Earlier this week, the Daily Caller reported that Speaker of the House Nancy Pelosi’s husband Paul recently bought roughly $5 million in stock of a computer chip company.
According to a financial disclosure, Paul purchased 20,000 shares of Nvidia on June 17, one of the world’s largest semiconductor companies that designs and manufactures graphics processors and other technology, and is heavily reliant on semiconductors.
Pelosi got defensive when a reporter asked her if her husband has ever made stock trades based on information she was able to provide him.
“No, absolutely not” the speaker shot back before she stormed off. Sounds like a similar scenario to how President Joe Biden has demanded he has “never” discussed his son’s business dealings with him.
NEW – Pelosi says "no, absolutely not" and leaves when asked if her husband ever made stock trades based on information received from her.pic.twitter.com/ay04qa0zl5
— Disclose.tv (@disclosetv) July 21, 2022
The House, led by Paul’s wife, passed a bill in February that “included $52 billion in domestic subsidies for the semiconductor industry, and chip companies, including Nvidia, demanded Congress in June move forward on finalizing semiconductor subsidies for domestic manufacturing” reports the Daily Caller News Foundation.
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Historic House Vote Expels Rep. George Santos Amidst Scandal
In a turn of events, the House of Representatives made history on Friday with a vote to expel Rep. George Santos (R-N.Y.), marking the first such expulsion in over two decades. A moment fraught with gravity unfolded as Speaker Mike Johnson wielded his gavel to formalize Santos’ removal, setting a precedent in congressional annals.
Santos, indicted on 23 counts related to wire fraud, identity theft, and other charges, has not faced conviction but stands accused of misusing campaign funds for opulent purchases. The bipartisan vote, tallying 311 to 114, signaled robust support for expulsion, with a marginally higher number of Republicans opting to retain Santos.
Questions loomed as Speaker Johnson left the chamber, his silence leaving the fate of the ongoing government spending battle uncertain. According to reports from Fox News, Democratic Rep. Steny Hoyer emphasized the non-partisan nature of the decision, asserting that members concluded Santos had tarnished the House’s reputation and was unfit for representation.
Within the GOP, conflicting opinions emerged, with Rep. Darrell Issa arguing against expulsion, citing the presumption of innocence. The tight-lipped stance of the House Ethics Committee played a pivotal role in the deliberations.
Conversely, members of the New York Republican delegation, led by Rep. Marc Molinaro, asserted Santos’ commission of crimes, justifying expulsion based on a comprehensive investigation.
Santos himself predicted the outcome in an exclusive morning interview on “FOX & Friends.” This vote not only underlines the House’s rare use of expulsion powers but also sets a critical precedent in handling members facing severe legal challenges.
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