Nancy Pelosi's Investments in Intel and Bloom Energy Draw Scrutiny Amid Trump Administration Support
U.S. Representative Nancy Pelosi's investment portfolio, reportedly managed by her husband Paul Pelosi, has seen significant growth, with a 948.5% increase since 2014. Recent disclosures indicate Pelosi invested between $3 million and $12 million in Bloom Energy through 15,000 shares and 200 call options, and up to $1.5 million in Intel through 10,000 shares and 50 call options. These investments come as both companies receive substantial backing from the Trump Administration. Bloom Energy, which supplies fuel cell systems for data centers, has expanded its collaboration with Oracle for AI data centers, and President Trump has pledged continued federal funding for hydrogen hub projects that benefit Bloom's technology. Intel received an $8.9 billion investment from the Trump Administration last year, acquiring a 9.9% stake in the company, aimed at bolstering U.S. semiconductor manufacturing and reducing reliance on foreign supply chains. Intel is also exploring a return to the memory chip market, co-develop...