House Speaker Nancy Pelosi’s husband purchased 2,500 shares of Tesla stock amid Democrats’ push for increased green energy spending.
Paul Pelosi, the Democratic House leader’s millionaire husband, purchased the tranche of Tesla stock on Thursday, when the company’s share price reached about $872 per share by the end of day, according to congressional filings published Monday. Pelosi bought the shares, worth roughly $2.18 million at the time, at a strike price of $500 per share.
The Congressional Progressive Caucus (CPC), a group of 97 left wing lawmakers, urged President Joe Biden to declare a “climate emergency” and issue a series of bans on federal oil and gas leasing.
The requests were part of the CPC’s proposed agenda for executive action released Thursday that it would like to see the White House pursue moving forward. Democratic Washington Rep. Pramila Jayapal is the caucus’ chair and Sen. Bernie Sanders is its sole member from the Senate.
The House Rules Committee is no longer meeting Monday to markup Democrats’ spending package, meaning that the full House vote on it and the bipartisan infrastructure bill will be delayed past Tuesday, when Democratic leadership originally sought to pass the linked legislation.
An aide said Sunday that the committee would need “additional time to craft language and get final agreement with all parties involved,” telling Punchbowl News that “extensive progress” had been made, and that the House would vote “as early as possible this week.”