
GOP Slams Fiscal Folly: Rep. Elise Stefanik blasted the socialist duo as “destroying New York,” warning hikes could spur business exodus and deepen state-city budget tensions and emphasizing the widening split in the Democratic party between the Left and the Socialist Left.
OpenAI CFO appears to demand a “pre-bailout” then backpedals FURIOUSLY
OpenAI’s CFO Sarah Friar Wednesday appeared to call for a federal guarantee to ease financing of massive AI chip investments for data centers, warning that without government backing, the U.S. risks falling behind in the global AI race.
CFO Friar Leads Charge: Sarah Friar, OpenAI’s finance chief, pitched the backstop idea at the WSJ Tech Live event in California to unlock billions in AI infrastructure funding.
Chip Investments Surge: The plea targets enormous costs for AI-specific chips and data centers, essential for scaling models like ChatGPT amid exploding demand.
Global Race Looms: Without federal support, Friar argued, U.S. firms could lose ground to international rivals accelerating AI dominance.
The Backlash Was Swift: Analysts and commentators seized on the comments as evidence that, regardless of Sam Altman’s Optimism, OpenAI has got too far out of their depth with their investments and is looking for government assistance.
CFO Posts A Retraction (of sorts): Friar attempted to contain the damage with a post on social media claiming that her comments were misinterpreted
Too Little Too Late?: However the damage was done and the retraction did little to quell the outrage online.
Cowboys owner’s billion dollar oil investment pays off huge
Explosive AI power demands from Big Tech data centers are igniting a natural gas frenzy in Texas, leaving Jerry Jones-backed Comstock Resources poised atop the “holy grail” of untapped supply in the challenging Haynesville Shale Basin.
Strategic 2019 Acquisition Boost: Comstock’s $2.2 billion buy of Covey Park Energy exploded its Haynesville land holdings, unlocking vast reserves in the high-pressure Western region.
Wildcatting Boldness Conquers Depths: Aggressive drilling at 14,000-19,000 feet depths positions Comstock as the lone leader, outpacing rivals amid extreme geological hurdles.
Prime Location Fuels Dual Demand: Just 100 miles from Dallas and Houston, near LNG corridors, Comstock’s assets perfectly supply both surging AI data centers and export facilities.
Jones’ Billion-Dollar Bet Pays Off: The Cowboys owner’s $1 billion investment, including $475 million for Covey Park, sets Comstock to dominate the AI-driven energy boom.
JP Morgan faces scrutiny over its “Debanking” of conservatives
JPMorgan Chase revealed Wednesday it’s under U.S. government scrutiny for allegedly debanking conservative clients, including President Donald Trump, who claimed the bank ousted him and his wife Melania over political ties after the 2021 Capitol riot.
Trump’s Cash Rejection Stuns: In 2021, post-White House, Trump alleged JPMorgan rejected over $1 million in deposits, citing a 35-year relationship ended abruptly with a 20-day eviction notice.
Melania’s Post-Riot Ousting: First Lady Melania Trump reported her account closure shortly after Jan. 6, 2021, riots, amplifying family-wide claims of political retaliation.
Broader Conservative Purge Exposed: Under Biden, crypto firms and Second Amendment supporters faced similar debanking, blamed on “reputation risk” with policies favoring liberal alignments.
Regulatory Reckoning Looms: Trump’s August executive order targets fines for politicized practices in the banking industry
Finally ole madam of tyrrany flies out on her broom into a fiery sunset 🌅 watch her flame out
Trump is correct. Plus she is a POS. I see why her husband is a pervert.