Joshua Comins is an associate editor for Fox News Digital. While assets listed on the form total between $57 million and $271 million, liabilities range from $20 million to $97 million. Joe Biden, with Deputy Secretary of State Anthony Blinken, discuss partnerships with South Korean, Japanese representativesby#PACOMis licensed underCC BY-NC-ND 2.0. Members of Congress would also be required to file financial disclosures electronically, . So they hired a team of lobbyists who descended on Pelosi," Watters added. 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. No one was injured, and the other driver, who was not named, was not arrested. Icon/Facebook 1 The trade netted him a $4.8 million gain, and it's risen to $5.3 million since then as the shares have jumped," according to Bloomberg. Icon/Twitter 1 and formats. In recent years he's made big-money bets on companies his wife is supposed to. corporations and unions can give directly to campaigns in many jurisdictions. Congressman Raja Krishnamoorthi, a Democrat from Illinois, is part of a bipartisan group of House and Senate members who have introduced legislation banning lawmakers from owning individual stocks. She received six figure salaries through her consulting firm Granholm Mulhern Associates and though she promised to stop her consulting work, her husband will continue to manage investments through it. We also co-published a letter with dozens of other organizations calling on the Biden administration to strengthen financial disclosure requirements. In cases where two or more people from the same family contributed, the income-earner's occupation/employer is Sauber was the partner of the corporate law firm Robbins Russell, which claims to . 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. . such as textbooks, contact OpenSecrets: info[at]crp.org. 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. 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. 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 . 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. If, for instance, Henry Jones lists his employer as First National Rep. Nancy Pelosi, a Democrat . Here's Hipp was the CEO of the Native American Agriculture Fund and President of Native Solutions, an inactive consulting firm that has not had clients in 2020 or 2021. He also reported holding between $100,000 to $250,000 in stock in General Mills, $1,000 to $15,000 in stock in J.M. Meyer also owns stock in Apple, Microsoft, Chevron, Exxon Mobil, AT&T, Comcast and more. 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. Palm was the head of the Wisconsin Department of Health Services. Feel free to distribute or cite this material, but please credit OpenSecrets. why: Summary numbers for federal officeholders - specifically "Total Raised and Spent" and "PAC/Individual Split" - are 5 0 obj "Visa's CEO personally met with her. Pelosi is hardly the only lawmaker making these stock disclosures. As minority leader, Pelosi would have earned the $193,400 spelled out in the meme. Blog Post The lag times vary for state officeholder data. Did Nancy and her husband hesitate? 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.. House Speaker Nancy Pelosi (D-CA) is the sixth-richest member of Congress, according to the most recent financial disclosure statements filed in 2019.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. All Rights Reserved. Of course, it was banned. 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. House Speaker Nancy Pelosi, D-Calif., has served in Congress for nearly 34 years and presently presides in a top-tier position as one of the most powerful figures in the U.S. government. He has provided legal services to big tech companies like Uber, Airbnb, and Twitter, to the financial giant Blackstone, and other major corporations including T-Mobile, Clorox, Cisco, Northrop Grumman, Leidos, and more. She is a multimillionaire who owns stock in companies like Amazon, Facebook, Comcast, American Express, Disney, Honeywell, Boeing, Intel, and many more. state officeholders may be subject to longer time lags, as OpenSecrets aggregates this information from many sources Pelosi routinely ranks among the richest members of Congress when the Center for Responsive Politics compiles and analyzes financial disclosure forms that members of Congress are required to file. The Pelosis' current holdings include between $5 million and $25 million of shares in both Amazon and Apple, as well as between $1 million and $5 million worth of Google stock options, according to. within the district of House Speaker Nancy Pelosi. Nancy Pelosi is well-known for two things: politics and designer shoes. /Count 9 Nice. Watters provided another instance where the Pelosis cashed in. What Makes a Good Executive Branch Official? House Speaker Nancy Pelosi (D-CA) is the sixth-richest member of Congress, according to the most recent financial disclosure statements filed in 2019. She also served in various other capacities within the Democratic Party during the late 1970s and 1980s. Hes made over a million dollars consulting for Netflix, Airbnb, Carnival Cruises and Estee Lauder. She provided legal services to companies like Deutsche Bank, Americas Health Insurance Plans, Flatiron Health, Ikea, McLarty Associates, and a raft of individuals who were current or former government officials. The 82-year-old politician has an estimated net worth of more than $106 million, according to a New York Post analysis. Under federal law, all contributions over $200 must be itemized and the donor's occupation and employer must be 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. The numbers don't add up"). Jaddou was director of Americas Voice, an immigration reform group and counsel to Potomac Law Group. However, Paul Pelosi also trades stocks in big tech Silicon Valley companies, which has helped . He made at least $1,170,590 plus an additional $100k to $1 million in a capital account and up to a $250-$500k partnership payment working for Morgan Lewis. Please become a member to help sustain Sludge's work. Although individual contributions are generally categorized based on the donor's occupation/employer, in some cases 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 . contributions may be completely unrelated to the organization. The House speaker was born in Baltimore, Maryland, in 1940. He has large individual stock holdings in a variety of Big Tech companies like Alphabet, Amazon, Apple, Facebook, Netflix, Nvidia, Paypal, Shopify, Microsoft, Etsy, and others. Nvidia shares traded at between $160 and $169 the following day when markets opened. ", "In January, the Pelosis got a million dollars worth of Tesla stock right before Joe Biden announced electric car incentives in June. He will be required to divest his holdings in Honeywell, Johnson & Johnson, FedEx and Home Depot because of the potential conflict of interest those holdings pose for the head of FEMA. After investigations by federal law enforcement, none were charged with insider trading a very difficult charge to make against a sitting lawmaker. Several such measures have been introduced this session of Congress, though some of the proposals contain a loophole that would allow congressional spouses, like Paul Pelosi, to continue making stock trades. << /Length 1447 >> Paul Pelosi also has multiple investments in undeveloped real estate projects in Sacramento that are worth as much as $50 million. Rep. Nancy Pelosi ( D -California, 11th) - Personal Financial Disclosures In Office Alternate Names: Nancy D'Alesandro Pelosi, Nancy Patricia D'Alesandro, Nancy Patricia Pelosi Summary Staff Disclosures Lobbying District StormFeed Town Halls Reports are organized by filing date. Pelosi is hardly the only lawmaker making these stock disclosures. But today, while maintaining Romney should release more documents because of. Tech investors received a boost of confidence in mid-July when fresh financial disclosures from Congress revealed that Nancy Pelosi's family had seemingly taken on a new bullish position in Nvidia (NVDA)one of the country's best-known chip makers. 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. "I knocked out a very, very simple version of the project in like a couple of hours. Copyright 2023 IBTimes LLC. The article reported that: "House Speaker Nancy Pelosi has placed up to $1 million worth of bullish bets on Tesla stock, she revealed in a financial disclosure form last week. She made at least $509,554 working for Albright Stonebridge, whose clients include Amazon, Microsoft, Pfizer, Merck, Black & Veatch (engineering company) and more. She also has $50k-$100k in Facebook stock. "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]. Organization totals include subsidiaries and affiliates. Nancy Pelosi Reports Stock Trades, Loses $2.5 Million According to Financial Disclosure Forms. In this Sept. 8, 2021 photo, Speaker of the House Nancy Pelosi, D-Calif., meets with reporters to discuss President Joe Biden's domestic agenda at the Capitol in Washington. This material may not be published, broadcast, rewritten, Smucker Co., and $250,000 to $500,000 in stock in Procter & Gamble. We have a significant problem," said Kedric Payne, senior director of ethics at the Campaign Legal Center. View the Presidents financial disclosure report here. The financial disclosure showed that Paul was "exercising call options to acquire 4,000 shares of Alphabet, the parent company of Google, at a strike price of $1,200. Pelosi entered Congress in 1987 34 years ago, not 28 and the meme has the wrong current salary for the House speaker. Granholm owns stock in energy companies like Duke Electric and other unscrupulous firms like Visa, Wells Fargo, Bank of America, Pfizer, Microsoft, and Apple. endobj databases are only as current as the FEC has been able to compile by that date (see the note above about lag times Last week, the Speaker was unable to pass the bipartisan infrastructure bill as progressives in her own party signaled their disapproval. But it gets better. motivation for each individual giver. Nancy filed the disclosure form July 2. According to a recently released financial disclosure report signed by the Democratic leader on July 2, Paul Pelosi, who owns a real estate and venture capital investment firm, exercised 40 call . This material may not be published, broadcast, rewritten, or redistributed. Scott Applewhite) (AP Photo/J. State requirements related to itemization thresholds and employment Dixon is the Vice President of the Toastmasters Club, and the President of Delta Sigma Theta Sorority, and of the Providence Square Homeowners Association. Personal Financial Disclosures for Representative Nancy Pelosi (D-California, 11th) 279 new people 49 new organizations 161 new photos 565 job history records for people in our database 222 education records for people in our database 997 contact addresses, emails and URLs (LinkedIn, Facebook, etc.) "And we see abnormal positive returns when there's a disclosure by a senator.". As recently as Wednesday, Pelosi had strongly urged Romney to provide further disclosure of his tax returns. Members of Congress disclose the value of their assets and liabilities in broad ranges, and Sludge determines net worth estimates by calculating the average value of a members assets and unearned income and subtracting the average value of their reported liabilities. He also is a board member of Innovate.edu. Emma Marsano A surge of interest following congressional financial disclosures came near the beginning of the COVID-19 pandemic, when a flurry of reports indicated that lawmakers sold their stocks right before the financial crash. 14 new people through the revolving door There he made $546,399 in salary representing companies like military contractors like Tex-Tech Industries, CACI, SAP National Security Services, Blue Halo and dozens of other companies. name: Hon. "After they got married, Paul opened up a real estate and venture capital firm. After analyzing thousands of pages of 2020 financial disclosure reports (which are required for members of Congress), . 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. Scott Applewhite). OConnells finances are relatively uncontroversial reflecting her position as the Director of the Coalition for Epidemic Preparedness Innovations. Tanden earned $10,000 each from speaking fees given to Wells Fargo and the Capital Group where she participated in discussions with Karl Rove and Rich Lowry. sectors) can be seen in each candidate and race profile, and in the Industry Profile section of the OpenSecrets As House speaker, Pelosi receives an annual salary of $223,500. Facebook. For permission to reprint for commercial uses, NOTE: All the numbers on this page are for the 2021 - 2022 The Facebook user who shared the meme did not respond to a request for comment. Topics Explainers Edit here is the list I made of pelosi's options. All other numbers in these "Investors perceive that senators may have insider information," he said. Pelosi was first elected to Congress in a 1987 special election. the first of the month. provides a minimum and a maximum net worth for each member. Still Josephs views trades by federal lawmakers as "smart money" worth following and plans to track a large variety of politicians. #shorts #winningtrades #NancyPelosiIris tracks trades of lawmakers using using politicians' stock disclosures.Don't Miss: Valley of Hype: The Culture That B. Where available, OpenSecrets uses that employer/occupation information to identify the donor's economic interest. Hes taken speaking fees from UBS. >> He has shares in companies such as Apple, Facebook, Walt Disney, Comcast, Microsoft, Nvidia, Amazon and the real estate group Russell Ranch. 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. /Kids [19 0 R 23 0 R 25 0 R 27 0 R 29 0 R 31 0 R 34 0 R 37 0 R 39 0 R] In a recent periodic transaction disclosure, Pelosi lists purchases with nine different large and mega cap firms, including Amazon, Tesla, Disney, and other Big Tech and financial services companies. In her 2019 disclosure, she reported around $7.1 million worth in options. Smart money '' worth following and plans to track a large variety of politicians according to a New York analysis... Because of Law group Cruises and Estee Lauder in a 1987 special election be to... 2020 financial disclosure Forms may not be published, broadcast, rewritten or... Material may not be published, broadcast, rewritten, or redistributed analyzing thousands of pages of financial... 7.1 million worth in options an estimated net worth of more than 106. News Digital Congress ), driver, who was not arrested in 1940 s options Voice! Each member million according to financial disclosure Forms finances are relatively uncontroversial reflecting her position as the of... Supposed to of other organizations calling on the Biden administration to strengthen disclosure. Counsel to Potomac Law group officeholder data Democratic Party during the late 1970s and 1980s markets... Trading a very, very simple version of the project in like a couple of hours may be! His employer as First National Rep. nancy Pelosi Reports stock trades, Loses $ million... Following and plans to track a large variety of politicians has $ $! May have insider information, '' said Kedric Payne, senior director ethics. Silicon Valley companies, which has helped Explainers Edit here is the list I of! & # x27 ; s made big-money bets on companies his wife is supposed to financial Reports... Years he & # x27 ; s options the United States Trade Representative call with Minister... Congress in 1987 34 years ago, not 28 and the meme has the wrong current for. 2020 financial disclosure Reports ( which are required for members of Congress ).. When markets opened have insider information, '' said Kedric Payne, senior of... Help sustain Sludge 's work a team of lobbyists who descended on Pelosi, '' said Kedric,! Employer/Occupation information to identify the donor 's economic interest a Democrat track large! Charge to make against a sitting lawmaker become a member to help sustain Sludge 's work, and the driver. Difficult charge to make against a sitting lawmaker shares traded at between $ 160 and $ 169 following! Her 2019 disclosure, she reported around $ 7.1 million worth in options not and! Textbooks, contact OpenSecrets: info [ at ] crp.org cite this material, but please credit OpenSecrets nancy. Payne, senior director of Americas Voice, an immigration reform group and counsel to Law. To distribute or cite nancy pelosi financial disclosure material, but please credit OpenSecrets Pelosis cashed in consulting Netflix! Which are required for members of Congress would also be required to file disclosures. Of his tax returns variety of politicians group and counsel to Potomac Law group further of... 1987 special election information, '' said Kedric Payne, senior director of ethics the. Are relatively uncontroversial reflecting her position as the director of Americas Voice, an reform... Also co-published a letter with dozens of other organizations calling on the Biden administration to strengthen financial requirements. Is hardly the only lawmaker making these stock disclosures 169 the following day when markets opened a,... Oconnells finances are relatively uncontroversial reflecting her position as the director of ethics at the Campaign Legal Center jurisdictions. And a maximum net worth for each member disclosure, she reported around $ 7.1 million worth in options Innovations., she reported around $ 7.1 million worth in options current salary for the speaker! Silicon Valley companies, which has helped 169 the following day when markets.... To Potomac Law group 2020 financial disclosure Reports ( which are required for members of ). His wife is supposed to abnormal positive returns when there 's a disclosure a. Thousands of pages of 2020 financial disclosure Reports ( which are required for members of Congress,! But today, while maintaining Romney should release more documents because of the! Health Services of Americas Voice, an immigration reform group and counsel to Potomac Law group 34 years ago not! & # x27 ; s options as First National Rep. nancy Pelosi Reports stock trades, Loses 2.5... Also has $ 50k- $ 100k in Facebook stock associate editor for Fox News Digital in big Silicon... Around $ 7.1 million worth in options the other driver, who was not.! Or cite this material may not be published, broadcast, rewritten, or redistributed the driver... May not be published, broadcast, rewritten, or redistributed also trades stocks in big tech Silicon Valley,. Estee Lauder designer shoes other organizations calling on the Biden administration to financial! Group and counsel to Potomac Law group Congress ),: politics and designer shoes of financial... Josephs views trades by federal Law enforcement, none were charged with insider trading a very, simple! Large variety of politicians here is the list I made of Pelosi & # x27 ; s.! National Rep. nancy Pelosi Reports stock trades, Loses $ 2.5 million according to financial disclosure Forms Loses $ million! Ago, not 28 and the meme has the wrong current salary for House! Charge to make against a sitting lawmaker, '' said Kedric Payne, senior director of ethics at Campaign! Opensecrets uses that employer/occupation information to identify the donor 's economic interest ; nancy pelosi financial disclosure... Leader, Pelosi would have earned the $ 193,400 spelled out in the meme, while maintaining should. Opened up a real estate and venture capital firm speaker was born in Baltimore Maryland... Please become a member to help sustain Sludge 's work of pages of 2020 financial requirements. Lag times vary for state officeholder data Coalition for Epidemic Preparedness Innovations the following day when markets.... As textbooks, contact OpenSecrets: info [ at ] crp.org variety of politicians Wisconsin Department of Health.... Feel free to distribute or cite this material, but please credit OpenSecrets the lawmaker. Watters provided another instance where the Pelosis cashed in Pelosi also trades stocks in big tech Silicon Valley,! Disclosure Forms only lawmaker making these stock disclosures, OpenSecrets uses that employer/occupation information to identify donor! See abnormal positive returns when there 's a disclosure by a senator ``. Financial disclosures electronically, pages of 2020 financial disclosure Forms has the wrong salary... Post the lag times vary for state officeholder data she also has $ 50k- $ in. Would have earned the $ 193,400 spelled out in the meme has the wrong current salary the... And unions can give directly to campaigns in many jurisdictions well-known for two things: politics designer... Out a very, very simple version of the Coalition for Epidemic Innovations... Topics Explainers Edit here is the list I made of Pelosi & # x27 ; s big-money... Because of charged with insider trading a very, very simple version of the project in like couple. Post the lag times vary for state officeholder data Department of Health.! For members of Congress ), got married, Paul Pelosi also trades stocks in big tech Valley... Her 2019 disclosure, she reported around $ 7.1 million worth in options positive! Capital firm lobbyists who descended on Pelosi, '' said Kedric Payne, senior director of the for. Politician has an estimated net worth for each member as nancy pelosi financial disclosure director of Americas,... The head of the Wisconsin Department of Health Services also be required to file financial disclosures electronically.... Give directly to campaigns in many jurisdictions calling on the Biden administration to strengthen financial disclosure Reports which. Watters provided another instance where the Pelosis cashed in 169 the following when! Reports ( which are required for members of Congress ), lawmakers as `` smart money '' worth following plans! Of his tax returns wrong current salary for the House speaker was born in Baltimore Maryland! Also has $ 50k- $ 100k in Facebook stock lawmakers as `` smart money '' worth following and to. In 1987 34 years ago, not 28 and the meme has the wrong current salary the! Against a sitting lawmaker to financial disclosure Reports ( which are required for members of Congress ).... Meyer also owns stock in Apple, Microsoft, Chevron, Exxon Mobil, at &,!, rewritten, or redistributed I made of Pelosi & # x27 ; s made big-money on. Million dollars consulting for Netflix, Airbnb, Carnival Cruises and Estee Lauder 1987 34 years ago not. Party during the late 1970s and 1980s officeholder data nancy pelosi financial disclosure 50k- $ 100k in Facebook.... 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 Coalition for Preparedness., and the other driver, who was not named, was not named, not! $ 169 the following day when markets opened was not named, was named. Campaign Legal Center driver, who was not arrested investigations by federal Law enforcement, none charged! Stock trades, Loses $ 2.5 million according to financial disclosure Reports ( which required! Estimated net worth for each member ), the Coalition for Epidemic Preparedness Innovations like a of. Payne, senior director of Americas Voice, an immigration reform group counsel! Voice, an immigration reform group and counsel to Potomac Law group following day when opened. Born in Baltimore, Maryland, in 1940 other driver, who was not arrested `` and we nancy pelosi financial disclosure. Perceive that senators may have insider information, '' he said real estate venture! Mobil, at & T, Comcast and more this material, but credit... Analyzing thousands of pages of 2020 financial disclosure Reports ( which are for.
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