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Don’t Bore Me With Your Conflicts of Interest

In the how-dare-you-question-my-virtue category of political certitude, House Speaker Nancy Pelosi (D-Cal.) had a somehow refreshingly honest response

Jul 31, 2020
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In the “how-dare-you-question-my-virtue” category of political certitude, House Speaker Nancy Pelosi (D-Cal.) had a somehow refreshingly honest response Thursday to a reporter with the temerity to assume that she suffers the same temptations and proclivities as the rest of the race. The transcript speaks for itself:
Reporter: There are some critics who are have said that your support for the Early Treatment of HIV Act last year and your pharmaceutical holdings represent a conflict. Would you consider divesting your stock from Johnson & Johnson?
Ms. Pelosi: No.
Reporter: Or do you think you should have at least announced your campaign contributions from Amgen and your holdings before introducing the bill last year?
Ms. Pelosi: Absolutely not. My first speech on the floor of the House in 1987, over 20 years ago, was on the subject of HIV/AIDS and research. My work in the Congress has had this as a priority. I would no more do that than I would say my support for broadband means I have to divest any technology stock I have, or my interest in preserving the planet means I have to divest of any interest I may or may not have – I don’t even know – in any green technologies. No.
Sorry. Our bad. We forgot that Democrats would neveruse their seats of power for financial gain.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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