"The Speaker Does Not Own Any Stocks."

I've already pointed out the Pelosi family's insistence that "Madam Speaker doesn’t even drink alcohol!", but now we have a new whopper to add to the list. According to Fox Business,

Nancy Pelosi's office responded to her husband's controversial computer chip stock trades ahead of Congress' vote on the semiconductor industry.

FOX Business reached out to House Speaker Nancy Pelosi's office for comment about her husband’s recent stock trades, particularly inquiring about Paul Pelosi's million-dollar purchase of stock in a semiconductor company as Congress is slated to vote on a $52 billion subsidy to the industry as part of a bill to increase U.S. manufacturing of computer chips to make the country less reliant and more competitive with China.

"The Speaker does not own any stocks. As you can see from the required disclosures, with which the Speaker fully cooperates, these transactions are marked ‘SP’ for Spouse. The Speaker has no prior knowledge or subsequent involvement in any transactions," Nancy Pelosi’s spokesman, Drew Hammill, said in a statement to FOX Business.

And of course, Joe Biden has never discussed Hunter's business dealings with the First Crackhead. According to the International Business Times,

Through his various business ventures, [Paul] Pelosi has accumulated a net worth of $120 million, according to Celebrity Net Worth.

. . . The businessman is the founder of the San Francisco-based real estate and venture capital investment and consulting firm Financial Leasing Services. Through the company, he and his wife have amassed a personal fortune of more than $100 million.

Pelosi also has shares in a number of major companies, including Apple, Facebook, Walt Disney, Comcast, Microsoft, Nvidia, Amazon and the real estate group Russell Ranch.

His biggest investment reportedly came in June 2021, when he purchased around $4.8 million worth of shares in Google’s parent company Alphabet.

Not much is known about Paul Pelosi or his family, but there are intriguing hints in hs Wikipedia entry:

Pelosi was born and raised in San Francisco, the youngest in a family of three boys. His father was John Pelosi, a wholesale druggist. He attended St. Ignatius High School and graduated from Malvern Preparatory School in Pennsylvania. He earned a bachelor of science (BS) in foreign service at Georgetown University, during which he met his future wife, Nancy D'Alesandro, who was attending a Roman Catholic women's college, Trinity College, in Washington, D.C. He earned an MBA from the Stern School of Business at New York University.

Graduating from an exclusive prep school is an important social marker, as is studying for the foreign service -- the US State Department was then, and continues to be, an institution for the socially connected. In the wake of his May arrest for drunk driving, it emerged that in 1957, he was responsible for his brother's death in a sports car accident:

Paul Pelosi was just 16, a high school sophomore, when his sports car flipped over in February 1957 in Northern California.

A newspaper report at the time said Paul, a high school sophomore, would be cited for misdemeanor manslaughter. In the end there was no court case and he was exonerated by a coroner's jury.

. . . The crash occurred at 2:40 am on February 22, 1957. Paul had picked up his brother from a girlfriend's house in San Francisco and the siblings decided to go on a joyride rather than go straight home.

David Pelosi, a freshman at the College of San Mateo, was dead on arrival at the hospital.

So Paul had a sports car, and it's hard to avoid thinking his dad had connections that could fix things with the coroner's jury. His wife-to-be, Nancy D'Alessandro, according to the Washington Post,

came from a prominent Italian-American family. Her father, Thomas J. D'Alesandro Jr., also known as Old Tommy or Tommy the Elder, was [a] flamboyant and legendary machine politician, a Roosevelt Democrat. . . . Big Tommy served 22 consecutive terms in public office, from state delegate to city councilman to U.S. congressman to Baltimore mayor, followed by a low-level appointment from President John F. Kennedy to something called the Federal Renegotiation Board.

One of Pelosi's five brothers, Thomas J. D'Alesandro III, Young Tommy, served on the Baltimore City Council and became the city's mayor as well.

It's hard to avoid thinking that the marriage of Nancy and Paul at the Cathedral of Mary Our Queen in Baltimore on September 7, 1963 was an important event for two prominent Italian-American families. The couple moved to San Francisco in 1969, where Paul’s brother Ronald Pelosi was a member of the City and County of San Francisco’s Board of Supervisors. According to Wikipedia, Ron Pelosi

was a member of the San Francisco City Planning Commission, and of the San Francisco Board of Supervisors from 1968 to 1980, of which he was president from 1978 to 1980. He was chairman of the board of the San Francisco Employees' Retirement System and was on the boards of directors of the Association of Bay Area Governments, Golden Gate Bridge District and the League of California Cities.

He was also married to Barbara Newsom, an aunt of California Gov Gavin Newsom, from 1966 to 1977.

This is a remarkable story of people who've gotten by on political connections for generations. The Speaker doesn't drink, and she doesn't own any stocks.