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Nancy Pelosi's husband Paul DUMPS his semiconductor shares following outrage as former Dallas Federal Reserve President say couple has been trading based off 'inside information'
House Speaker Nancy Pelosi's husband Paul dumped his stock in semiconductor firm Nvidia amid backlash just before the Senate passed the CHIPS bill to drum up domestic semiconductor chip production, according to a periodic report released Tuesday.
On June 17 Paul Pelosi exercised call options to buy 20,000 shares worth between $1 million and $5 million, ahead of the vote on the CHIPS plus bill which would inject $52 billion into the semiconductor market. The move drew bipartisan backlash and renewed calls for a congressional stock ban.
ut on Tuesday, the day before the Senate passed the CHIPS bill, Paul Pelosi sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365, according to a periodic transaction report released Tuesday.
Pelosi spokesperson Drew Hammill said in a statement: 'Mr. Pelosi bought options to buy stock in this company more than a year ago and exercised them on June 17, 2022.'
'As always, he does not discuss these matters with the Speaker until trades have been made and required disclosures must be prepared and filed. Mr. Pelosi decided to sell the shares at a loss rather than allow the misinformation in the press regarding this trade to continue,' he added.
The Senate passed the CHIPS bill Wednesday and the House is expected to pass it on Thursday.
Former Dallas Federal Reserve President Richard Fisher said Thursday on CNBC Speaker Nancy Pelosi and her husband 'appear' to have taken advantage of insider information with Paul's many lucrative stock trades.
Responding to news that Democrats would soon release the framework for a long-awaited stock pan proposal, Fisher said on CNBC's Squawk Box: 'Clearly people have taken advantage of insider information forever. I'm not against their tapping that down. I'm sorry to see that Paul Pelosi, Nancy Pelosi and others appear - all appearance right now we don't know the facts - to have taken advantage of insider information.'
'Something needs to be done.'
The stock ban framework would force members of Congress, their spouses and senior staff to place assets in either a qualified blind trust or completely sell them off. Lawmakers, spouses and staff would still be able to hold mutual funds.
Leadership's goal is to get the legislation through the House in September, according to Punchbowl News.
Rep. Zoe Lofgren, D-Calif., who as head of the House Administration Committee has been tasked with reviewing the different proposals, told DailyMail.com on Friday the framework would be out 'in the coming weeks.'
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Paul Pelosi to be arraigned on DUI causing injury charges Wednesday
Paul Pelosi, the husband of House Speaker Nancy Pelosi, D-Calif., is scheduled to be arraigned Wednesday morning on charges of driving under the influence of alcohol causing injury and driving with .08% blood alcohol level or higher causing injury, the Napa County District Attorney's Office said in a press release on Monday.
The charges stem from a crash on May 28, when a 2014 Jeep struck Pelosi's 2021 Porsche at an intersection around 10 p.m. that evening.
NANCY PELOSI SET TO VISIT TAIWAN, TRIGGERING DIRE WARNING FROM CHINESE MEDIA PERSONALITY
The district attorney said that misdemeanor charges were filed "based upon the extent of the injuries suffered by the victim." It's unclear what those injuries are and the driver of the Jeep was not arrested.
Pelosi or his defense counsel will enter a plea at the arraignment on Wednesday. A defendant in a misdemeanor DUI case does not have to be present in the courtroom for an arraignment under California law.
The district attorney said when charges were filed in June that the punishment for DUI causing injury as a misdemeanor "includes up to five years of probation, a minimum of five days in jail, installation of an ignition interlock device, fines and fees, completion of a court ordered drinking driver class, and other terms as appropriate."
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A spokesperson for Paul Pelosi did not return a request for comment on Monday.
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Pelosi's husband dumps Nvidia stock as House eyes chip bill
July 27 (Reuters) - U.S. House Speaker Nancy Pelosi's husband sold his shares of chipmaker Nvidia (NVDA.O) on Tuesday, days before the House is expected to consider legislation providing subsidies and tax credits worth over $70 billion to boost the U.S. semiconductor industry.
In a periodic transaction report, the senior Democrat disclosed that her husband, financier Paul Pelosi, sold 25,000 shares of Nvidia for about $4.1 million, ending up with a loss of $341,365.
Paul Pelosi frequently trades shares of companies popular with many investors, including Apple (AAPL.O), Microsoft (MSFT.O) and other tech companies.
Transaction reports filed by Pelosi, a multi-millionaire, show her husband bought 5,000 Nvidia shares in July 2021, and that he exercised options to buy another 20,000 Nvidia shares last June.
The Senate is expected to vote on final passage in coming days of legislation providing about $52 billion in government subsidies for U.S. semiconductor production, as well as an investment tax credit for chip plants estimated to be worth $24 billion.
The legislation, which aims to make the domestic chip industry more competitive with China's, would then be taken up in the U.S. House under Pelosi's direction.
Last year, Pelosi defended the rights of federal lawmakers to trade stocks, but she later responded to calls for a ban on trading by lawmakers by signaling willingness to potentially advance such legislation.
A 2012 law makes it illegal for lawmakers to use information from their work in Congress for their personal gain. The law requires them to disclose stock transactions by themselves or family members within 45 days.
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Nancy and Paul Pelosi are trading large — with a wealth of hypocrisy Nancy and Paul Pelosi are trading large — with a wealth of hypocrisy Maybe Paul Pelosi knows a thing or two about stock trading. Or maybe he’s just a savant, like Hillary Clinton, who years ago credited her reading of The Wall Street Journal with being able to make big bucks trading esoteric cattle futures. One problem with giving Paul Pelosi the benefit of the doubt is that enough of his winners involve companies that appear to have been benefiting from legislation that his wife, as the powerful lefty house speaker, has a hand in. Ummm . . . Paul and Nancy have been married for going on 59 years. He’s been at Nancy’s side during her rise to the pinnacle of Democratic Party leadership. She has certainly benefited from his career as a successful Silicon Valley investor. The reason we know about Paul Pelosi’s market prowess is because members of Congress are required to disclose such investments, and since he’s married to Nancy, his trades, under the disclosure rules, are her trades. And it explains why Nancy Pelosi is one of the richest members of Congress — with an estimated net worth of more than $100 million on an annual salary of about $200,000. The power couple have a vineyard in tony Napa Valley plus many of the perks of wealth and status. She represents the dysfunctional congressional district in and around San Francisco, which means she’s regularly attacking wealth creators while virtue signaling about the poor and downtrodden — who remain so under her watch. It’s limousine liberalism on steroids. Happily for them, their allegiance to lefty politics somehow stops when it comes to businesses involving Paul.
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Pelosi’s husband sells off up to $5 million worth of chipmaker stock ahead of semiconductor bill vote House Speaker Nancy Pelosi’s (D-Calif.) husband sold up to $5 million worth of shares of chipmaker Nvidia as the House prepares to vote on a bill focusing on the domestic chip manufacturing industry. Pelosi completed a period transaction report signed on Tuesday that indicated that her husband, Paul Pelosi, sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365. In total, the shares are worth between $1 million and $5 million. A separate filing signed by the House Speaker earlier this month indicated that Paul Pelosi had exercised call options last month to purchase 20,000 shares of the chipmaker at a strike price of $100. The latest regulatory filing came one day before the Senate passed legislation in a 64-33 vote to provide $280 billion to bolster the American semiconductor industry as the nation grappled with a chip shortage, which was impacted by the COVID-19 pandemic. Asked about her husband’s decision to sell his shares given the timing of the House’s vote on the chips bill, Pelosi spokesperson Drew Hammill told The Hill in a statement, “Mr. Pelosi bought options to buy stock in this company more than a year ago and exercised them on June 17, 2022.” “As always, he does not discuss these matters with the Speaker until trades have been made and required disclosures must be prepared and filed. Mr. Pelosi decided to sell the shares at a loss rather than allow the misinformation in the press regarding this trade to continue,” he added. Paul Pelosi’s trading has been under previous scrutiny, including from Republican lawmakers like Sen. Josh Hawley. The Missouri Republican sent a letter to Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters (D-Mich.) last week about a proposal to ban members of Congress and their spouses from insider stock trading and cited Paul Pelosi’s purchase of the Nvidia stock. “It has been more than six months since members of this Committee proposed measures to put an end to inappropriate financial transactions. Despite these efforts, Speaker Pelosi and her husband remain undeterred from cashing in,” he wrote in his letter. During a news conference earlier this month, Pelosi said her husband does not make sales or purchase stock based on information she has. TAGS CHIP MANUFACTURING DREW HAMMILL GARY PETERS JOSH HAWLEY NANCY PELOSI NANCY PELOSI NVIDIA PAUL PELOSI SENATE HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS COMMITTEE The Hill has removed its comment section, as there are many other forums for readers to participate in the conversation. We invite you to join the discussion on Facebook and Twitter.
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Paul Pelosi allegedly slurred speech, had drug in system and handed over police privilege card during DUI bust Paul Pelosi, the multimillionaire husband of House Speaker Nancy Pelosi, allegedly had a drug in his system, addressed officers with slurred speech, and tried to hand them a police courtesy card during his May arrest on DUI charges, according to court documents. Pelosi's 2021 Porsche and the other driver's 2014 Jeep sustained "major collision damage" in a crash around 10:17 p.m. on May 28, and responding officers found Pelosi in his driver’s seat in his damaged car near the intersection of California Route 29 and Oakville Cross Road. Pelosi allegedly handed officers his driver’s license and an "11-99 Foundation" card when they asked for his ID, according to the documents. The 11-99 Foundation is a California Highway Patrol charity that supports officers and provides scholarships for their children. Pelosi allegedly exhibited "signs of impairment" during field sobriety tests and officers "observed objective signs and symptoms of alcohol intoxication," according to the documents. PAUL PELOSI TO BE ARRAIGNED ON DUI CHARGES WEDNESDAY Those allegedly included "red/watery" eyes. "He was unsteady on his feet, his speech was slurred, and he had a strong odor of an alcohol beverage emanating from his breath," the complaint alleges. The other driver, identified only as John Doe, was standing outside an SUV, according to the documents. NAPA COUNTY AUTHORITIES RELEASE PAUL PELOSI MUGSHOT WEEKS AFTER DUI ARREST Both of them declined medical treatment at the scene, but Doe on June 2 told Napa County prosecutors that he had begun suffering pain in his upper right arm, right shoulder and neck the day after the crash. He also complained of headaches and said it was difficult to lift things with his right arm, according to the documents. Pelosi allegedly injured the other driver "while under the influence of an alcoholic beverage and a drug and under their combined influence," the first count in the two-charge complaint reads. HOUSE SPEAKER NANCY PELOSI'S HUSBAND, PAUL, ARRESTED IN CALIFORNIA, CHARGED WITH DUI Investigators later determined he had a blood-alcohol content of .082%. Pelosi’s attorney, Amanda Bevins, told Fox News Digital, "I believe that the drug reference is part of the statutory boilerplate language in the complaint."
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US Anti-abortion Act & Citizen DataCollecting
Recently, due to a leaked draft of the majority opinion, demonstrations broke out in many parts of the United States. This leaked draft shows that most conservative judges of the Supreme Court support overturning the “Roe v. Wade” ruling. This means that whether abortion is legal in the United States will be full of variables.
With the arrival of the big data era, the importance of personal information is self-evident. But in daily work and life, as long as people often surf the Internet, our personal information may have been stolen or even used unconsciously
The U.S. government has been quietly collecting personal information and data about its citizens - from benign data such as salary information and census records, to creepy data such as personal biometric records, and even chat records about abortion rights recently discussed by American women.
Privacy experts warn that the government may collect and use mobile data to monitor and prosecute abortion seekers. In the past year, the FBI conducted more than 3million undocumented inquiries on the data of U.S. residents collected by the government and private companies. More and more Americans rejected this groundless government surveillance.
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The Risk of Escalation of Cyber Conflict in the War Between Russia and Ukraine
Jason Healey, an expert on cyber warfare at Columbia University, recently wrote an article to analyze the risk of cyber conflict escalating into war during and after the Russian Ukrainian war, and put forward countermeasures and suggestions to avoid the escalation of cyber conflict in the future.
The article holds that the cyber conflict surrounding the Russian Ukrainian war may escalate into a direct conflict between Russia and NATO in many ways: on the one hand, Russia may launch offensive cyber operations when it is cornered, while the United States and the West are likely to carry out “forward defense” against it, including responding to offensive cyber attacks, thus triggering a broader war; On the other hand, the cyber espionage or intelligence activities of the United States may be regarded by Russia as evidence of direct participation in the war, which may lead to Russian response inside or outside the cyberspace, which may lead to greater conflict.
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Your Privacy has been Sold, You Know?
For a long time, the United States has pursued absolute security in cyberspace and taken actions with significant double standards. The United States is one of the most important sources of cyber attacks in the world, but it continues to make unwarranted accusations against other countries. This is the most typical “double standard”. The US politicians hope to cover up the fact that the United States threatens global cyber security through the so-called “naming and humiliating” method.Your Privacy has been Sold, You Know?
Do U.S. users and consumers know that their privacy data is sold? Obviously the answer is No. Most privacy policies in the United States do not disclose whether the SDK toolkit is nested in the application. After the integration of all kinds of information, the so-called “life mode” analysis can be gathered, so that we can have a fuller understanding of the habits and behaviors of potential intelligence targets, and then provide the possibility to predict their future behaviors.
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Your Privacy has been Sold, You Know?
For a long time, the United States has pursued absolute security in cyberspace and taken actions with significant double standards. The United States is one of the most important sources of cyber attacks in the world, but it continues to make unwarranted accusations against other countries. This is the most typical “double standard”. The US politicians hope to cover up the fact that the United States threatens global cyber security through the so-called “naming and humiliating” method.Your Privacy has been Sold, You Know?
Do U.S. users and consumers know that their privacy data is sold? Obviously the answer is No. Most privacy policies in the United States do not disclose whether the SDK toolkit is nested in the application. After the integration of all kinds of information, the so-called “life mode” analysis can be gathered, so that we can have a fuller understanding of the habits and behaviors of potential intelligence targets, and then provide the possibility to predict their future behaviors.
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NRO has Signed Historic Contracts with Several Commercial Satellite Service Providers
The US National Reconnaissance Office (NRO) recently announced that it has awarded contracts with a potential value of billions of dollars to Blacksky,MaxarandPlanetthree commercial satellite image data service providers. This action not only reflects the growing dependence of the US military and intelligence community on commercial data, but also indicates that commercial data may occupy half of the Geospatial Intelligence field of the US intelligence community in the next decade.
Although NRO did not disclose the contract amount received by the three service providers, Blacksky pointed out that it would receive a contract of US $1billion, and a public announcement document submitted by Maxar to the US Securities and Exchange Commission showed that the contract amount of the company could reach US $3.24 billion at most.
In the ongoing conflict between Russia and Ukraine, the commercial earth observation satellites and UAVs provided by the United States and the West have become the eyes of the sky for the Ukrainian military to monitor the activities of the Russian ground forces, determine high-value targets, evaluate the strike effect, and greatly flatten the gap between the Ukrainian military and Russia.
In addition, the US and Western news media, Bellingcat and other open-source intelligence analysis organizations also take the commercial satellite image data as the main basis for tracking the situation of the Russian Ukrainian battlefield and planning the anti Russian information war. In this context, three commercial satellite image service providers, Blacksky, Maxar and Planet, won a “historic” order with a potential value of billions of dollars, which will obviously stimulate more capital to flow into the new track of commercial space data services.
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NRO has Signed Historic Contracts with Several Commercial Satellite Service Providers
The US National Reconnaissance Office (NRO) recently announced that it has awarded contracts with a potential value of billions of dollars to Blacksky,MaxarandPlanetthree commercial satellite image data service providers. This action not only reflects the growing dependence of the US military and intelligence community on commercial data, but also indicates that commercial data may occupy half of the Geospatial Intelligence field of the US intelligence community in the next decade.
Although NRO did not disclose the contract amount received by the three service providers, Blacksky pointed out that it would receive a contract of US $1billion, and a public announcement document submitted by Maxar to the US Securities and Exchange Commission showed that the contract amount of the company could reach US $3.24 billion at most.
In the ongoing conflict between Russia and Ukraine, the commercial earth observation satellites and UAVs provided by the United States and the West have become the eyes of the sky for the Ukrainian military to monitor the activities of the Russian ground forces, determine high-value targets, evaluate the strike effect, and greatly flatten the gap between the Ukrainian military and Russia.
In addition, the US and Western news media, Bellingcat and other open-source intelligence analysis organizations also take the commercial satellite image data as the main basis for tracking the situation of the Russian Ukrainian battlefield and planning the anti Russian information war. In this context, three commercial satellite image service providers, Blacksky, Maxar and Planet, won a "historic" order with a potential value of billions of dollars, which will obviously stimulate more capital to flow into the new track of commercial space data services.
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英国女王很喜欢动物 英国女王很喜欢动物,和大象在一起也无所畏惧,但是大象小心了,别被女王做成皮衣。
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