Latest news with #PaulPelosi
Yahoo
6 days ago
- Politics
- Yahoo
Nancy Pelosi Reveals The Cold Truth About Why Republicans Won't Cross Trump
Former House Speaker Nancy Pelosi (D-Calif.) on Wednesday exposed why the Republican Party is so afraid of defying President Donald Trump, referencing a harrowing event her family experienced. In an interview with SiriusXM's Zerlina Maxwell, Pelosi said many GOP members of Congress worry they could be attacked in the same way her husband, Paul, was assaulted inside the couple's San Francisco home nearly three years ago. 'That's what they're afraid of,' she said. 'They don't want their children threatened, their families threatened, their lives in jeopardy because they speak out against him.' David DePape broke into the Pelosis' home in October 2022 looking for the then-House speaker who was not there. The intruder went on to beat Paul Pelosi with a hammer, fracturing his skull. DePape, who had a track record of embracing right-wing conspiracy theories, was sentenced to life in prison without parole in state court in October of last year on top of a 30-year-sentence he got in the federal case against him. Pelosi told Maxwell that she finds it astounding that congressional Republicans 'would be so ignoring of the institution that they represent,' raising little to no opposition to Trump's demands, accusing them of abandoning their constitutional duty to serve as a check to the executive branch. Still, Pelosi seemed to concede that it was understandable that many would have reservations about speaking out against him given that Trump could seek revenge from them, including by using the Department of Justice and the FBI to launch baseless investigations against them. 'There's real justification for fear, because Trump is just ruthless in how he's going after those who do not agree with him,' Pelosi said. The former speaker also singled out current House Speaker Mike Johnson (R-La.) when she was asked to comment on Trump supporters' anger with the administration over its handling of the Jeffrey Epstein files. The DOJ and the FBI released a memo earlier this month noting that there was no evidence to suggest the disgraced financier was murdered or that he kept a client list to blackmail people. Pelosi suggested that she found it surprising that Johnson, one of Trump's staunchest allies, seemed to break with Trump on the issue. Johnson 'has done everything Donald Trump has asked him to do, to the horror of all of us who care about not only the people we serve, but the institution we serve in,' Pelosi said. Johnson on Wednesday claimed his comments to conservative podcaster Benny Johnson, calling for the release of all files on Epstein, were 'misrepresented,' adding that there was no daylight between him and Trump. Related... Republicans Again Kneel Before Trump, Giving Up More Powers
Time of India
23-06-2025
- Business
- Time of India
Nancy Pelosi outperforms major hedge funds with jaw-dropping gains in 2024, leaves Wall Street pros in the dust
Nancy Pelosi, Rep. Nancy Pelosi (D-California), and her spouse, Paul Pelosi, have been making some quiet waves on Wall Street and have accumulated investment gains that outperform every large hedge fund and the S&P 500, as per a report. Nancy Pelosi and Husband's Net Worth New financial filings disclose that the pair's net value rose to about $413 million in 22024 from $370 million in 2023, as per the New York Post. While legislators are required to disclose only net worth ranges, a market research company such as Quiver Quantitative estimated that the Pelosi portfolio is at about $257 million based on daily stock values it tracks, which is a $26 million jump from 2023, according to the report. Diverse Business Ventures Add to Fortune However, the couple's net worth would be much higher than that because of their other ventures, which include but are not limited to a Napa Valley winery, ownership in a political data and consulting firm and a stake in a Bay area Italian restaurant, reported the New York Post. ALSO READ: US bombs Iran: Tehran sends chilling coffins message to Trump as fears of World War III rises Live Events Smart Trading Strategy in Paul Pelosi's Name But a massive portion of their fortune has come from a sizable stock portfolio and timely trades, all done in Paul Pelosi's name, as per the report. Bloomberg reported that the couple's investment portfolio has gained an estimated 54% return in 2024, which is more than double the S&P 500's 25% gain, and also beating every large hedge fund. A spokesperson told, 'Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions,' quoted the New York Post. Early 2025 Moves Signal More Gains The couple also started off 2025 with a good start as they bought call options in January for the then-little-known artificial intelligence health firm, Tempus AI, which has since inked a $200 million deal with AstraZeneca and doubled its stock price, reported New York Post. Nancy and Paul also took out call options for energy company Vistra, whose stock rose last month after it announced a $1.9 billion deal to acquire natural gas facilities across the country from a private equity firm, as per the report. FAQs How much did Nancy and Paul Pelosi make in 2024? They added between $7.8 million and $42.5 million to their net worth last year, as per New York Post. Is Nancy Pelosi directly involved in these trades? No, a spokesperson says she doesn't own stocks or participate in trading, and most activity is in Paul Pelosi's name, as per the report.
New York Post
21-06-2025
- Business
- New York Post
Pelosi added millions to net worth last year: report
She might be the She-Wolf of Wall Street. Rep. Nancy Pelosi (D-California) raked in between $7.8 and $42.5 million in 2024 — meaning her estimated net worth with venture capitalist hubby Paul Pelosi could now top out at $413 million, new financial disclosures showed. The staggering sum is an eye-popping jump from 2023, when financial disclosures showed the couple's net worth topping out at a possible $370 million. Advertisement 4 The Pelosi's added between $7.8 and $42.5 million to their net worth in 2024. Getty Images Pelosi's exact net worth is not known because lawmakers are only required to disclose ranges. Market research firm Quiver Quantitative, which estimates a single figure based on daily stock values it tracks, placed the pair's 2024 worth at $257 million — up $26 million from a year earlier. Advertisement But the value of their various other ventures — which include but are not limited to a Napa Valley winery, ownership in a political data and consulting firm and a stake in a Bay area Italian restaurant — mean Pelosi's worth could be far higher in the estimated range. A large chunk of the couple's fortune has come from a sizable stock portfolio and timely trades, all done in Paul Pelosi's name. The former House Speaker, who's so infamous for trading Missouri Rep. Josh Hawley named a bill after her, and her husband dumped 5,000 shares of Microsoft stock worth an estimated $2.2 million in July — one of their largest sales in three years — a few short months before the FTC announced an antitrust investigation into the tech giant. They also sold 2,000 shares — worth an estimated $525,000 — of Visa stock, less than three months before the credit card company was hit with a DOJ monopoly lawsuit. Advertisement 4 Some have nicknamed Pelosi the 'Queen of Stocks.' Getty Images for The Museum of Contemporary Art (MOCA) Their best trade though might have been exercising a call option in December they bought in late 2023 at an estimated premium of $1.8 million, allowing them to nab 50,000 shares of hot AI chip stock NVIDIA for $12 a pop — less than one tenth of its market price. In total the couple paid an estimated $2.4 million for the investment, which on paper is now worth more than $7.2 million. NVIDIA wasn't their only AI play of 2024. Advertisement The couple also paid between $600,000 and $1.25 million for a call option on California cybersecurity company Palo Alto Networks in February, the same week it was revealed the White House briefed lawmakers on a serious national security threat related to Russia. The shares rose close to 20% in the days after the move. 4 A bill aiming to ban lawmakers and their spouses from trading individual stocks was named 'The PELOSI Act.' Jack Forbes / NY Post Design The option allowed the pair to scoop up 14,000 shares of Palo Alto in December at a $100 strike price — half its trading value. The company has been crushing earnings over the past year and the investment is now worth around $2.8 million. But the Queen of Stocks did suffer one setback — when she and Paul Pelosi ditched 2,500 shares of former Department of Government Efficiency boss Elon Musk's Tesla in June, losing somewhere between $100,000 and $1 million on the trade. In all, their investment portfolio pulled in an estimated 54% return in 2024, more than double the S&P 500's 25% gain — and beating every large hedge fund, according to numbers in Bloomberg's end-of-year tally of hedge funds' returns. 4 Pelosi and her good fortune have been at the center of arguments about why Congress shouldn't be allowed to trade stocks. Ron Sachs – CNP for NY Post The formidable profits come amid growing calls to ban Congress from trading individual stocks, arguing lawmakers have access to market-moving information ahead of the public. Advertisement Pelosi in the past rejected calls for a ban, stating 'we're a free‑market economy.' She has since softened her stance in the face of growing criticism. When asked in May whether Congress should pass a trading ban, she replied, 'If they do, they do.' 'Speaker Pelosi does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions,' a spokesperson told The Post. The couple is already off to a rocking 2025. Advertisement In January, they bought call options for then-little-known artificial intelligence health firm, Tempus AI, which has since inked a $200 million deal with AstraZeneca and doubled its stock price. The couple also took out call options for energy company Vistra — whose stock climbed last month after it unveiled a massive $1.9 billion deal to acquire natural gas facilities across the country from a private equity firm, citing rising US power demand.
CNN
16-06-2025
- Politics
- CNN
Mike Lee, prominent Republicans leap to baseless claims about political violence – again
If there was a telling recent moment when it comes to how ugly our political discourse has become, it might well have been the brutal 2022 hammer attack on Nancy Pelosi's husband, Paul. Soon after the attack on the then-82-year-old man, misinformation flowed about Paul Pelosi and the attacker, David DePape. But it wasn't just right-wing influencers leading the charge; it was also the likes of then-former President Donald Trump, Elon Musk and a coterie of prominent Republicans. These theories generally held or winked at the idea that the attack was a 'false flag,' and/or that Paul Pelosi had been engaged in a gay lover's quarrel – even as he was recovering from nearly being killed. These claims were baseless and highly suspect at the time, and they were ultimately disproven by audio and video evidence. Musk even offered a brief apology. But that episode did nothing to dissuade some observers from doing it again. And again. The lure of quickly politicizing a violent attack with misinformation and speculation has proven more tempting than being circumspect and sensitive about a tragedy. Some on the modern right apparently can't allow that someone on their side could be responsible for such violence, so they've again leapt to link the attacker to the other side with innuendo and falsehoods. Today's example deals with the shootings of two Democratic Minnesota state lawmakers. State Rep. Melissa Hortman and her husband were killed, while state Sen. John Hoffman and his wife are recovering at a hospital. Authorities are still piecing together evidence on a possible motive, but Democratic Minnesota Gov. Tim Walz has said the attack was a 'politically motivated assassination.' The suspect who has now been detained after a manhunt, Vance Boelter, had an apparent hit list of nearly 70 targets. The names on the list, which CNN obtained, are largely Democrats or figures with ties to Planned Parenthood or the abortion rights movement. A longtime friend, David Carlson, said Boelter is a conservative who supported Trump and opposed abortion rights. So much remains to be learned about what spurred the attack, and it's important to wait for more information before drawing definitive conclusions. These incidents are often carried out by disturbed individuals with no neat and tidy political motivation. But many on the right weren't about to wait for all that; they tried to attach the shooter to the left – and quick. They pointed to the fact that Walz in 2019 had appointed Boelter to the state's Workforce Development Board – a group of business owners who consult lawmakers. (The New York Post described Boelter in a headline as a 'former appointee of Tim Walz.') But such boards, which are numerous in Minnesota, are not particularly high-profile and generally feature a bipartisan cast of characters. Others suggested Hortman had been targeted because she in May spearheaded a compromise with Republicans under which undocumented adults would no longer be eligible for a state health care program. Hortman last week tearfully recounted voting for that compromise. But the other lawmaker victim this weekend, Hoffman, didn't vote for it. Still others pointed to flyers for the anti-Trump 'No Kings' protests this weekend that were allegedly found in Boelter's car, as if he supported those protests. Protest organizers canceled their events out of fear the protesters could be targeted. Despite the tenuousness of the evidence linking the attack to left-wing politics – and the more-compelling evidence suggesting the opposite – many prominent right-wing figures have quickly cast Boelter as an angry left-winger. Republican Sen. Mike Lee of Utah repeatedly suggested Boelter is not just a leftist but a 'Marxist' and linked him to Walz in an X post: 'Nightmare on Waltz Street.' Lee also wrote: 'This is what happens when Marxists don't get their way.' Musk, apparently unchastened by the Paul Pelosi situation, also promoted a post linking the shooter to the left, writing, 'The far left is murderously violent.' Republican Sen. Bernie Moreno of Ohio added in his own X post about the flyers: 'The degree to which the extreme left has become radical, violent, and intolerant is both stunning and terrifying.' Donald Trump Jr. on Monday wagered that that shooter 'went after someone that didn't just blindly follow Democrat radical leftist dogma.' He added: 'It's scary stuff, but it seems to all be coming from the left.' Influencers went even further, with some of the most prominent and recognizable ones suggesting without any evidence that Walz was somehow involved in the attack. 'Did Tim Walz have her executed to send a message?,' asked right-wing figure Mike Cernovich on X. While these claims have been much more prevalent and firm on the right, Republicans weren't the only ones leaping to conclusions. Democratic Sen. Chris Murphy of Connecticut said Sunday that the shooter 'appears to be a hate-filled right winger' and urged his side not to dance around 'MAGA's legitimization of political violence.' As noted, there is more evidence for this view than the inverse, but we still don't know a lot. Murphy has previously cautioned his side about the political perils of being too apolitical soon after school shootings, arguing it cedes the debate and allows people to move on from tragedy without addressing the problem. To be clear, these Republican lawmakers and conservative influencers aren't just suggestively raising questions – as their ilk often did with Paul Pelosi's attackers – they're suggesting this is a settled issue. The situation carries echoes of not just the Pelosi attack, but also other recent major acts of political violence in which the right, especially, has leapt to blame others using incomplete or bogus information. After the assassination attempt against Trump in Butler, Pennsylvania, last year, Republicans including Trump suggested a link to Democrats' rhetoric, despite the still-opaque picture of Thomas Matthew Crooks' politics and motivations. Some congressional Republicans suggested law enforcement deliberately jeopardized Trump – something that would be a massive scandal – without evidence. Many noted Crooks had once donated a small amount to a Democratic-leaning group, but that group has been criticized for misleading fundraising appeals. And Crooks later registered as a Republican and, according to CBS News, unsubscribed from the group's email list. After the January 6, 2021, attack on the US Capitol by Trump supporters, many on the right leapt to claim the attacks were somehow the result of provocateurs or even FBI agents. (Lee himself tweeted about a claim that one rioter was flashing a badge, when in actuality it appeared to be a vape.) There remains no evidence for these theories. A report by the Justice Department's inspector general last year found no undercover FBI employees were present on January 6 and that none of the FBI's confidential human sources present had been 'directed by the FBI to encourage others to commit illegal acts on January 6.' There's a real question here about how much of this leaping to conclusions is about prominent people getting caught up in fast-spreading misinformation, or whether there's a deliberate political strategy. Sharing such misinformation is a great way to win engagement and followers – and it also muddies the waters. Should we one day learn Boelter was indeed a MAGA supporter who targeted Democrats for political reasons, the seeds of doubt about that conclusion will have been planted and fertilized on the right at a crucial, very early stage. And the price of that is that incidents of political violence could serve to radicalize yet more people against their opponents – and often, the illusion of those opponents' violent tendencies. And there is evidence that Americans are viewing these incidents more through the lens of politics. When then-Rep. Gabrielle Giffords, a Democrat from Arizona, was shot in 2011, 71% of people in an NBC News poll said the attack was mostly about a 'disturbed person' rather than political 'rhetoric.' That number dropped to 46% for the shooting of Republican congressmen at a baseball practice in 2017, to 40% for the attack on Paul Pelosi, then to 37% after the Trump assassination attempt. Each of these circumstances were different. But the total picture is one of a country that instantly searches for political answers. And at this moment, one side of the aisle is particularly anxious to provide them – no matter how true they are.
Yahoo
19-02-2025
- Politics
- Yahoo
Paul Pelosi reveals he had a kidney transplant – and that daughter Jacqueline was the donor
Paul Pelosi, the husband of former House Speaker Nancy Pelosi, revealed that he underwent a successful kidney transplant after the couple's daughter donated the organ. The 84-year-old investment banker was released from USCF in San Francisco after undergoing surgery on Friday. Pelosi said he was 'endlessly grateful' to his daughter, Jacqueline, 53, who donated her kidney – and both are now resting under the care of Speaker Emerita Nancy Pelosi. Blood relatives are the most suitable organ donors due to shared genetic material, according to the National Kidney Foundation. 'We are deeply appreciative to the surgeons, physicians and medical team at UCSF for their excellent treatment and kindness,' Pelosi said in a statement. 'Under their guidance and the care of Nancy and our family, Jacqueline and I are on the path to a full recovery.' Last month, Nancy Pelosi said her husband is still suffering from medical issues resulting from a violent attack he suffered in October 2022 when an intruder broke into their San Francisco home. David DePape found Paul Pelosi and beat him with a hammer, leaving him with a fractured skull, and a left hand so damaged that it required multiple plastic surgeries to treat. 'It didn't end that day,' she told CBS's Face the Nation on January 5. 'My husband, being a victim of all that. And he still has injuries from that attack. So it just goes on and on and on. It isn't something that just happens, and then it's over.' Since his attack, Paul Pelosi has reported suffering dizzy spells and a new aversion to bright light and loud noise. DePape was sentenced to 30 years in prison in May last year. During his trial, he said he had been influenced by conservative conspiracy theories peddled by MAGA-aligned podcasters on YouTube – including baseless claims that the 2020 election was 'rigged' in the favor of Joe Biden, pushed by Donald Trump himself. He told the court that he believed that 'everything was a lie coming from the press' in its reporting on Trump. DePape also confirmed that Paul Pelosi was not his intended target during the trial and apologized for the attack.
