She also worked for Microsoft, and Western Digital as a consultant for Albright Stonebridge. "If the situation is that the public has lost so much trust in government that they think the stock trades of members are based on corruption, and that [following that] corruption could benefit [them]. She is also on the boards of numerous nonprofits including the Robertson Foundation for Government, the Ellen Johnson Sirleaf Presidential Center For Women & Development, the US Committee for Refugees & Immigrants. Watters condemned her policies, saying they're making it "harder and harder for average Americans to accumulate wealth," shackling them with taxes and "destroying the dollar with reckless spending.". /BaseFont /NAOVXP#2BGeorgia#2CBold Nancy Pelosi is well-known for two things: politics and designer shoes. Raimondo is a multimillionaire venture capitalist who is the beneficiary of not one but two family trusts. contributions may be completely unrelated to the organization. On June 17, Nancy Pelosis husband Paul Pelosi exercised options he had purchased a year earlier to purchase 20,000 shares of stock in semiconductor manufacturing company Nvidia at a price of $100 per share, according to a disclosure filed by the speaker. U.S. House Speaker Nancy Pelosi (D-CA) leaves a news conference about legislative efforts to lower gas prices, on Capitol Hill in Washington, U.S., April 28, 2022. Pelosis office did not immediately respond to a request for comment. Real quick We're one of the only outlets with a dogged focus on following the money, but we need your help to keep going. She also has 3 mortgages on residential properties worth up to a maximum of $450,000. accused Speaker Pelosi and her husband of cashing in through what he describes as arguably inappropriate stock trading activities. Nancy Pelosi denied that her husband has ever made trades using information she gave him during a July 21 press conference. Ella Fanger. Top Contributors and Industries. Graves Jr. is the Executive Vice President of KeyBank, an Ohio retail and corporate bank. >> Criswell is the Commissioner of the New York City Emergency Management Department, and was previously a consultant for the Cadmus Group, a consulting firm that advises public agencies and big corporations. donate, rather the money came from the organizations' PACs, That is why Congress and many states have mandated that candidates, political However, Paul Pelosi also trades stocks in big tech Silicon Valley companies, which has helped . Her ownership stake in Zenith strategies is worth between $50,000 to $100,000. Easterly was Managing Director of Morgan Stanley and sits on the board of the Morgan Stanley Foundation. But despite all the skepticism about politicians and their ethical standards, the evidence doesn't show that members of Congress make great stock pickers. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Market data provided by Factset. Nvidia shares traded at between $160 and $169 the following day when markets opened. Pelosi's dismissal of the idea of a stock purchase ban came in response to a question about a Business Insider investigative report this week on share ownership by lawmakers, and after. She owns $1k-$15k in stock in companies like Amazon, 10x Genomics, Guardant Health, Amazon, Cloudflare Netflix, Nvidia, Twitter, Uber, Zoom, and more. House Speaker Nancy Pelosi's husband, Paul Pelosi, purchased up to $2.1 million in Apple and Microsoft stock options in May, according to new personal financial disclosures filed with Congress . based on summary reports filed by the candidates with the Federal Election Commission. There's a deep cynicism that forms the foundation of a trading strategy based on mimicking the stock picks of lawmakers and their spouses: the notion that politicians are corrupt and that you can't trust them not to engage in insider trading so if the information is public, you might as well trade what they're trading. /Encoding /Identity#2DH She is a multimillionaire who owns stock in companies like Amazon, Facebook, Comcast, American Express, Disney, Honeywell, Boeing, Intel, and many more. Pelosi has been in Congress since 1987, when members were paid $89,500. The public filing system serves to prevent. But her . That math adds up to about $5.4 million, according to the post, which goes on to claim that Pelosis net worth is $196,299,990, The meme quotes Pelosi: Something is wrong with this picture.. FEC and listed quickly on OpenSecrets processing and analyzing the detailed records takes much longer. Joshua Comins is an associate editor for Fox News Digital. Speaker of the House Nancy Pelosi (D-CA) and her husband Paul Pelosi arrive for the 42nd Annual Kennedy Awards Honors in Washington, U.S., December 8, 2019. Ashton is a career federal worker so her disclosures do not show any income from outside sources. Pelosi bought 25 . And he sits on the boards of Attention (a mental health company), SVN Med and an advisor to L&N Baby (both are medical technology companies). "Shouts out to Nancy Pelosi, the stock market's biggest whale," said user 'ceowatchlist.' (AP Photo/J. The post claims Pelosi has been in office for 28 years, during which she earned $193,400 per year. Photo Credit: Vice Pres. Youngs financial disclosures do not list any retirement assets or investments at all, likely due to her current role as Staff Director of the US House Committee on Appropriations. Dylan Gyauch-Lewis She made $731,528 from CAP and an additional $68,381 from their Action Fund. Financial disclosures show that Pelosi has millions of dollars in real estate investments, business partnerships and stock holdings. Joe Biden, with Deputy Secretary of State Anthony Blinken, discuss partnerships with South Korean, Japanese representativesby#PACOMis licensed underCC BY-NC-ND 2.0. Facebook. One user called Pelosi the market's "biggest whale," while another called her the "queen of investing.". Our Ruling Multiple social. The Ethics in Government Act of 1978 requires high-level federal officials to publicly disclose their personal financial interests on OGE Form 278. She is also the President of Alliance for Peacebuilding, a nonprofit, and on the board of Digital Peace Now Society and Women in Action for Women. Julian Scoffield Here's Her reports have garnered growing attention amid a massive uptick in retail trading - as . Your California Privacy Rights/Privacy Policy. A Napa, California, home and vineyard the California. 2393. Greenfield is a Senior Vice President to the shadowy Albright Stonebridge Group as well as LTG Consultants. Meyer also owns stock in Apple, Microsoft, Chevron, Exxon Mobil, AT&T, Comcast and more. Delphin-Rittmon was the Commissioner of the Connecticut Department of Mental Health, an associate professor at Yale School of Medicine, and a board member of the National Association of State Mental Health Program Directors. Former House Speaker Nancy Pelosi (D-CA) and her husband Paul Pelosi ended the past year with a reported $2.5 million loss in stocks. He owns $1 million to $5 million in Boston Scientific stock, along with $1k-$15k in AbbVie, Abbott Laboraties, Bristol-Myers Squibb, Merck, FirstEnergy, and Pepsi stock. The Honorable Nancy Pelosi, Speaker of the House of Representatives. House Speaker Nancy Pelosi and her husband Paul have a net worth of at least $66.1 million and as much as $315.7 million, much of it tied up in real estate, according to her 2020 annual financial disclosure, filed on Aug. 13 by the Clerk of the House. While Pelosi was speaker, bills that would have hurt Visa's stock price were blocked in the House. Two days after Pelosi bought the stocks, the Senate voted to proceed to consider a bill that would provide about $52 billion in subsidies over the next five years to the U.S. semiconductor industry. Nice. and formats. @ceowatchlist; @quicktrades; @irisapp/TikTok Pelosi heckled in San Francisco: "Can you tell us why we have over $150 billion going to Ukraine when we have homeless on the streets in your own city". A Pelosi spokesperson said that she does not personally own any stocks and that the transactions are made by her husband. Where available, OpenSecrets uses that employer/occupation information to identify the donor's economic interest. The lag times vary for state officeholder data. After analyzing thousands of pages of 2020 financial disclosure reports (which are required for members of Congress), . U.S. House Speaker Nancy Pelosi's husband was revealed to have lost money as part of the disclosure process. Congressional financial. In June of last year, Mr. Pelosi exercised call options on Alphabet stockdays before a House committee vote on regulation of the largest tech companiesthat vaulted his holdings in the company up to between $5.5 million and $26 million. Since an April 7 hearing on congressional stock ownership by the Committee on House Administration, however, committee chair Rep. Zoe Lofgren of California has not released the legislative proposal that House Democratic leaders say they will support. Created with Sketch. We have a significant problem," said Kedric Payne, senior director of ethics at the Campaign Legal Center. Nancy Pelosi Status: Member State/District: CA12 filing information filing type: Annual Report filing year: 2019 filing Date: 08/13/2020 ScHeDule a: a SSetS anD "u nearneD" i ncome asset owner value of asset income type(s) income tx. employer. Escobari consulted for HP and Upwork, a freelancing platform where she is also a board member. DC Now on Josephs' social investing platform, you can get a push notification every time Pelosi's stock trading disclosures are released. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Why (and How) While summary numbers are reported almost immediately by the NPR reported how Senate Intelligence Committee Chairman Richard Burr privately warned a small group of well-connected constituents in February 2020 about the dire effects of the coming pandemic. motivation for each individual giver. The figure was calculated using the methodology of the Center for Responsive Politics for calculating the net worth of Congress members, which involves getting the average of the maximum and minimum estimated value of assets and liabilities. Icon/Facebook 1 Liabilities include multimillion-dollar mortgages on several properties and equity credit lines. U.S. House of Representatives, accessed March 15. But her salary from a 34-year career in Congress, including 18 years as minority leader and speaker, doesnt tell the whole story about the personal wealth she and her husband have built. Ross is a Senior Advisor to Nancy Pelosi so she has little work or finances reported on her disclosure form. In 2019, Pelosi's assets total up to a whopping $271 million and in 2020, those numbers went up even. 1 0 obj On March 19, Paul Pelosi exercised . To request permission for commercial use, please contactus. "I knocked out a very, very simple version of the project in like a couple of hours. Bronaugh was formerly the Commissioner of the Virginia Department of Agriculture and Consumer Services and other government affiliated agriculture groups. Alternate Names: Nancy D'Alesandro Pelosi, Nancy Patricia D'Alesandro, Nancy Patricia Pelosi, Federal and Congressional Communications Dashboard, Ex-Rep. John Sullivan (R-Okla.) registers as first-time lobbyist, Trent Lott's grandson finds his way to the Senate, Senate Budget Republicans add judicial-advocacy lobbyist, Sen. Whitehouse adds environmental lobbyist in Budget Committee climate-change fight, Lobbyist leaves K Street for Sen. Joe Manchin, LegiStorm has published preliminary staff lists for nearly all members-elect, LegiStorm adds second-quarter house salaries, expenses and vendor data, Congressional Record search and alerts are now available, LegiStorm expands privately funded congressional travel search capabilities, The GOPs Ukraine supporters begin to summon their voice, D.C. It also ignores that Pelosis husband, Paul Pelosi, owns and operates a San Francisco-based investment firm. Her 2018 financial disclosure form showed that the Pelosis' assets were based on a mix of "real estate, partnerships and blue-chip stockholdings, including Apple, Facebook, Visa and Walt Disney Co." PolititFact reckons her "maximum net worth is nearly $160million" after delving into her assets and liabilities in her portfolio. In other cases, the reason for the One of the recent financial disclosures filed by an influential Democratic lawmaker revealed that Nancy Pelosi's husband purchased up to $600,000 in Microsoft and up to $1.5 million in Apple stock. He Also was an attorney to major financial companies like Goldman Sachs, Morgan Stanley, Lone Pine Capital, Anchorage Capital Group, CIT Group, In-Q-Tel, OMERS Private Equity, Vector Capital, StoneX Group, Canadian Capital Management, Farallon Capital Management, and many, many others. reason, summary numbers are usually higher (and more current) than the numbers based on detailed records. First, we apply a code to the contribution, identifying the industry. No one was injured, and the other driver, who was not named, was not arrested. We're independent, ad-free, and reader-supported, so we count on your small donations. State requirements related to itemization thresholds and employment disclosures vary. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Today, as speaker, Pelosi earns $223,500. Granholm owns stock in energy companies like Duke Electric and other unscrupulous firms like Visa, Wells Fargo, Bank of America, Pfizer, Microsoft, and Apple. Sign up and stay up to date with our daily newsletter. Uzra is the owner of Zenith Strategies, a personal consulting firm she runs without having to share her clients. Nayak was Deputy Executive Director for the progressive National Employment Law Project and board member of United For Respects Education Fund (an anti-wall Street advocacy group). ", "In 2007, Visa worried the new Democrat Congress would target their swipe fees, costing them billions. As the California Democrat has risen through party ranks and obtained more and more political power, her personal wealth has risen right along with it. In recent years he's made big-money bets on companies his wife is supposed to. The numbers don't add up"). We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better. "After they got married, Paul opened up a real estate and venture capital firm. To request permission for commercial use, please contactus. Or in her case, not-so-nice (legendary plunging necklines notwithstanding). and unique way of understanding where candidates are getting their financial support. corporations and unions can give directly to campaigns in many jurisdictions. Schroeder was a professor at Duke University from 1979 to 2020. Adeyemo sits on the board of the liberal nonprofit, Demos, but was also chief of staff to Larry Fink, the CEO of the. %PDF-1.4 We have collected selected personal financial disclosures for high ranking officials across the following departments and agencies: Department of Agriculture Central Intelligence Agency Department of Commerce Department of Defense Department of Education Department of Energy Department of Health & Human Services Department of Homeland Security The following day when markets opened paid $ 89,500 a push notification every time Pelosi 's stock trading disclosures released. 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