Why Was Nancy Pelosi’s Husband Arrested, Jailed in California?

Why Was Nancy Pelosi’s Husband Arrested, Jailed in California?
White House speaker Nancy Pelosi's husband, Paul Pelosi, was arrested and jailed in California before being bailed out for driving under the influence. The Democrat's husband, who runs Financial Leasing Services, a San Francisco-based venture capital company, had a blood-alcohol level of .08 or higher. Photo by Paul Morigi/Getty Images

White House Speaker Nancy Pelosi's husband, Paul Pelosi, has was arrested by authorities after he allegedly drove under the influence last Saturday night.

Paul was taken into custody in Napa County, California, at around 11:44 p.m. and was charged with driving with a blood-alcohol level of .08 or higher as well as driving under the influence of alcohol.

Paul Pelosi's DUI Arrest

The house speaker's husband was booked into jail at 04:13 a.m. on Sunday and was released at 7:26 a.m. based on records from Napa County. The records indicate that Paul's bail was set at $5,000. The 82-year-old has been married to the house speaker since 1963, with this year being their 59th year together.

A spokesperson for the house speaker said that Nancy would not be commenting on her husband's situation, calling it a "private" matter. The spokesperson added that during the incident, Nancy was on the East Coast and not with her husband, as per Fox News.

While not addressing the situation publicly, the house speaker delivered a commencement address at Brown University on Sunday. Paul is an investor who has typically avoided the spotlight and runs Financial Leasing Services, a San Francisco-based venture capital company.

According to the New York Times, as efforts to ban stock trading by members of Congress gained momentum this year, Paul's sophisticated and lucrative trades drew immediate attention. Several investors on TikTok and other platforms reviewed the house speaker's stock disclosures and mimicked her investments.

At the time of the incident, the house speaker was in Providence, Rhode Island, where she was awarded an honorary doctorate degree. During the Democrat's remarks, she called on graduates to help unify a "deeply divided" country, referencing the recent "senseless" mass shootings in Uvalde, Texas, and Buffalo, New York.

Nancy said that she saw dazzling brilliance and beautiful diversity while speaking to the crowd at Brown University. She added that what she saw was the country's future and urged the class of 2022 to go forward with courage to build unity and hold on to their hope, ABC News reported.

Controversial Position

The arrest also comes after Joe Rogan, the controversial podcast host, took aim at the house speaker and other members of Congress for being allowed to own stock options even though they're in a position to regulate the industries from which they profit. He said that lawmakers knew what laws were going to be put into place.

Rogan also noted that Paul owned more than $2.5 million in shares of Tesla, the leading electric vehicle manufacturing company in the world and whose CEO, Elon Musk, is the richest man alive. Fellow podcaster Greg Fitzsimmons, who was a guest at Rogan's podcast, said that the situation was simply insider training.

He added that if someone was going to sign a bill that was going to be a massive boost to the electric vehicle industry, they can buy a lot of stock in electrical vehicles which would be a good investment as the price for each would be expected to go up, the New York Post reported.


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Tags
Nancy Pelosi, Driving Under the Influence, Dui, Arrest
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