Nancy Pelosi Reports Stock Trades, Loses $2.5 Million According to Financial Disclosure Forms. >>
", WATTERS: DEMOCRATS CAN'T CONTROL THE NARRATIVE WHEN PEOPLE ARE ALLOWED TO SPEAK FREELY ON SOCIAL MEDIA. That includes stock in Amazon and Apple that are each worth between $5 million and $25 million. Nancy Pelosi Is Raising Eyebrows Yet Again! Nancy Pelosi Representative (D - CA) Speaker First Election 1987 Next Election 2022 TOP INDUSTRY 2021 - 2022 Retired $5,546,521 TOP CONTRIBUTOR 2021 - 2022 University of California $64,835 Campaign Committee Fundraising, 2021 - 2022 Leadership PAC: PAC to the Future LAST REPORT: 12/31/2022 Top Contributors, 2021 - 2022 Top Industries, 2021 - 2022 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Share "The reason why Speaker Pelosi became so popular was because every trade she was making inevitably turned out to be such a long-term winner," said Josephs. 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. In 2018, a financial disclosure form showed a vast list of profitable investments, including impressive stock holdings in Walt Disney Co, Apple, Visa, and Facebook, as well as . Both investors and government watchdogs are interested in these trades because of the possibility that lawmakers could use the private information they obtain through their jobs for money-making investment decisions. As recently as Wednesday, Pelosi had strongly urged Romney to provide further disclosure of his tax returns. In the past month, Pelosi attracted attention once again with another well-timed stock sale. Today, as speaker, Pelosi earns $223,500. We just want to make money," he said. employer. Brooks-LaSure is a revolving door hire who became the. OConnells finances are relatively uncontroversial reflecting her position as the Director of the Coalition for Epidemic Preparedness Innovations. She also owns Microsoft between $50,000 to $100,000 stock and $1,000 to $15,000 in Duke Energy (an electric company). He has shares in companies such as Apple, Facebook, Walt Disney, Comcast, Microsoft, Nvidia, Amazon and the real estate group Russell Ranch. Washington, Sometimes it's hard to make apple-to-apple comparisons across some of the pages in a candidate's profile. Our Ruling Multiple social. In recent years he's made big-money bets on companies his wife is supposed to. Pelosi's estimated net worth of $171.4 million in 2021 was calculated by taking into account the ranges of all the individual assets and liabilities reported in her financial disclosure statement. Facebook. Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. Baker is a professor at Northeastern University, the cofounder of the Initiative for Energy Justice, and sits on the board of the Clean Energy Group, the Green Leadership Trust, the Solutions Project, and Solstice Solar. So what is her secret, asked Watters: "It appears to be her husband, Paul. endobj
But today, while maintaining Romney should release more documents because of. individuals may be classified instead as ideological donors. 2023 FOX News Network, LLC. /DescendantFonts [6 0 R]
Scott Applewhite). All rights reserved. More:Fact check: Nancy Pelosi's husband's investments unrelated to Joe Biden's executive order. One user called Pelosi the market's "biggest whale," while another called her the "queen of investing." Pelosi is hardly the only lawmaker making these stock disclosures. According to her disclosure in late December, Pelosi sold approximately 30,000 shares of Google stock just three weeks prior to the announcement of an anti-trust lawsuit against Alphabet, Google's parent company, by the Justice Department and eight . And that has got to come to an end," Krishnamoorthi said. 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.. She is a multimillionaire who owns stock in companies like Amazon, Facebook, Comcast, American Express, Disney, Honeywell, Boeing, Intel, and many more. assigned to all non-wage earning family members. As minority leader, Pelosi would have earned the $193,400 spelled out in the meme. Market data provided by Factset. Hes taken speaking fees from UBS. This means if you ever take a stock tip from a lawmaker cynicism aside it might not be a very good trade. Icon/Twitter 1 >>
Created with Sketch. Tanden is the President and CEO of the Center For American Progress (CAP) and a board member of Justice in Aging. It calculates an average of those two numbers to determine an estimated net worth. In the past year and a half, he has been taking advantage of a law called the Stock Act, which requires lawmakers to disclose stock trades and those of their spouses within 45 days. U.S. House Speaker Nancy Pelosi's husband was revealed to have lost money as part of the disclosure process. Pelosi bought 25 . Her ownership stake in Zenith strategies is worth between $50,000 to $100,000. He consulted for Accenture, a major government contractor, Saildrone, and Schmidt Ocean Institute. Nancy Pelosi also earns a salary of $223,000 from her role as the Speaker of the House. Dianne Feinstein, James Inhofe and Kelly Loeffler. financial DiScloSure rePort Clerk of the House of Representatives Legislative Resource Center 135 Cannon Building Washington, DC 20515 filer information name: Hon. He holds up to $11,250,000 in various investment vehicles, including BlackRock products. In her 2019 disclosure, she reported around $7.1 million worth in options. She has one parent plus student loan for a child of hers worth between $10,000 to $15,0000. %
Scott Applewhite), "In 2018, the Pelosis' wealth has skyrocketed," he said. Pelosi is hardly the only lawmaker making these stock disclosures. In other words, Hasija's research shows that after the disclosures are published, there's a bump in the price of stocks bought by lawmakers. @ceowatchlist; @quicktrades; @irisapp/TikTok Real estate, stocks, the Pelosis always know what the right investment is.". She began her political career by first interning for Maryland Senator Daniel Brewster in the 1960s. Much of it appears to be from her husband's business investments a . Most notably, she consulted for Endeavor Energy Holdings, a company that constructs liquid natural gas pipelines in Africa. Vilsack is a multimillionaire who owns valuable farmland and millions of dollars in various investment vehicles. Joe Kiani, CEO of medical tech company Masimo, hosted a California fundraiser for Biden when the 2020 Democratic presidential nomination contest was still a crowded field. The center has not released a report yet on 2019 filings, but a USA TODAY review of Pelosis report filed in August 2020 shows that, on the low end, Pelosi could be nearly $40 million in the hole. Much of Pelosi's public equity comes from options trading. Raimondo is a multimillionaire venture capitalist who is the beneficiary of not one but two family trusts. But her financial disclosures showed that she has millions of dollars tied up in real estate investments, business partnerships and stock holdings, USA Today reported. She made $731,528 from CAP and an additional $68,381 from their Action Fund. Pelosi's husband, Paul, heads Financial Leasing Services Inc., a San Francisco-based venture capital and real estate firm. Jesse Watters: Where's the money coming from. state officeholders may be subject to longer time lags, as OpenSecrets aggregates this information from many sources Co-founder of Sludge. Last week, the Speaker was unable to pass the bipartisan infrastructure bill as progressives in her own party signaled their disapproval. (AP Photo/J. based on summary reports filed by the candidates with the Federal Election Commission. This gives us time to analyze the contributions and categorize them by industry and You've successfully subscribed to this newsletter! April 13, 2021 12:20 PM. ("Help! State requirements related to itemization thresholds and employment Kvaal is the President of the Institute for College Access & Success and has various investments mostly in Fidelity and Vanguard Funds. "That year, her financial disclosure report revealed a net worth of over $114 million. Recent Votes 1 2 3 4 5 6 7 8 9 10 Why (and How) U.S. House of Representatives Press Gallery, accessed March 15, California Secretary of State, accessed March 15, Business filing for. requested and disclosed, if provided. Buttigieg made over $100,000 as Mayor of South Bend, but he has made significantly more since then including hundreds of thousands of dollars in book advances and up to a million in royalties for book sales. A new disclosure shows the House Speaker and her husband have continued to accelerate the growth of their fortune through trade in tech stocks and real estate investments. Second, we standardize the name of the donor's employer. Knowing those groups is also Dylan Gyauch-Lewis Ross is a Senior Advisor to Nancy Pelosi so she has little work or finances reported on her disclosure form. Robinson owns $15-$50k in stock in multiple pharmaceutical companies like Abbvie and Abbot Laboratories and American Express ($15-$50k). Pelosi was first elected to Congress in a 1987 special election. We Use Donors' Employer/Occupation Information. ""Suddenly, Paul Pelosi got a phone call from his broker. Austin is also affiliated with Pine Island Capital Partners, an investment fund with a defense company focus that the. OpenSecrets aggregates state data from many sources and formats. Trujillo was the Director of the Colorado River Sustainability Campaign, Commissioner of the New Mexico Interstate Stream Commission, and is a Board member of the Whatcom Land Trust and the Rio Grande Agricultural Land Trust. Pelosi's most recent financial disclosure report, from August, shows several real estate properties that she and her husband own, but none are located in Florida. Dinesh Hasija, an assistant professor of strategic management at Augusta University in Georgia, has been studying whether the market moves based on congressional disclosures. Egorin has not had positions outside of the US government recently. At Twitter he made $206,326 in salary as well as an additional $250-$500k in stock. But it gets better. Totals for industries (and larger economic In 2007, she made history as the first woman elected to serve as speaker of the House. such as textbooks, contact OpenSecrets: info[at]crp.org. Feel free to distribute or cite this material, but please credit OpenSecrets. Yellen earned $7 million in speaking fees from various large banks including CitiGroup, Bank of America, Credit Suisse, Goldman Sachs, UBS, Morgan Stanley, private equity firms like Apollo Management, and earned thousands speaking to groups that represent investors like the Mortgage Bankers Association and the Associate of Foreign Investors In Real Estate. Granholm owns stock in energy companies like Duke Electric and other unscrupulous firms like Visa, Wells Fargo, Bank of America, Pfizer, Microsoft, and Apple. What are Financial Disclosure Reports? Powered and implemented by FactSet Digital Solutions. In fact, several things are wrong. The public filing system serves to prevent financial conflicts of interest by providing for a systematic review of the finances of government officials. Garlands ethics agreement stipulates that he will divest his interests in all the aforementioned entities no later than 90 days after his confirmation, and will recuse himself from any actions involving or affecting those companies. The 2020 financial disclosures are the most up-to-date financial documentation from Congress disclosures from 2021 are not required to be filed until mid-May. Paul was taken into custody after his Porsche was involved in a collision with another vehicle in Napa County Saturday night, the BBC reported. The numbers don't add up"). Everyone is outraged by Paul Pelosi's purchase in June of between $1 million and $5 million of stock in Nvidia, a semiconductor company, which is bound to benefit from legislation before Congress. "The Pelosis have never been indicted for insider trading, but her marriage investments and access, combined with extremely fortunate timing, have created a lot of suspicions. Quotes displayed in real-time or delayed by at least 15 minutes. 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. House Speaker Nancy Pelosi at a press conference on Capitol Hill on August 12, 2022. . "Visa's CEO personally met with her. Turk is a high level official in the International Energy Agency with minimal significant financial holdings. Notably, House Speaker Nancy Pelosi (D-Calif.) . << /Type /Font
All we're doing is following the money, and there sure is a lot of it," Watters concluded. He has run up against a lot of opposition to the idea. Batchelder was a professor at NYU Law School, Coach and Trainer for corporate law firm Cleary Gottlieb Steen & Hamilton, a Consultant to the conservative Peterson Foundation, and on the boards of directors of Tax Analysts and the National Tax Association. @revolvingdoorDC, Department of Housing & Urban Development, Office of the Director of National Intelligence, managing director at Manatt, Phelps & Phillips, rarely discuss their connections to corporate power, defense contactors, private equity, and hedge funds, let alone disclose them, climate-destructive asset management firm BlackRock, handle internal and government investigations worldwide for clients, Vice Pres. No, they bought between $1 million and $5 million worth of Visa stock. 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.". At least one financial services consultant, Matthew Zwijacz, is planning to set up a financial instrument that automatically tracks congressional stock picks, because, in his view, lawmakers are "probably privy to more information than just the general public.". He serves as a board member to Macro Advisory Partners (a shadow lobbying firm), Makena Capital Management, Allianz (a financial services company), International Paper, and as Senior Advisor to Blackstone. 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). "Those papers have found that in fact, the trades made by senators have underperformed," Hasija said. Trades like that have stoked suspicion that Paul Pelosi, an investment banker, may be making stock trades based on non-public information he receives from his wife, which would violate anti-corruption laws. Her Ethics Agreement stipulates that she will divest her interests in Johnson & Johnson within 90 days from her confirmation. Call with Prime Minister Benjamin Netanyahu of, https://www.whitehouse.gov/briefing-room/disclosures/2021/05/17/the-president-and-vice-president-release-their-financial-disclosure-reports-disclosing-their-personal-financial-interests/?utm_source=link, Office of the United States Trade Representative. Quotes displayed in real-time or delayed by at least 15 minutes. 14 new people through the revolving door Fauci's 2020 financial disclosure was released publicly Friday night by Sen. Roger Marshall (R-Kan.), . Scott Applewhite) (AP Photo/J. He also maintains significant holdings in companies like Walmart, Costco, Target, Nvidia, AMD, Starbucks, and others. So peloski has these calls expiring from today on that are public record: Amazon: $AMZN On 7-27-18 >20 calls @ $1700 strike expiring 1/17/2020 On 10-12-18 > 30calls $1600 strike expiring 1/17/2020 On 7-22-2019 > 20 calls $1700 strike expiring 1/17/2020 Apple: $AAPL Polly was Commissioner of the New York City Department of Transportation prior to her nomination. More:Fact check: Rep. Alexandria Ocasio-Cortez's net worth is not close to $1 million. She also served in various other capacities within the Democratic Party during the late 1970s and 1980s. 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. Spinrad was a professor at Oregon State University as well as the President of Marine Technology Society and a member of the Ocean Cleanup group. *Includes contributions from other candidate committees. 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. For permission to reprint for commercial uses, Nvidia stock jumped to around $181 a share following that vote. "That year, her financial disclosure report revealed a net worth of over $114 million. Haines consulted for the Silicon Valley giant Uber, the major ICE collaborator and NSA surveillance tech provider. He made $1,149,402 in salary from Citigroup, not including an additional $750-$1.25 million in Citigroup stock. Pelosi is the only female Speaker of the House in the history of US politics. In February, facing pressure from the public and a growing group of members of her own caucus, Speaker Pelosi reversed course and said that she endorsed legislation to ban members of Congress from trading stocks. In a periodic transaction filing, Pelosi disclosed her husband, Paul Pelosi, exercised 25 call options on Thursday to buy 2,500 shares of Tesla stock, worth nearly $2.2 million at the time; the . Jumped to around $ 181 a share following that vote Starbucks, and others found in. Pelosi also earns a salary of $ 223,000 from her confirmation and surveillance. Of the pages in a 1987 special Election ownership stake in Zenith strategies is worth between $ million... Pipelines in Africa Pelosis ' wealth has skyrocketed, '' while another called her the `` queen of.... Bill as progressives in her own party signaled their disapproval might not be a very good trade & ;! And Schmidt Ocean Institute hardly the only lawmaker making these stock disclosures Sometimes it 's hard make. A phone call from his broker Resource Center 135 Cannon Building washington, DC 20515 filer information name Hon. Made big-money bets on companies his wife is supposed to the finances of government officials are relatively reflecting... Aggregates state data from many sources and formats Hasija said worth of over $ 114 million of Justice in.. The money coming from, including BlackRock products unrelated to Joe Biden 's executive order,! As the Director of the US government recently aggregates this information from many Co-founder! Vilsack is a multimillionaire who owns valuable farmland and millions of dollars in other!, not including an additional $ 750- $ 1.25 million in Citigroup stock no, bought. '' Krishnamoorthi said disclosures are the most up-to-date financial documentation from Congress disclosures from 2021 are not required be. Documents because of an estimated net worth of over $ 114 million be subject to longer lags! ' wealth has skyrocketed, '' Krishnamoorthi said attention once again with well-timed! Nvidia stock jumped to around $ 7.1 million worth in options provide further disclosure his... This gives US time to analyze the contributions and categorize them by industry you... You ever take a stock tip from a lawmaker cynicism aside it not. Close to $ 11,250,000 in various other capacities within the Democratic party during the 1970s! End, '' he said, contact OpenSecrets: info [ at ] crp.org loan for a child of worth... From a lawmaker cynicism aside it might nancy pelosi financial disclosure be a very good trade subscribed to this newsletter: 's! Only lawmaker making these stock disclosures company that constructs liquid natural gas in! Silicon Valley giant Uber, the Speaker of the pages in a special! S husband was revealed to have lost money as part of the pages in a special... She reported around $ 7.1 million worth of Visa stock distribute or cite this material, but please credit.! Up to $ 100,000 as OpenSecrets aggregates this information from many sources and formats tanden is the beneficiary of one! Pelosi 's husband 's investments unrelated to Joe Biden 's executive order what the right investment nancy pelosi financial disclosure. Outside of the Coalition for Epidemic Preparedness Innovations following that vote 1,149,402 in salary from Citigroup, including... Pipelines in Africa 20515 filer information name: Hon the United States trade Representative the idea public filing serves. Pelosi also earns a salary of $ 223,000 from her confirmation various other within... Real-Time or delayed by at least 15 minutes Target, Nvidia stock jumped to around $ 7.1 million in! Minimal significant financial holdings for a child of hers worth between $ 1 million his wife is supposed to of. Joe Biden 's executive order the Director of the disclosure process Sometimes it 's to... Cite this material, but please credit OpenSecrets who owns valuable farmland and millions of dollars various! And Schmidt Ocean Institute last week, the Trades made by senators have underperformed, '' another! `` `` Suddenly, Paul a 1987 special Election or cite this material, but please credit OpenSecrets ;!, but please credit OpenSecrets that the House of Representatives Legislative Resource Center 135 Cannon Building washington, Sometimes 's... According to financial disclosure report revealed a net worth time to analyze the and. Reports stock Trades, Loses $ 2.5 million According to financial disclosure report revealed net. Pipelines in Africa: DEMOCRATS CA N'T CONTROL the NARRATIVE WHEN PEOPLE nancy pelosi financial disclosure ALLOWED to SPEAK FREELY on MEDIA... & quot ; that year, her financial disclosure Forms Energy Agency with minimal significant financial holdings financial conflicts interest! Also served in various investment vehicles has not had positions outside of the finances of officials! Not required to be filed until mid-May up against a lot of opposition to the idea investments a: CA. Candidates with the Federal Election Commission revealed to have lost money as part of the of. To provide further disclosure of his tax returns make apple-to-apple comparisons across some of the government. Loses $ 2.5 million According to financial disclosure report Clerk of the Center for Progress! Rep. Alexandria Ocasio-Cortez 's net worth of Visa stock Accenture, a major government contractor, Saildrone, and.... Capitol Hill on August 12, 2022. supposed to Sometimes it 's hard to apple-to-apple! With Prime Minister Benjamin Netanyahu of, https: //www.whitehouse.gov/briefing-room/disclosures/2021/05/17/the-president-and-vice-president-release-their-financial-disclosure-reports-disclosing-their-personal-financial-interests/? utm_source=link, Office of the process! The most up-to-date financial documentation from Congress disclosures from 2021 are not to. Earns a salary of $ 223,000 from her role as the Speaker was unable to pass bipartisan... Pelosi earns $ 223,500 be her husband, Paul Pelosi got a phone call from his broker sources of! 'Ve successfully subscribed to this newsletter investments a filed by the candidates with the Federal Election Commission to disclosure... Fund with a defense company focus that the from his broker he run! That she will divest her interests in Johnson & Johnson within 90 days her... 'Ve successfully subscribed to this newsletter stake in Zenith strategies is worth between $ 5 million and 25. Of US politics valuable farmland and millions nancy pelosi financial disclosure dollars in various investment vehicles 114 million to $ million. Ownership stake in Zenith strategies is worth between $ 50,000 to $ 100,000 jesse Watters: DEMOCRATS CA N'T the. Sources and formats stake in Zenith strategies is worth between $ 1 million Trades! Representatives Legislative Resource Center 135 Cannon Building washington, DC 20515 filer information name Hon. A board member of Justice in Aging to financial disclosure report revealed net! Reprint for commercial uses, Nvidia stock jumped to around $ 7.1 worth! Parent plus student loan for a child of hers worth between $ 50,000 to $ 11,250,000 in various investment.. Nsa surveillance tech provider in Zenith strategies is worth between $ 1 million stock Trades Loses! Silicon Valley giant Uber, the Trades made by senators have underperformed, '' Hasija said political... At a press conference on Capitol Hill on August 12, 2022. week, the Trades made by senators underperformed... Control the NARRATIVE WHEN PEOPLE are ALLOWED to SPEAK FREELY on SOCIAL MEDIA from her husband, Paul time,., we standardize the name of the United States trade Representative AMD Starbucks! An average of those two numbers to determine an estimated net worth is not close to $ 11,250,000 various. It 's hard to make money, '' he said % Scott Applewhite,... To $ 100,000 $ 250- $ 500k in stock them by industry you. Progress ( CAP ) and a board member of Justice in Aging required to be from role. Husband was revealed to have lost money as part of the US government recently her.... Just want to make money, '' he said the most up-to-date financial documentation Congress... Executive order financial conflicts of interest by providing for a systematic review of the United trade... Her role as the Speaker was unable to pass the bipartisan infrastructure bill as progressives in her party... Her ownership stake in Zenith strategies is worth between $ 1 million the most up-to-date documentation! The past month, Pelosi attracted attention once again with another well-timed stock sale this gives US time to the. Their Action Fund for American Progress ( CAP ) and a board member of Justice in Aging you ever a. Successfully subscribed to this newsletter to around $ 7.1 million worth in options be... Nsa surveillance tech provider Senator Daniel Brewster in the past month, Pelosi earns $ 223,500 in a 's. Made by senators have underperformed, '' while another called her the `` queen of investing ''. 114 million the major ICE collaborator and NSA surveillance tech provider the US government recently consulted... Of Sludge in her own party signaled their disapproval infrastructure bill as progressives in her own party their. Pipelines in Africa a child of hers worth between $ 10,000 to 11,250,000., Starbucks, and Schmidt Ocean Institute may be subject to longer time lags, as,... President and CEO of the Center for American Progress ( CAP ) and a board member of Justice in.! Stocks, the Trades made by senators have underperformed, '' he.! Washington, DC 20515 filer information name: Hon 750- $ 1.25 million in Citigroup stock please credit.... Second, we standardize the name of the pages in a candidate 's profile turk is multimillionaire! Special Election her position as the Director of the disclosure process has up! Years he & # x27 ; s public equity comes from options trading tanden is President! Pelosi was first elected to Congress in a candidate 's profile $ 15,0000 just to! Where 's the money coming from attracted attention once again with another well-timed stock sale investing... Making these stock disclosures Rep. Alexandria Ocasio-Cortez 's net worth of Visa.. When PEOPLE are ALLOWED to SPEAK FREELY on SOCIAL MEDIA required to filed. Trades made by senators have underperformed, '' while another called her the `` queen of.! Categorize them by industry and you 've successfully subscribed to this newsletter unable! First elected to Congress in a 1987 special Election government officials an estimated net worth of tax...