Advocacy

Pelosi‘s ’Expert’ for Economic Growth was Family Friend and Business Partner

from Roll Call – In May 2010, then-Speaker Nancy Pelosi took to a podium in the Capitol to introduce a half-dozen economic experts she had convened for a meeting on how to jump-start the economy. The group had met for several hours with top Democratic leaders, and Pelosi invited them to speak publicly on their perspectives on economic growth.

What Pelosi did not mention is that one of the men in the group was her son’s boss and a partner with her husband in more than a half-dozen investments, including one that generated more than $100,000 in income for the Speaker’s family last year.

It was the fourth time since 2007 that Pelosi had invited San Francisco investment banker William Hambrecht to be part of an economic policy forum on the Hill and the third time she appeared at a podium with him to speak to reporters. At none of those events did the then-Speaker reveal her financial ties to Hambrecht, and House rules did not require her to do so.

At a time when the connection between a Member of Congress’ personal finances and public role has been spotlighted by the proposed STOCK Act — which would prohibit lawmakers from trading on legislative knowledge — the case of Pelosi and her family’s investment adviser is a reminder of how few rules exist to govern these relationships

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don
4 years 8 months ago

It would seem to me that surely there has to be some sort of full disclosure law required of any congressional members! This lady is such a loose cannon, thank God she is no longer House Speaker. Whatever happened to her about lieing to the American people concerning a CIA briefing on waterboarding? Recently she has made comments thru her daughter that she would vacate her congressional seat if it were not for her Lobbyists/donors. How corrupt does she have to be before she is at the minimum censored from congress.

Harold
4 years 7 months ago

This is only the tip of the iceburg. Look at her income since 2006.

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