Nancy Pelosi Is Finding Herself In The Middle Of A Scandal Involving Taxpayer Subsidies And Her Husband
Nancy Pelosi’s found herself in the middle of another scandal.
It turns out there may have been a personal reason for Pelosi to steer billions of dollars in taxpayer money towards light-rail development in her hometown of San Francisco.
Thanks to Pelosi’s help, real estate values in the Mission Bay neighborhood have swelled, helping pad the pockets of a company called Salesforce when it sold a large plot of land it owned in the area.
The company’s CEO is a big-dollar Democrat donor. And one of the company’s major investors is none other than Pelosi’s husband.
Democrats playing political games and rewarding friends and family with taxpayer dollars? Who’s really surprised?
From the Washington Free Beacon:
The top Democrat in the House of Representatives steered more than a billion dollars in subsidies to a light rail project that benefitted a company run by a high-dollar Democratic donor and in which her husband is a major investor.
When cloud computing giant Salesforce sold a large plot of land to the Golden State Warriors in April, it had House Minority Leader Nancy Pelosi (D., Calif.) to thank for helping to swell real estate prices in the area.
Pelosi has worked for more than a decade to steer taxpayer funds to a light rail project in San Francisco’s Mission Bay neighborhood, where Salesforce had planned a new campus. Experts say the project boosted the value of Mission Bay real estate.
The company’s CEO, Marc Benioff, is a high-dollar Democratic donor. Pelosi and her leadership PAC are among the recipients of his generous campaign contributions. Pelosi’s husband is also a major Salesforce investor.