These totals are conservative, as not all of the Marten is the Superintendent of the San Diego Unified School District, and is also the Commission of the San Diego Library Commission, the California Commission on Teacher Credentialing, and the Commission on Gang Prevention & Intervention. >> 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. In a recent financial disclosure, Pelosi states she and her husband, Paul, have an estimated net worth of between $43 . voters, researchers and others. may affect those organizations or their industries. 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.. First, we apply a code to the contribution, identifying the industry. Her reports have garnered growing attention amid a massive uptick in retail trading - as . She also sat on the board of multiple New York-centric transportation groups including the Intelligent Transportation Society of America, the Metropolitan Transportation Authority, GrowNYC, the NY Metropolitan Transportation Council, and TRANSCOM. It also publishes Ethics Agreements which detail how an appointee would recuse themselves or divest from sensitive holdings to prevent conflicts of interest. Amid a recent flurry of complicated decisions she's had to face as leader of her caucus, Fox News host Jesse Watters launched a "Watters' World" investigation into her financial dealings during her tenure in politics. That's according to Tim Carambat, who in 2020 created and now maintains two public databases of lawmaker financial transactions House Stock Watcher and Senate Stock Watcher. "I knocked out a very, very simple version of the project in like a couple of hours. Fauci's 2020 financial disclosure was released publicly Friday night by Sen. Roger Marshall (R-Kan.), . A bipartisan group of senators also came under suspicion, including Sens. Next Post: Readout of President Joseph R. Biden, Jr. Turk is a high level official in the International Energy Agency with minimal significant financial holdings. Gary Gensler was paid $315,275 by MIT. 3 0 obj @ceowatchlist; @quicktrades; @irisapp/TikTok, A Chinese Real Estate Company Is Walloping Your Stocks. Pelosi's most recent financial disclosure pegged her maximum net wealth at $252 million and the minimum at $40 million. All rights reserved. You cansubscribe to our print edition, ad-free app or electronic newspaper replica here. Blog Post Brooks-LaSure is a revolving door hire who became the. Legal Statement. 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.". endobj Financial disclosures show that Pelosis net worth isnt close to $196 million, and the salary used in the post is wrong. /Pages 3 0 R Polite was a Partner at corporate law firm Morgan, Lewis and Bockius as well as a Director at numerous companies and nonprofits like the Oschner Health System, the Layers Committee For Civil Rights, the Anti-Defamation League, and others. 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. The Pelosis own several pieces of real estate including a mansion in Napa Valley valued up to $25 million, a DC waterfront condo worth over $2 million, and a red brick mansion in California's Pacific Heights. More articles by Ella Fanger, Twitter According to a survey done this year by Data for Progress, 67% of Americans believe federal lawmakers should not own individual stocks. Feel free to distribute or cite this material, but please credit OpenSecrets. We're independent, ad-free, and reader-supported, so we count on your small donations. 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. In a July 20 letter to Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters (D-Mich.), Sen. Josh Hawley (R-Mo.) /Subtype /Type0 Mutual Fund and ETF data provided by Refinitiv Lipper. He has also made over $150,000 from his podcasting partnership with iHeartRadio. Based on the 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. contributions may be completely unrelated to the organization. Fonzone was a partner at Sidley Austin from 2017-2021. > $1,000? ideological code, rather than an economic code, if the contributor gives to an ideological political action Mayorkas is a Partner at Wilmer Cutler Pickering Hale & Dorr since 2016 where he made up to $6 million. She also has $50k-$100k in Facebook stock. AllianceBernstein (NYSE: AB) American Express (NYSE: AXP) Netflix (NASDAQ: NFLX) PayPal (NASDAQ: PYPL) Nvidia (NASDAQ: NVDA) For clarity, I'm referring to the transactions summary for Speaker . A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Stay up to date with our daily newsletter, Abortion Rights Battle Heats Up With Nancy Pelosi Communion Ban, Brandon Johnson To Face Off Against Paul Vallas In Chicago Mayoral Race, Marjorie Taylor Greene Claims She Was Berated At Restaurant, US House Democrat Opposes Giving Biden Power To Ban TikTok, Pete Buttigieg Under Investigation For Use Of Government Planes, GOP Presidential Candidates Must Sign Pledge Supporting Nominee To Debate, Nancy Pelosi has millions of dollars in real estate investments, business partnerships and stock holdings, As speaker of the House,Pelosi receives an annual salary of $223,500, Her husband Paul Pelosiruns the venture capital, financial consulting and real estate firm Financial Leasing Services. It calculates an average of those two numbers to determine an estimated net worth. 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). /BaseFont /NAOVXP#2BGeorgia#2CBold Monaco was previously a partner at the Trump-supporting OMelveny & Meyers and a principal to the corporate shadow lobbying firm, WestExec Advisors. 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. 1 0 obj Financial disclosures show that Pelosi has millions of dollars in real estate investments, business partnerships and stock holdings. Scott Applewhite) (AP Photo/J. Primary category in which blog post is published, loophole that would allow congressional spouses, Please join Sludge as a $5-a-month member today, Steny Hoyers Secretive Island Club is Sponsored by the Gun Lobby, Three More Senators Violated the STOCK Act, Biden Decision in Apple Watch Patent Dispute Could Benefit His Megadonor, TikTok Owner Uses Back Door to Donate in Honor of Members of Congress, Minnesota Democrats Pass Voting Rights Bill in Committee. 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. Watters provided another instance where the Pelosis cashed in. 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. 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 that is listed in Haalands disclosures are a $175 annual payment she receives as a member of the Pueblo of Laguna, and student loans she still has from 2006. Copyright 2023 IBTimes LLC. Robinson owns $15-$50k in stock in multiple pharmaceutical companies like Abbvie and Abbot Laboratories and American Express ($15-$50k). Nancy Pelosi is the Speaker of the House of Representatives in Congress, which helps . She also served in various other capacities within the Democratic Party during the late 1970s and 1980s. So far this year, Senate and House members have filed more than 4,000 financial trading disclosures with at least $315 million of stocks and bonds bought or sold. Garland, a judge on the D.C. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. No one was injured, and the other driver, who was not named, was not arrested. 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. Created with Sketch. 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. Murthy made hundreds of thousands through his speaking/writing/consulting firm Blue Sky Ventures. The public filing system serves to prevent financial conflicts of interest by providing for a systematic review of the finances of government officials. He is also heavily invested in the Dodge & Cox Stock fund and over a million dollars in various investment vehicles. Power was paid $350,990 for speaking engagements with organizations and companies including Nestle, KPMG, Google, Salesforce, UBS, Compliance Week, Teneo Strategy, Transamerica, and Milbank Corp. She has also made at least $1,022,930 in book royalties. Abruzzo was the former counsel for the Communications Workers of America and her finances are in unremarkable index funds. Knowing those groups is also If, for instance, Henry Jones lists his employer as First National "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]. Greenfield is a Senior Vice President to the shadowy Albright Stonebridge Group as well as LTG Consultants. 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. "We don't want this to be a left vs. right thing. In the past week, LegiStorm added: Reports are organized by filing date. individuals may be classified instead as ideological donors. OConnells finances are relatively uncontroversial reflecting her position as the Director of the Coalition for Epidemic Preparedness Innovations. Much of it appears to be from her husband's business investments a . databases are only as current as the FEC has been able to compile by that date (see the note above about lag times 20005. As minority leader, Pelosi would have earned the $193,400 spelled out in the meme. He also is a board member of Innovate.edu. All rights reserved. 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. 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. He covers media, politics, breaking news and current events. House Speaker Nancy Pelosi is one of the richest members of Congress, but a social media post circulating about the wealth she has built while earning a congressional salary is wrong about her net worth. 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. The Facebook user who shared the meme did not respond to a request for comment. She is an American politician and Speaker of the United States House of Representatives. Granholm owns stock in energy companies like Duke Electric and other unscrupulous firms like Visa, Wells Fargo, Bank of America, Pfizer, Microsoft, and Apple. 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. 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 . 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. It also ignores that Pelosis husband, Paul Pelosi, owns and operates a San Francisco-based investment firm. One user called Pelosi the market's "biggest whale," while another called her the "queen of investing." 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). - She owns $1k-$15k in stock in companies like Amazon, 10x Genomics, Guardant Health, Amazon, Cloudflare Netflix, Nvidia, Twitter, Uber, Zoom, and more. Vice President's 2021 Financial Disclosure Report Financial Disclosures - Other White House Officials By filling out the form below, interested parties may request current financial. Washington, DC 20500. In 2007, she made history as the first woman elected to serve as speaker of the House. Nvidia shares traded at between $160 and $169 the following day when markets opened. He owns stock in Raytheon and Carrier while his spouse works for Education Forward DC. s-A2.,P3Ytd8Nv@qs%x-iT1n3S d-eu,+1!a]}}Wm1Nic?+sQhb+ ybL~"&E?. "That year, her financial disclosure report revealed a net worth of over $114 million. after the 20th of every month. He also owns a small amount of stock (less than $1,000) in Walmart. Although individual contributions are generally categorized based on the donor's occupation/employer, in some cases He was not listed as being in custody as of Sunday. Adeyemo sits on the board of the liberal nonprofit, Demos, but was also chief of staff to Larry Fink, the CEO of the. 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. Photo Credit: Vice Pres. One user called Pelosi the market's "biggest whale," while another called her the "queen of investing.". Disclosures show that Fudge receives a $5,000/month pension payment and holds up to $250,000 in retirement accounts both from the state of Ohio. Her 82-year-old husband made headlines over the weekend after Paul was arrested on suspicion of drunk driving in California. He joined Fox News in 2020. 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. (AP Photo/J. interest group. Nancy filed the disclosure form July 2. Icon/Email 1 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. 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. House Speaker Nancy Pelosi's husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in. In recent years he's made big-money bets on companies his wife is supposed to. Monjes spouse worked for the Obama Foundation. Mayorkas also has millions in various retirement accounts and investment vehicles. "In March, Paul Pelosi exercised $2 million worth of Microsoft options, just two weeks before the tech giant got a $22 billion contract to equip the US Army with high tech headsets," he said. A Napa, California, home and vineyard the California Democrat owns is worth between $5 million and $25 million and generated between $100,001 and $1 million in income from grape sales, according to her 2019 report. Created with Sketch. More:Fact check: Rep. Alexandria Ocasio-Cortez's net worth is not close to $1 million. 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 . She owns $100k-$250k in Microsoft stock and $15-$50k in Amgen. She has various holdings in health companies like like CVS, AbbVie (pharmaceutical company), General Electric (healthcare appliances) and others. She also has 3 mortgages on residential properties worth up to a maximum of $450,000. Under federal law, all contributions over $200 must be itemized and the donor's occupation and employer must be Facebook. So what is her secret, asked Watters: "It appears to be her husband, Paul. And I posted it actually to Reddit, where it gained some significant traction and people showed a lot of interest in it," Carambat said. 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. >> Last week, the Speaker was unable to pass the bipartisan infrastructure bill as progressives in her own party signaled their disapproval. The Honorable Nancy Pelosi, Speaker of the House of Representatives. Greene was a Senior Fellow at the Urban Institute and Vice Chair of the Board of Directors at the National Housing Law Project. The original disclosure files can be accessed below by filing year. Opt in to send and receive text messages from President Biden. committee AND the candidate has received money from PACs representing that same ideological interest. In other cases, the reason for the the first of the month. immediate families. We just want to make money," he said. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. He holds up to $11,250,000 in various investment vehicles, including BlackRock products. A Napa, California, home and vineyard the California. LegiStorm is constantly adding new information on the people, places and reports in our database. "And we see abnormal positive returns when there's a disclosure by a senator.". Dianne Feinstein, James Inhofe and Kelly Loeffler. Pinterest. 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 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. While assets listed on the form total between $57 million and $271 million, liabilities range from $20 million to $97 million. 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. Of course, it was banned. /Count 9 Icon/Facebook 1 While the meme uses Pelosis maximum net worth from 2010, the average is nearly half that: about $100 million. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. % Su was previously the Labor Secretary of California, one of the most pro-worker states in the country, and sits on the board of the Worker Rights Consortium and other state labor agencies. Pelosis office did not immediately respond to a request for comment. H ouse Speaker Nancy Pelosi's husband Paul Pelosi purchased millions of dollars' worth of Microsoft and Roblox stock last month. Austin is also affiliated with Pine Island Capital Partners, an investment fund with a defense company focus that the. The White House Real estate, stocks, the Pelosis always know what the right investment is.". Mary Lou Masters on February 28, 2023. Edit here is the list I made of pelosi's options. The post claims Pelosi has been in office for 28 years, during which she earned $193,400 per year. Copyright IBTimes 2023. /PieceInfo << /EOPDF << /Version <1433EF2FCB110977> /Flags 1 >> /DescendantFonts [6 0 R] 2023 FOX News Network, LLC. concerted effort by that organization to "bundle" contributions to the candidate. 14 new people through the revolving door >> For example, a report filed in 2007 covering the 2006 year is listed as a 2007 report. Nancy Pelosi Status: Member State/District: CA12 filing information filing type: Annual Report filing year: 2020 filing Date: 08/13/2021 ScHeDule a: aSSetS anD "unearneD" income << /Type /Catalog After generally hovering near an estimated $100 million throughout the 2010s, the Pelosis net worth began shooting up in 2020 and by the end of 2021 had reached more than $171 million, according to Sludges review of financial disclosures. All Rights Reserved. Jesse Watters highlights how Pelosi got so rich off of a government salary. employer. 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. He is also a board member of Behavioral Insight Team. The estimated net worth of Nancy Pelosi is $120 million. Top Contributors and Industries. You've successfully subscribed to this newsletter! financial DiScloSure rePort Clerk of the House of Representatives Legislative Resource Center 135 Cannon Building Washington, DC 20515 filer information name: Hon. << /Type /Font 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. For permission to reprint for commercial uses, 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. 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. That was a perk of being in Congress. why: Summary numbers for federal officeholders - specifically "Total Raised and Spent" and "PAC/Individual Split" - are There is also a time lag in posting the information. Icon/Twitter 1 election cycle and based on Federal Election Commission data released 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. 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. Please join Sludge as a $5-a-month member today. "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. 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.". 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 . Ross is a Senior Advisor to Nancy Pelosi so she has little work or finances reported on her disclosure form. Nancy Pelosi Reports Stock Trades, Loses $2.5 Million According to Financial Disclosure Forms. View additional financial disclosures here and see our collection of White House financial disclosures here. profiles for state and federal officeholders are derived from contribution records disclosed in campaign finance Feel free to distribute or cite this material, but please credit OpenSecrets. Washington, Sign up and stay up to date with our daily newsletter. 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. Now on Josephs' social investing platform, you can get a push notification every time Pelosi's stock trading disclosures are released. /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] A Pelosi spokesperson said that she does not personally own any stocks and that the transactions are made by her husband. Memo: Emmers son has new job in Congress, As the pandemic ebbs, Minnesota lawmakers and their staff resume taking free trips. But the financial disclosures don . She served until 2011, and in 2019, she regained her position. Estenoz was the COO of the Everglades Foundation and Director of the US Endowment for Forestry and Communities. Scott Applewhite). The gadfly account persistently exposed Nancy with embarrassing facts. Pelosi has been making phone calls to the Biden administration advocating for Maloney to take the recently vacated position, replacing . Buttigieg and his spouse also own stock in Apple, Alphabet (Googles parent company) and hundreds of thousands in other investment vehicles. Nancy Pelosi Is Raising Eyebrows Yet Again! Share Mr. Pelosi also acquired ownership interest valued at up to $1 million in asset management firm AllianceBernstein, bringing his total stake in the firm up to as much as $5 million.
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