Many have questioned how it’s possible that when people run for Congress and spend any length of time in the position, they often come out incredibly more wealthy than when they went in.
House Speaker Nancy Pelosi (D-CA) is a prime example, and according to BizPac Review, Fox News’ Jesse Watters did a deep dive investigation into Pelosi’s past, which includes her husband, to determine how the couple has amassed a $315 million fortune during her time in office.
Pelosi and her husband have faced criticism in the past over their conveniently timed stock trades, though she was never charged with any wrongdoing or shady, backroom dealing — or she never got caught.
The speaker’s rise to fame and fortune actually began when her husband, Paul Pelosi, opened venture capital investment and consulting firm Financial Leasing Services, Inc., which he then leveraged to boost his wife onto the political scene in 1987.
Watters quickly pointed out that ever since that year, the couple’s level of wealth has rapidly grown.
“The couple has timed the market perfectly over the years while Nancy’s been a Washington insider. Real, estate stocks — the Pelosis always know what the right investment is. Since getting married, they’ve acquired a mansion in Napa Valley, a vineyard home worth up to 25 million — [a] real luxury,” Watters said during his show Saturday night.
The Fox News host went on to point out the multiple properties acquired by the Pelosis over the years, and emphasized that they seemed to really boost their wealth after she was elected to the House speakership in 2018.
“That year, her financial disclosure report revealed a net worth of over 114 million. Then in 2019, Pelosi’s assets totaled up to a whopping 271 million. And in 2020, those numbers went up even more to as high as 315 million bucks. Quite a lot of crumbs,” Watters added.
He went on to point out countless situations that the Pelosi’s hit it big on the stock market, meaning either Nancy Pelosi is a Wall Street savant, or she uses inside baseball to cash in big whenever she can. It’s probably safer to put the smart money on the latter.