<p>Amid Democrats pushing for higher levels of green energy spending, the husband of House Speaker Nancy Pelosi (D-CA) bought 2,500 shares of Tesla stock, according to recent congressional filings.</p>
<p>Pelosi&#8217;s husband Paul purchased the shares last Thursday and the filings were <a href="https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2022/20020662.pdf">published</a> Monday. He paid $500 a share, or $2.18 million at time of purchase. Shares rose to $872 each by the end of that day. Since executing the trade, shares of the electric vehicle and clean energy company surged about 19%, reaching $1,036 at one point.</p>
<p>Pelosi and her husband, a multi-millionaire who runs a venture capital firm in San Francisco, purchased millions of dollars in call options after defending the right of congressmen to trade stocks, The Daily Wire <a href="https://www.dailywire.com/news/pelosi-husband-buy-millions-in-call-options-days-after-she-defended-congress-being-allowed-to-buy-stock-report">reported</a>. The lawmaker said in December 2021 that lawmakers &#8220;should be able to participate&#8221; in stock trading after Business Insider <a href="https://www.businessinsider.com/congress-stock-act-violations-penalties-consequences-2021-12">released</a> a report finding that &#8220;57 members of Congress and at least 182&#8221; well-paid staffers filed stock trades late in 2020 and 2021.</p>
<p>After pushback on a bipartisan level, Pelosi changed her position months later on stock trading for members of Congress. Pelosi said she would not block a ban, noting, &#8220;We have to do something to deter something that we see as a problem, but it is a confidence issue, and if that’s what the members want to do, then that’s what we’ll do.&#8221;</p>
<p>Pelosi&#8217;s office did not immediately respond to a Daily Wire request for comment Wednesday afternoon.</p>
<p>Paul Pelosi&#8217;s large purchase of Tesla stock comes as Democrats continue to support more green energy spending. Twenty three Democrats urged President Joe Biden recently to pledge $555 billion to climate action, as included in a framework for the president&#8217;s Build Back Better plan. The investment is <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2021/10/28/president-biden-announces-the-build-back-better-framework/">noted</a> in a White House memo as &#8220;the largest single investment in our clean energy economy in history, across buildings, transportation, industry, electricity, agriculture, and climate-smart practices across lands and waters.&#8221;</p>
<p>Earlier this months, 89 Democrats wrote a <a href="https://casten.house.gov/sites/casten.house.gov/files/BidenClimateReconciliaitonLetter3.14.pdf">letter</a> to Biden calling on him to prioritize climate change. &#8220;We still have more to achieve in accomplishing your vision for the next generation,&#8221; the lawmakers said. &#8220;The more than $555 billion in climate investments in the House-passed Build Back Better Act can serve as the building block to restart negotiations.&#8221;</p>
<p>The Congressional Progressive Caucus, which consists of 97 Democrat lawmakers, released an agenda last week that said there is a &#8220;climate emergency.&#8221; The lawmakers urged Biden to institute bans on federal oil and gas leases after the president previously <a href="https://www.dailywire.com/news/biden-halts-oil-gas-leases-as-oil-prices-skyrocket-at-home">halted</a> drilling in February 2021. Many have attributed the spike in gas prices — the most expensive in U.S. history — to this and other energy-related policies, such as the <a href="https://www.dailywire.com/news/keystone-pipeline-dead-killed-by-biden-thousands-of-jobs-lost">termination</a> of the Keystone XL Pipeline.</p>
<p><i>Send story tips to Gabe Kaminsky at </i><a href="mailto:gekaminsky@protonmail.com"><i>gekaminsky@protonmail.com</i></a><i>. Follow him </i><a href="https://twitter.com/gekaminsky"><i>on Twitter</i></a><i>.</i></p>

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Pelosi’s Husband Buys $2 Million Worth Of Tesla Stock As Democrats Call For More Green Energy Spending

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Pelosi’s Husband Buys $2 Million Worth Of Tesla Stock As Democrats Call For More Green Energy Spending