(Liberty Bell) – House Speaker Nancy Pelosi is almost a permanent fixture in Congress, having been an active member of the political body for 34 years, now occupying the top position as one of the most powerful and highly influential people in our nation’s government.
According to a new report from Gateway Pundit, Jesse Watters, a Fox News presenter, has started a “Watters’ World” investigation into some of the financial transactions she’s made throughout her very lengthy career in politics.
As more progressive members of Pelosi’s party have started to voice their opposition to the current infrastructure deal last week, the House Speaker was not able to bring the bill to a vote.
Watters went on to say that it’s getting “Harder and harder for average Americans to accumulate wealth,” as they are being shackled with more taxes and “destroying the dollar with reckless spending,” noting that Pelosi’s policies are placing a heavy burden on the middle class.
And yet, despite the fact that payment for the position of Speaker of the House is in the low six-figure range, Nancy Pelosi has somehow managed to become one of the wealthiest members of Congress in the United States.
“It appears to be her husband, Paul.” Watters went on to say, making an allusion to Pelosi’s undercover way of making millions of dollars.
“After they got married, Paul opened up a real estate and venture capital firm. And through his connections, he pushed Nancy into the political world, helping her get elected to Congress in 1987,” Watters said.
“The couple has timed the market perfectly over the years,” he went on to say, “while Nancy’s been a Washington insider. Real estate, stocks, the Pelosis always know what the right investment is.”
“In addition to a home in Napa Valley estimated up to $25 million, the Pelosi’s also own a waterfront apartment in DC valued at more than $2 million and a red brick mansion in California’s Pacific Heights, among other properties,” the report stated.
Watters then stated that Pelosi’s husband has a few commercial buildings located in San Francisco that are “worth up to $50 million,” in total.
“In 2018, the Pelosis’ wealth has skyrocketed,” the Fox News said. “That year, her financial disclosure report revealed a net worth of over $114 million. In 2019, Pelosi’s assets total up to a whopping $271 million and in 2020, those numbers went up even more to as high as $315 million.”
“In 2007, Visa worried the new Democrat Congress would target their swipe fees, costing them billions. So they hired a team of lobbyists who descended on Pelosi,” Watters went on to add. “Visa’s CEO personally met with her. She got donations from them. One of his advisers left and became a visa lobbyist himself.”
“Paul Pelosi received a phone call from his broker out of nowhere. He was fortunate, as it turned out.” Watters then stated, “Paul was given a prescreened invitation to participate in Visa’s $18 billion first public offering (IPO). Did Nancy and her husband have second thoughts? No, they made an investment of between $1 million and $5 million in the Visa shares. However, things get better. Bills that would have had a negative impact on Visa’s stock price were rejected in the House when Pelosi was speaker. The Pelosis made a tidy profit on paper over this period, with Visa shares rising by more than 200 percent.”
“The Pelosis received a million dollars’ worth of Tesla shares in January, only a few months before Vice President Joe Biden announced electric vehicle incentives in June. The Pelosi family made a tidy sum of money just as Congress was about to launch an attack on Big Tech. Mr. Pelosi profited handsomely from the exercise of options on Google’s parent firm, Alphabet, pocketing $5.3 million in the process,” he reported.
“Suddenly, Paul Pelosi got a phone call from his broker. He was in luck,” Watters added. “Paul was offered a prescreened invite to get in early on Visa’s $18 billion IPO. Did Nancy and her husband hesitate? No, they bought between $1 million and $5 million worth of Visa stock. But it gets better. While Pelosi was speaker, bills that would have hurt Visa’s stock price were blocked in the House. Visa shares going up over 200 percent during the time, making the Pelosis a fortune on paper.”
Watters then provided another example of how the Pelosi family has made a pretty penny off the situation.
“According to the report, Paul Pelosi exercised $2 million in Microsoft options in March, just two weeks before the computer giant was awarded a $22 billion deal to outfit the United States Army with high-tech headsets,” the report stated.
The pair have never been prosecuted for insider trading, however, her marital investments and access, combined with very convenient timing, has caused quite a few raised eyebrows among the financial community.
They have never been prosecuted for insider trading, but her marital investments and access, coupled with very fortuitous timing, have raised a lot of eyebrows in the financial community. “All we’re doing is following the money, and there sure is a lot of it,” Watters said in conclusion.
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