Pelosi to Benefit From Biden’s Infrastructure Plan?

Marc Nozell via Flickr (CC BY 2.0)

A new report is stating that Nancy Pelosi’s investment portfolio would benefit from the recently introduced Biden infrastructure plan.

According to The Washington Free Beacon:

Pelosi’s husband Paul purchased between $500,000 and $1 million in Tesla investments in December. Biden’s infrastructure plan will lead to a windfall for Tesla and its shareholders. On Wednesday, Biden unveiled his sweeping plan, which sets aside $174 billion for electric vehicle subsidies, charging stations, and other provisions designed to push more Americans into electric cars over a decade.

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Pelosi is one of the richest members of Congress, with a net worth valued around $115 million. Congressional spouses can legally invest in companies their spouses help regulate, as long as they don’t act on private information. Her husband’s Tesla investments include 25 call options at a strike price of $500 until March 2022. Call options are contracts that give the investor the right to buy shares of a company at a certain price—in this case $500—until the contract expires.

Tesla is now positioned to see a sizable boost under Biden’s proposed infrastructure plan. Barron’s says Tesla could be one of the big winners from Biden’s infrastructure plan. Wall Street expects Tesla deliveries to rise 60 percent year over year in 2021, according to the publication.

Republicans say the timing of Paul Pelosi’s investments is suspect. “There’s a reason Nancy Pelosi is one of the most disliked politicians in America—she’s corrupt,” said Torunn Sinclair, national press secretary for the National Republican Congressional Committee. “This is yet another example of Nancy Pelosi using her power to tax the middle class and personally profit from it.”

The thin margins in congress will surely set up a long and tenuous infrastructure battle on Capitol Hill, but even then, Pelosi could benefit nicely.

Image Credit: Marc Nozell via Flickr (CC BY 2.0)

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Stevo
3 months ago

Criminals love other criminals – they just keep on proving that every day !

Rodger Shull
Rodger Shull
3 months ago

NO DOUBT the OLD GULY CALIFORNIA QUEEN OF EVIL and CORRUPTION , will be even richer, sponging off the King of CORRUPTION. but are sold outs to china, they are spies for ccp.

Thomas
3 months ago
Reply to  Rodger Shull

A MAN TO BAD YOUR JUST PREACHING TO THE CHIOR??

dennis taylor
dennis taylor
3 months ago

Any politician who leaves office with more money than they showed up with should be jailed and all of their ill gotten gains taken from them and used to pay down the national debt.The democrats seem to be the worst at this kind of profiteering but I’m sure other party’s are doing the same.

L.C Black
L.C Black
3 months ago

Her husband has become a rich man using his wife’s office privileges. Why should it be any different now?

Nine Island Girl
Nine Island Girl
3 months ago

Is anyone really surprised by this???
To me this is not even news. Of course politicians go to WA with some money, they leave multi millionaires.
They should not be able to be privy to inside deals.

Steve
Steve
3 months ago

Nancy and Husband worth = $115 million (just what we are allowed to know)
Gavin Newsome worth = $22 million (just what we are allowed to know)
brother Paul Pelosi worth $120 million (only what we are allowed to know) also on the board of an energy company.
Alexandra Pelosi worth $3 million
Christine Pelosi aprox worth $3 million
corrine pelosi/Theodore Jeffery Prowda (husband) worth $500,000 and earns $80,000 per year.
Jacqueline Pelosi with husband worth aprox $2 to $3 million Dollars!!!
PEOPLE PEASANTS OUTSIDE OF POLITICS?….$600 TO $1200 EVERY 6 MONTHS!!!!!!
I WOULDN’T BOTHER MESSING UP MY BOOTS WITH THEIR FACE MEAT!!

russell
russell
3 months ago
Reply to  Steve

thief’s all

Steve
Steve
3 months ago

one word for ALL servants to the people and their funneled funds into the hidings of family members/(POLITICIANS)…
*******AUDIT!! FINANCIAL AUDIT!! TAX AUDITS!!!*******

O Olon
3 months ago

Is this legal? I would think that this is a conflict of interest as somebody (Nancy) told her husband the private info about the upcoming govt push for electric cars and all the money Pelosi and her husband would make. DIDN’T MARTHA STEWART GO TO JAIL FOR THIS INSIDER INFO? SEND PELOSI TO JAIL SHE IS A HYPOCRITE, SHE IS CORRUPT, EVIL AND SHE IS A LIAR!

Marina
Marina
3 months ago

Don’t wait today MUST sue Nancy Pelosi for gross negligence causing the wrongful dead of Ashli Babbit in the Capitol riot, she was unarmed, who gave those orders to the the Capitol police to shoot an unarmed person without first giving prior notice of that they will be shooting at them , violating the law.
No one is above the Law not even the POTUS, Nancy fired the experienced Capitol chief of police days before the riots and placed an inexperienced person to be in charge, refused the offer from the POTUS TRUMP to have 10,000 troops to stop riots in DC, there are multiple videos that show how the Capitol Police let the rioters in the Capitol and also guide them to the chambers then inside to ambush them and gun down an innocent person.
We The People want the Law to be upheld even to everyone, no one is above the LAW.
Now the say the Capitol police that shot Babbit is in hiding who is helping him to do so, and why they haven’t open an investigation!!!.

scd
scd
3 months ago

why not she and Finestien have been doing this for years.

Daniel Rhoads
Daniel Rhoads
3 months ago

My late father when I asked him about national politicians said this, “I have yet to see national politician come out of national office poorer than when then when they were elected”!!! Speaker Nancy Pelosi perfect case study!!!!!!!!!!! Crime and national politics do pay!!!!!

Thomas
3 months ago

YOU CAN BET THE FARM PELOSI WILL PROFIT OOFF IT AND 90% BOF THE CONGRESS WILL TOO. ITS HOW THE BASTARDS RETIRE ON A GOLDEN PARACHUTE AND AS MILLIONAIRES.

russell
russell
3 months ago

nancy and biden are harden thief’s

jim
jim
3 months ago

The Biden,and Pelosi crime familes keep ripping off America,with dirty dealing !

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