Speaker Nancy Pelosi has led the House Democratic troops to shut down a subpoena that would have have put President Joe Biden’s beleaguered son Hunter Biden on the Congressional witness stand.
The Republican-backed subpoena came after mounting evidence that Hunter Biden is involved in international crimes that implicate the president .
As reported earlier, there is evidence that his father, the believed “Big Guy” in a Hunter Biden email, took at least “ten percent” of his cut, and potentially as much as “ half ” his salary.
Peter Schweizer, who details the presidential son’s Chinese activities in his book “ Red Handed ,” believes now that all signs point to Hunter Biden’s federal indictment.
In an interview with Maria Bartiromo on March 20th, he explained why: “Hunter’s legal team cooperation indicate the president’s son is about to be indicted,” Schweizer claimed.Amid the mounting pressure on Hunter Biden, a whistleblower has come forward in an interview to the Daily Mail, stating that he has “450 gigabytes of erased material” from Hunter Biden’s laptop. In it are believed to be 80,000 images and videos, never-before-seen in public, that will shock even those who have seen the initial files released from the “ laptop […]
April 5, 2022
Kevin Freeman, host of Economic War Room on BlazeTV, has launched a national campaign slamming Nancy Pelosi for protecting corrupt insider trading by members of Congress. More than 1,450,000 emails have already been sent to Congress!
In 60 seconds anyone in America can send an email to all 535 members of Congress and tell them to stop the DC greed! The corrupt ruling class has gotten away with this for too long. It’s time to turn up the heat! TAKE ACTION HERE
Freeman describes the issue like this:
Nancy Pelosi has made a fortune worth more than $100 million – all while working on a government salary. HOW?! How are she and other politicians becoming multi-millionaires while supposedly working for “us” in Congress?
The corruption is deeply disturbing: Democrats and Republicans alike are pigging out on ‘Pelosi Perks’.
Politicians in Washington are giving themselves big salaries, big pensions, and big benefits. And – as if that wasn’t bad enough – they’re making MILLIONS on Wall Street with insider trading. In fact, Nancy Pelosi and her husband made more than $30 million just from trading tech stocks. They bought their shares – and then she started blocking efforts to rein in Big Tech. And no wonder: by protecting them, she’s hurting us while making a FORTUNE.
Our elected officials have lined their pockets at our expense for too long!
Economic War Room has just released its expose of this outrage, and we’ve launched a nationwide campaign so every American can take action to demand an end to Pelosi Perks.
You can watch Freeman’s Economic War Room special on the issue featuring Tom Fitton of Judicial Watch, Jenny Beth Martin of Tea Party Patriots, and Justin Danhoff of the Free Enterprise Project here.
By Matt Agorist
Since March of 2020, Americans and the world alike have watched from the sidelines as power-hungry politicians have ushered in draconian lockdowns, shutdowns, police state measures and brought the economy to its knees. While governments around the planet used their central banks to devalue their currencies by printing money to fund their tyranny, the US led the way down this road to fiscal horror.
Thanks to the trillions of dollars the Federal Reserve has printed over the last two years, America is currently in an inflation crisis. One need only look at the price of groceries and gas over the last two years to realize just how bad of a crisis we are currently experiencing.
As the Biden Administration blames high prices on greedy industries and “Russia bad,” this is little more than a distraction from the actual perpetrator. Nevertheless, the left continues to attribute soaring costs on businesses making “too much profit.”
While these corporations are not innocent in this debacle, the role of America’s central bank is far more insidious. As government spending has skyrocketed over the last two years, they have financed their massive expenditures by stealing value from your savings by printing more money through the central bank.
Instead of reining in their spending and trying to quell this fiscal nightmare facing the United States, Congress decided the solution to the problem is giving themselves more money — an historic amount more — and they are patting themselves on the back for it, too.
House Majority Leader Steny H. Hoyer (MD-05) and House Democratic Caucus Chair Hakeem Jeffries (NY-08), released a statement this month in which they literally applauded a massive 21 percent increase in pay for their offices. Not since 1996 has Congress passed such a monumental increase.
Naturally, this 21 percent raise was tucked neatly away in the $1.5 trillion spending bill somewhere inside the 2,700 pages that not a single member of Congress read.
Worry not, however, as we are told by Hoyer and Jeffries that this 21 percent increase is needed to “promote a more diverse workforce” and help in “retaining the best and brightest to help us serve our constituents.”
According to the congressmen, they have been unable to retain employees for longer than three years as those employees quickly leave for the private sector after that time. Lawmakers claim that paying them more will stop this attrition, but history tells us it won’t do a thing.
The phenomenon of government employees abandoning their jobs for the private sector happens so often that there is a term for it. It’s called the “revolving door.” No matter how much you pay a government official, the temptation to exploit the connections made while inside the system is too great, and hundreds of politicians and bureaucrats alike flock from First Street to K Street.
The promise of a lucrative job in the private sector is incredibly influential to staffers and politicians alike. Public officials-turned-lobbyists have access to lawmakers and insider relationships that are not available to others. And, that access can be sold to the highest bidder among industries seeking to lobby.
This is not a secret nor a conspiracy theory. This revolving door is one of the main drivers of corruption and the reason why corporations push through laws, not we the people.
This is why Congress can vote themselves millions more dollars a month as Joe Sixpack struggles to fill up his car to go to work.
Even more insidious is the fact that the US is in the midst of a debt crisis and their only solution to it seems to be printing more money to fund their extravagant budgets.
However, when you print more money it means there are more dollars chasing the same amount of goods and services, which causes prices to rise like we are currently seeing. In just the past three fiscal years, federal spending has swollen to nearly $7 trillion a year, up from about $4.4 trillion in fiscal year 2019. Spending was $6.6 trillion in 2020, and $6.8 trillion in 2021.
If we want to put this into perspective, we can take a look at the monetary supply at the beginning of 2020, which showed just $4.0192 trillion in circulation. By January 2021, that number had jumped up to $6.7 trillion — but this was only the beginning.
By November of last year, that number climbed to $20.354 trillion dollars in circulation — meaning that since January 2020, the United States has printed nearly 80% of all US dollars in existence.
This is according to the Board of Governors of the Federal Reserve System and not some conspiracy theory either. See the chart below.
Not coincidentally, the Consumer Price Index (CPI) which tracks the cost of everyday items has seen a similar increase. It’s shot up a whopping 7 percent over the past year, the biggest increase in almost 40 years. Gas is up by almost 100 percent, beef is up 40 percent and furniture by 11 percent.
But fret not America, Congress is helping to promote a more “diverse workforce” to get us out of this mess and it will only cost your children’s children another $1.5 trillion. If expensive gas is hurting your pocketbook, just buy an electric vehicle.
Pete Buttigieg suggests people should buy an electric vehicle if they are worried about high gas prices. pic.twitter.com/ioqKoWzcnF
Source: The Free Thought Project
February 21st, 2022
Peter Schweizer, author of Red-Handed: How American Elites Get Rich Helping China Win, weighed in on the prospect of House Minority Leader Kevin McCarthy (R-CA) taking over as majority leader and launching investigations into the origins of the coronavirus.
Schweizer told “Huckabee” host Mike Huckabee that he hopes McCarthy launches investigations and that the committees looking into the cover-up have subpoena power.
He pointed out that House Speaker Nancy Pelosi (D-CA) used to be critical of the Chinese Communist Party but has been silent and refused investigations into the virus’ origins now that “she and her family have strong financial ties in China.”
“The COVID investigation, to me, is particularly important,” Schweizer said. “I mean, it’s been now more than two years — COVID’s happened. In the House of Representatives, Nancy Pelosi has refused for there to even be a committee hearing on the origins of COVID. There’s not been one committee hearing to say, ‘Hey, maybe we should discuss to see where it came from.’ And honestly, I think one of the reasons, as I point out in the book, is she and her family have strong financial ties in China. Her husband and son have both done deals there. And she’s really pivoted. She used to be quite critical on Beijing on human rights. That has changed almost entirely.”
“So, if McCarthy comes in, I hope that those investigations happen and he has the power with some congressional committees to actually issue subpoenas. So, how about we have subpoenas and have Hunter Biden and others actually testify under oath about what’s going on,” he added.
Jack Davis, The Western Journal
February 9th, 2022
House Speaker Nancy Pelosi of California supports passing a ban on trading in individual stocks by members of Congress, according to a new report.
According to the New York Post, Pelosi said on Dec. 15 that members of Congress should be able to trade in individual stocks.
“We’re a free-market economy,” Pelosi said. “[Members of Congress] should be able to participate in that.”
She added that lawmakers need to disclose stock market purchases and actions when they take them.
“We’re a free-market economy,” Pelosi said. “[Members of Congress] should be able to participate in that.”
She added that lawmakers need to disclose stock market purchases and actions when they take them.
“I just don’t buy into it, but if members want to do that, I’m OK with that,” Pelosi said last month, according to NPR.
She said disclosure laws provide the needed level of transparency.
“I have great confidence in the integrity of my members,” Pelosi said.
But Pelosi has become a lightning rod for this issue due to stock trading done by her husband, Paul.
According to disclosures, Paul Pelosi purchased between $1.75 and $3.6 million worth of call options between Dec. 17 and Dec. 22 for companies including Google, Salesforce, Roblox and Disney.
The largest purchases were between $500,000 and $1 million for Google and between $600,000 and $1.25 million for Salesforce.
Further, dozens of members of Congress have been cited as violating the Stop Trading on Congressional Knowledge Act of 2012 by not disclosing their financial trades. There were 55 members who failed to properly report their trades, Insider reported.
The STOCK Act was passed to limit potential conflicts of interest and to encourage congressional members to be transparent about their personal finances.
Democratic Sens. Jon Ossoff of Georgia and Mark Kelly of Arizona, along with Missouri Republican Sen. Josh Hawley, have reintroduced the legislation to ban congressional stock trading, Newsweek reported.
“Year after year, politicians somehow manage to outperform the market, buying and selling millions in stocks of companies they’re supposed to be regulating,” Hawley said in a statement.
“Wall Street and Big Tech work hand-in-hand with elected officials to enrich each other at the expense of the country.”
Axios, citing Punchbowl News, said the STOCK Act and other ethics laws will face a revision. But despite agreement on the broad outlines of legislation, the details remain to be filled in.
Differing versions of the legislation to be considered exist.
Some would ban spouses from trading in individual stocks, which would directly impact Pelosi. Other versions allow lawmakers to hold stocks in trusts composed of multiple stocks, while other versions would require lawmakers and spouses to put all of their investments in a blind trust.
This article appeared originally on The Western Journal.
January 31, 2022
A new poll reveals that only 20 percent of Democratic Capitol Hill staffers believe that House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer should remain as leaders of the party after the 2022 midterm elections.
In a survey from Punchbowl News, senior staffers on Capitol Hill anonymously revealed that aides from both parties were open to a change in leadership.
The poll found that a whopping 62 percent of Democratic staffers said Democratic leadership should change no matter the outcome of the midterms.
The survey found:
Another 17 percent said Democratic leadership should only be switched if Democrats do poorly in the midterms.
And finally, 20 percent said Pelosi and Schumer should stay.
That compares to 28 percent of Republican aides who said the party’s leaders – House Minority Leader Kevin McCarthy and Senate Minority Leader Mitch McConnell – should be replaced regardless of the GOP’s performance in the midterms.
Republicans need a net gain of 5 seats to regain the House majority in the midterms next November.
House Democrats and senior members are pressing rank-and-file members who have announced they will step down this year ahead of what is expected to be a brutal midterm election cycle for the party to stay in their races no matter how stiff the political headwinds.
Members who have announced they will step down are being asked to run for reelection as Democrats hope to stave off what many expect to be a major Republican wave as Joe Biden’s approval ratings continue to tank and Kamala Harris remains equally unpopular amid rising inflation, a chaotic border, and foreign policy crises.
“I talked to him a couple of weeks ago, and I said, ‘Please reconsider.’ Nobody had joy when Ron Kind announced he was not going to run,” Missouri Democrat Rep. Emanuel Cleaver said.
Meanwhile, Rep. Lou Correa (D-Calif.) also said he has spoken with several Democrats asking them to rethink their retirement decisions, though he added that none of them planned to reconsider.
Correa said he spoke to several members about rethinking their retirement announcements, though none would reconsider. “It’s clear by the time they announce that they made their decision,” he said.
He blamed the hyperpartisan climate on Capitol Hill, but in fact, most retirements that occur ahead of midterm elections come from members of the party expected to lose control of one or both chambers.
“Most of them think it’s just too much battle up here,” Correa said. “I mean, I asked myself the same thing three weeks ago. Do I run for reelection?”
“That wouldn’t surprise me if that’s the kind of thing that’s happening,” a House Democrat aide said. “It’s also the perspective of [Democratic National Congressional Committee Chair Sean Patrick Maloney] or whoever else is making those asks that if they’re fans of those people and they had success, it makes total sense that they’d want them to stick around.”
Some far-left Democrats are planning on targeting other members of their party who they believe are not left-wing enough.
“We need strong progressives in Congress to have some sort of counterweight and leverage against the conservative, corporate-backed Democrats who are an obstacle to delivering results,” said Waleed Shaheed, a spokesperson for the left-wing group called Justice Democrats.
A bipartisan group of more than two dozen lawmakers in the House is demanding that Speaker of the House Nancy Pelosi (D-Calif.) allow a vote on a bill that would bar members of Congress from trading on the stock market, which critics say is inappropriate due to Congress’ inside knowledge on financial and political affairs.
The demand was made in a Jan. 24 letter spearheaded by Rep. Jared Golden (D-Maine). A total of 27 lawmakers signed Golden’s petition, including 25 Democrats and two Republicans.
In the letter’s opening line, the coalition demands that Pelosi “swiftly bring legislation to prohibit members of Congress from owning or trading stocks.” Two bills that would do just that, the “Ban Conflicted Trading Act” and the “TRUST In Congress Act,” have been sitting in congressional limbo.
The responsibility to bring them out of this limbo lies largely with Speaker Pelosi, but she has thus far made no effort to bring either bill to the floor for a vote.
Golden argued that such a ban would be a “common sense measure” that is “supported by Americans across the political spectrum.”
A recent poll vindicates this latter claim.
The poll, conducted by the conservative group Convention for States Action in conjunction with Trafalgar, found that more than three-fourths of Americans believe that lawmakers have an “unfair advantage” over others in the stock market.
Speaking on the poll results, Mark Meckler, president of Convention of States Action, said, “Congress has a history of passing laws that make it appear as if they are behaving ethically, while continuing to do things that are not honest nor ethical. This issue has received a lot of attention, and this data verifies the American people want this practice to end once and for all.”
This issue has a storied history in Congress.
In 2012, Congress passed the STOCK Act, a bill that required members of Congress to publicly disclose their financial transactions. However, a recent investigation by Insider found that a laundry list of lawmakers in both the House and Senate had violated the provisions of that law.
In view of this, the lawmakers write, “It’s clear the current rules are not working.”
In another recent example of potential insider trading, several members of Congress allegedly sold off stock ahead of the crash precipitated by the CCP (Chinese Communist Party) virus. These members had received nonpublic briefings on the developing virus, leading many to believe that their sudden stock sales were carried out on the basis of this knowledge.
“The law prohibits only those stock trades that members of Congress make or direct because of their nonpublic knowledge,” Golden explains in his letter.
“But it can be nearly impossible to determine what counts as ‘nonpublic knowledge’ or how personally involved members are in their stock trades.”
“Instead,” the lawmakers demand, “Congress should close these loopholes by simply banning members from owning or trading individual stocks while in office.”
“We came to Congress to serve our country, not turn a quick buck,” the lawmakers continue.
“While there are many difficult questions facing Congress, this is an easy one,” the letter concludes. “Members of Congress should not be allowed to own or trade individual stocks. Let’s get this done.”
The letter is a rare show of bipartisanship, including a very unlikely alliance of America First conservatives and left-wing progressives.
The Democrat roster includes prominent progressives like Reps. Rashida Tlaib (D-Mich.) and Pramilla Jayapal (D-Wash.), who have both been outspoken in favor of sweeping institutional reforms and pricey social spending bills.
The two Republican signatories are Rep. Matt Gaetz (R-Fla.), a Trump-adjacent Floridian who has fought against government measures that give an unfair advantage to major corporations or the ultra-wealthy, and Rep, Brian Fitzpatrick (R-Pa.), a longtime moderate who joined Democrats in passing the $1.2 trillion infrastructure bill in late 2021.
Speaking on the letter, Gaetz quipped that “Rashida Tlaib and I don’t often agree. But when we do,” he added, “America should totally go that direction.”
However, not all lawmakers feel the same way about a stock market ban.
Most prominently, Speaker Pelosi made it recently clear that she thinks lawmakers should have access to the market.
During a mid-December press conference, just after Insider released its report on violations of the 2012 STOCK Act among members of Congress from both parties, Pelosi was asked whether a stock ban for members of Congress would be appropriate.
“No,” Pelosi responded quickly. “We have a responsibility to report [our trades] … [and] if people aren’t reporting, they should be.”
Further pressed to explain her “no,” Pelosi argued, “Because we’re a free market economy. [Members of Congress] should be able to participate in that.”
Pelosi has had her own scandals in regards to trading by her husband Paul Pelosi.
In 2008, Paul Pelosi bought $2 million of stock in Visa at the same time that Congress was considering a bill that would have seriously undercut the debit and credit card giant’s profits. Though the bill had gained momentum, it inexplicably stalled and died in the House.
Because Pelosi was speaker at the time many, including NBC’s 60 Minutes in a 2011 episode, speculated that there was a connection between Pelosi’s trade and the bill’s sudden collapse.
More recently, Paul Pelosi made a bullish bet in favor of Google parent company Alphabet, just as a bill designed to undercut tech monopolies was gaining significant momentum in the House. While others pulled out over fears about the antimonopoly bill, Pelosi’s unlikely bet paid off, netting the Pelosis a cool $5 million.
In fact, Pelosi’s portfolio has seen such spectacular returns that would-be investors on the Chinese-owned social media platform TikTok began to follow Pelosi’s releases and emulate his trades.
Rep. Dan Crenshaw (R-Texas) has also defended stock trading by sitting members of Congress.
According to a report by Unusual Whales, Crenshaw received the fifth-highest returns of any member of Congress for his stock trading in fiscal year 2021. During an appearance on the All American Savage Show podcast, Crenshaw discussed the returns and his position on congressmen trading on the stock market.
The host asked Crenshaw whether he thought that sitting members of Congress should be allowed to go into the stock market.
“I think it would be fine if you banned individual stock trading,” Crenshaw said, before clarifying, “Notice I said ‘individual stocks.’”
The Texas Republican explained that while he would accept bans on buying and selling individual stocks, he thinks that congressmen should still be allowed to invest in ETFs and similar stock collections.
“I’m kinda neutral on it,” Crenshaw continued. But if such a ban were put in place, Crenshaw claimed, “no one would run for Congress because you have no way to better yourself.”
Ultimately, the decision to bring a stock trading ban to the floor lies with Speaker Pelosi.
Still, the bipartisan support for Golden’s Monday letter indicates that members on both sides of the aisle remain committed to moving the agenda forward.
If brought to the floor, either of the two bills proposed to address the situation would represent the most substantial stock market reforms for a decade.
However, the coalition behind the reforms remains small, and more support in both the House and Senate, plus Pelosi’s acquiescence to bring either bill to the floor, will be needed for the reform to have a shot at making it to President Joe Biden’s desk.
January 14th, 2022
Paul Pelosi Jr., the son of House Speaker Nancy Pelosi, has reportedly been linked to at least five business entities under investigation by authorities for alleged fraud.
The 52-year-old Paul Pelsoi Jr., the only son of Nancy and Paul Pelosi Sr., was hired by several firms that were subject to both federal and state probes, and meanwhile has “connections to a host of fraudsters, rule-breakers and convicted criminals,” although he has never been charged himself, according to DailyMail.com.
The website reports that in February 2007, Pelosi Jr. was hired as senior vice president by Omaha-based InfoUSA, a database marketing company that was investigated by the Iowa Attorney General’s Office several years earlier for allegedly selling consumer data to fraudsters.
The data was then used to scam sick and gullible elderly people out of money, it was alleged. The investigation was closed and no arrests were made. Pelosi Jr., who was paid a salary of $180,000 per year, joined the firm after the probe ended.
InfoUSA was founded by Vin Gupta, a major donor to former President Bill Clinton. The Associated Press reported that Gupta and his company were investigated by the Securities and Exchange Commission in 2007.
The probe was launched after Gupta was sued by shareholders who allege he misused company funds to fly Bill and Hillary Clinton on private corporate jets.
In 2010, the SEC charged Gupta and two others for “funneling illegal compensation to himself in the form of perks worth millions of dollars.” The case was eventually settled. Gupta did not admit or deny the allegations.
in 2009, Paul Jr. co-founded Natural Blue Resources Inc, an investment company whose stated mission was to “create, acquire, or otherwise invest in environmentally-friendly companies, including an initiative to locate, purify, and sell water recovered from underground aquifers in New Mexico and other areas with depleting water resources.”
But the SEC alleged that the company was secretly run by two convicted fraudsters — James E. Cohen and Joseph Corazzi. In 2014, the agency brought fraud charges against Cohen, Corazzi, former New Mexico Gov. Toney Anaya, and a former executive at the company, Erik Perry.
While Cohen and Corazzi claimed to be “outside consultants,” they in fact controlled the company “without disclosing their past brushes with the law to investors.” Pelosi Jr. reportedly owned more than 10 million shares of the company.
The SEC suspended trading in Natural Blue stock. Pelosi Jr. was never charged. According to DailyMail.com, the SEC acknowledged he did not play a “meaningful role” in one of the firm’s key transactions and even testified in court against those who were indicted.
The SEC also said that Pelosi Jr. “strenuously objected” to proposed fundraising contracts and was ousted from the board by Cohen and Corazzi.
Perry and Anaya both reached a settlement with the SEC.
In October 2013, Pelosi Jr. joined FOGFuels, a biofuel company. Just prior to his being named vice president, the company founder, Paul Marshall, was charged by the SEC for allegedly stealing $3 million from elderly investors.
Marshal was accused of using the money “to pay for a variety of…personal expenses, including luxury vacations, child support and alimony payments, and private school tuition and camps for his children.”
FOGFuels was dissolved in 2015. Three years later, Marshall was sentenced to six years in federal prison. He was given a reduced sentence after cooperating with the FBI in a separate bribery case involving an official in Atlanta.
In 2014, Pelosi Jr. was named independent director at Targeted Medical Pharma, a Los Angeles-based firm. Seven months after his hiring, he quit the company. A year later, the Food and Drug Administration accused Targeted Medical Pharma of testing drugs on people without authorization, according to DailyMail.com.
The company was not subject to further legal action. It insisted that the investigation by the FDA was due to a “clerical issue.”
In the fall of 2014, Pelosi Jr. became “business development executive” of the Corporate Governance Initiative. An SEC filing stated that CGI was a “non-profit group” focused on “transparency, capitalism and building sustainable organization[s].””
In December 2015, Pelosi Jr. was promoted to the position of executive director. During his time at CGI, he reportedly established ties with Asa Saint Clair, a New York-based executive who was accused of running a cryptocurrency scam through his charity, the World Sports Alliance.
The Department of Justice alleged that World Sports Alliance was a “sham affiliate of the United Nations.”
“Saint Clair allegedly defrauded investors in IGObit, a digital currency he claimed WSA [World Sports Alliance] was developing, but which turned out to be the fraudulent bait with which to lure victim investors,” the federal prosecutors alleged.
Saint Clair, who was charged with wire fraud, has pleaded not guilty. He faces up to 20 years in prison if convicted.
Pelosi Jr. endorsed the fake cryptocurrency on its website in January 2018, according to DailyMail.com, writing: “IGOBit is the absolute best offering I have ever seen.”
He has never been charged in connection with IGOBit or Saint Clair.
In July 2016, Pelosi Jr. became a senior adviser at Oroplata Resources, a lithium mining company.
A month before coming on board, Oroplata executives allegedly issued $26 million worth of fraudulent shares and then awarded some of them to themselves and others without board approval.
The allegation was made in a civil lawsuit filed in Nevada in 2018.
Pelosi Jr. is reported to have received 2.8 million of the allegedly fraudulent shares in July 2016, according to DailyMail.com.
Court documents cited by DailyMail.com show that Pelosi Jr. bought the shares for $2,800 — even though the real market value was between $4,228,000 and $5,152,000.
The fraud was allegedly masterminded by Roger Knox, a Swiss asset management firm owner, who was convicted for a “pump-and-dump” scheme totaling $164 million.
Oraplata was one of several firms entangled in Knox’s fraud, according to federal prosecutors.
Knox pleaded guilty two years ago. He faces a prison sentence of up to 20 years as well as possible fines totaling some $5 million.
Pelosi Jr. was not named in the civil lawsuit or in the federal complaint against Knox.
On his LinkedIn page, Pelosi Jr. makes no mention of his prior positions at InfoUSA, Natural Blue Resources, FOGFuels, Targeted Medical Pharma, CGI, and Oroplata Resources.
His LinkedIn page currently lists Pelosi Jr. as strategic adviser to EVSX, an eco-mining and recycling company based in Quebec, Canada.
Last month, Nancy Pelosi revealed in filings that she and her husband made as much as $30 million in stock trades involving Big Tech firms.
The financial windfall has spurred lawmakers from both parties to push forward legislation that would ban members of Congress from trading in stocks.
Pelosi, the powerful Democrat who represents San Francisco, has been accused of profiting off companies which she is responsible for regulating.
Pelosi is one of the richest members of Congress, with an estimated net worth of more than $106 million, according to an analysis by The Post.
That’s an average of the maximum and minimum estimated value of her assets and liabilities — the methodology used by the Center for Responsive Politics — using her most recent financial disclosure from August, which pegs the maximum at $252 million and the minimum at $40 million underwater.
Pelosi’s husband, Paul Pelosi, is a businessman who runs the venture capital and investment firm Financial Leasing Services and has made countless bets on high-profile companies his wife is supposed to regulate, like Amazon, Apple, and Google.
When asked last month whether the opportunity to profit on trades could create a conflict of interest, the speaker flatly said “no” to the idea of supporting a ban on trading individual stocks.
“We’re a free-market economy,” Pelosi told reporters. “They [members of Congress] should be able to participate in that.”
January 9th, 2022
First of all, lets’ address the elephant in the room…
Whoever drew Nancy’s eyebrows on the middle of her forehead needs to be fired.
Now that we have that out of the way, let’s talk about why; when Speaker Pelosi was asked if Democrats have any plans to ask working Americans to put forth even more of their hard-earned dollars to address COVID, she was only able to only talk about tests, masks, vaccines and a new term “spacial distancing.”
Watch Face the Nation host Margaret Brennan ask Nancy Pelosi about asking for more than the $6 trillion they’ve already bilked from the American taxpayer in their upcoming spending bill:
Americans should know that as long as they’re in the majority, Democrats will never stop using the COVID pandemic as an excuse to extort more money from them.
It’s all about using fear to achieve their goals
If Democrat leadership can keep Americans paralyzed with fear over the Wuhan virus, they will not only drain our bank accounts dry but will also be able to use fear of COVID as a tool to pass their horrific HR1 (vote cheating) bill. The HR1 “voting rights” bill is designed to make the fraudulent practice of absentee mail-in-voting permanent, essentially ensuring America will never again have free or fair elections. The key to passing their corrupt “voting rights” bill that strips states of their ability to create and enforce their voter laws is to convince the American public that voting in person creates a serious health risk. So far, COVID has been the perfect excuse.
As top doctors around the world express hope that the weakened, but highly contagious Omicron variant infecting both the vaccinated and unvaccinated, could bring the pandemic to the endemic stage, Democrats are putting the pedal to the metal on the corrupt universal mail-in voting HR1 bill.
Democrats know this is their last chance before the 2022 mid-term elections to scare Americans into staying home. The reality is, Nancy’s goal isn’t to take more of our money, at least not right now—she just wants to keep you frightened into accepting the Democrat’s voter cheating bill. The money grab comes later—once the Democrats use their “voting rights” bill to ensure they maintain a majority in the House and Senate again.
January 9th, 2022
OPINION: This article contains commentary which reflects the author’s opinion
One Democrat senator, the youngest in the Senate, has come against House Speaker and California Rep. Nancy Pelosi on her recent comments about stock trading.
Democrat Georgia Sen. Jon Ossoff wants to ban members of Congress from being able to trade stocks when they are in their elected positions, The New York Post reported.
The Ossoff ethics bill, which the Democratic freshman Senator plans to introduce once he finds a Republican co-sponsor, would crack down on conflicts of interest by making it illegal for lawmakers and their families to trade stocks while in office, a Washington, D.C. source close to the situation said.
It would also likely require lawmakers put their assets in blind trusts — a step that the 34-year-old Ossoff completed himself months after being elected in January 2021.
No Senate Republicans appear to have publicly come out against congressional stock trades, so Ossoff may have trouble finding a co-sponsor in the Senate. But Republican support in the House is more likely, since several GOP House members including Texas Reps. Michael Cloud and Chip Roy have come out against the practice.
Another proposal to curb Congress trades, the Ban Conflicted Trading Act, was introduced in the Senate in March by four Democratic Senators including Sen. Jeff Merkeley of Oregon and Ossoff’s fellow Georgia freshman Raphael Warnock. It also has an accompanying bipartisan House version backed by Rep. Alexandria Ocasio-Cortez (D-NY) and Roy, among other Democrats and Republicans.
But that legislation would only ban members of Congress and their staff from trading, which means that the husband of the House Speaker would be allowed to continue to trade stocks.
“As Speaker Pelosi’s recent transactions make clear, decisions made for the people should be separate than decisions made for personal enrichment,” Republican Rep. Chip Roy said.
“These lawmakers are just out of touch with how normal people view the situation,” Arizona Republican Senate primary candidate Blake Masters said. “Members of Congress should not be buying call options on Big Tech companies they’re in charge of regulating, that is ludicrous.”
The New York Post said that the Pelosi family has made a fortune on stocks.
And the Pelosis’ overall portfolio — which has also included companies like Disney and Roblox — beat the S&P 500 by 4.9 percent in 2019 and a whopping 14.3 percent in 2020, according to data crunched for The Post by FinePrint, an outfit pushing for greater transparency of financial holdings on both sides of the aisle.
The Pelosis’ exposure to tech stocks, however, may have actually hurt them in 2021, when their portfolio underperformed the S&P 500 by 15.5 percent, according to FinePrint.
When asked whether the opportunity to profit on trades could create a conflict of interest, the speaker has flatly said “no” and has rejected the idea of a ban on trading individual stocks. Pelosi spokesman Drew Hammill did not dispute The Post’s findings that Paul Pelosi has generally outperformed the market but insisted that the trades are not an issue.
“The Speaker does not own any stocks,” her spokesman said. “As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions.”
Walter Shaub, who was the director of the United States Office of Government Ethics for former Presidents Obama and Donald Trump, said that her defense is “absolutely insulting.”
“The idea that the stocks are in her husband’s name is a complete red herring,” he said. “Unless members of Congress are willing to wear microphones around the clock when they’re having dinner with their spouses and going to bed, the public has no way of knowing what information they intentionally or inadvertently shared.”
“We should be held to a higher standard,” Republican Rep. Michael Cloud said. “When the public sees people in office profiting off [stock trading] when they’re struggling, it does a great disservice to everything that this nation should be about.”