Alarming News On Paul Pelosi One Month After DUI Charge

Paul Pelosi, Husband of House Speaker Nancy Pelosi was charged with driving under the influence of alcohol causing injury and driving with .08% blood alcohol level or higher causing injury and arrested in late May.

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Pelosi’s attorney released a statement

“Several news reports about Saturday night’s traffic incident involving Paul Pelosi have included incorrect information,” the attorney said. “Mr. Pelosi was attending a dinner party at the home of friends near Oakville.”

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“He left that party at 10:15 PM Saturday, to drive to his home a short distance away. He was alone in his car,” the statement continued.

“After stopping at the intersection of Walnut Drive and Highway 29, and proceeding across Highway 29 to Oakville Cross Road, his car was hit on the back fender by a Jeep heading southbound on Highway 29.”

The attorney claimed that Paul Pelosi was “fully cooperative with California Highway Patrol officers” and that “a prior driving offense erroneously attributed to Mr. Pelosi is untrue and likely refers to another person with the same name.”

“There are also incorrect reports that misstate the timing of events,” the statement concluded. “Mr. Pelosi left the dinner party at 10:15 PM Saturday. The incident happened a few minutes later.”

Nancy Pelosi’s office released a statement at the time saying the 80-year-old California lawmaker would not be commenting on the alleged crime.

“The Speaker will not be commenting on this private matter which occurred while she was on the East Coast,” spokesman Drew Hammill said in a statement.

Last month, California law enforcement released the mugshot of Paul Pelosi from his DUI arrest the prior month, although California district attorney is refusing to release the police body cam showing the arrest.

Fox News correspondent Chad Pergram wrote on Twitter. “Napa County says the decision to release or withhold mugshots is up to police. Not DA.”

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“Mr. Pelosi received the same treatment under that policy that all individuals released from County Jail receive,” Napa County law enforcement officials said. “No state law specifically requires the release of booking photos or mugshots, but policies regarding this topic can vary by jurisdiction.”
Pelosi agreed to a court date of Aug. 3 at 8:30 a.m. in Napa County Superior Court.

It was also revealed last month that Paul Pelosi allegedly caused his older brother’s death when he lost control of a car that he was driving back when he was a teenager in 1957.

But it seems that Nancy Pelosi’s husband is still wheeling and dealing despite his recent legal troubles.

A new report reveals that Paul Pelosi previously invested millions of dollars in Nvidia Corporation and sold large quantities of Visa and Apple stocks and call options in June — making him some extraordinary profits, Conservative Brief reports.

“The congresswoman reported three new stock and stock option trades made by her husband last month in a disclosure filed with the House of Representatives on July 14. According to the filing, Paul Pelosi exercised 200 call options, or 20,000 shares, of Nvidia at a strike price of $100 and expiration of June 17, 2022, worth between $1 million and $5 million,” the Epoch Times reported.

“On that same date, her husband also sold 50 call options in Apple at a strike price of $100, with the transaction listed with a value of between $100,000 and $250,000. Call options are a contract between a buyer and a seller to purchase a certain stock, bond, commodity, or other assets at a certain price up until a defined expiration date,” the report added.

“Her financier husband, who is estimated to be worth in excess of $100 million, also sold 10,000 shares of Visa worth between $1 million and $5 million on June 21, according to the filing. Earlier last month, Pelosi disclosed that her husband had purchased options to buy shares of Apple Inc. and Microsoft Corp. worth upwards of $2 million,” the report continued.

Paul Pelosi bought up to $5 million in stock of a computer chip company ahead of a vote on a bill next week that would hand billions in subsidies to boost chip manufacturing, the financial disclosure shows, wrote Daily Caller.

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Pelosi purchased 20,000 shares of Nvidia, one of the world’s largest semiconductor companies, on June 17, according to the speaker’s disclosure report released Thursday. Now, senators will convene as early as Tuesday to vote on a bipartisan competition bill, which allocates $52 billion to boost domestic semiconductor manufacturing and gives tax credits for production, Reuters reported Thursday.

“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation. “This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”

Nvidia is a multinational corporation that designs and manufactures graphics processors and other technology, and is heavily reliant on semiconductors. The House 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.