Nancy Pelosi and her husband appear to have used unreported $28 million in Covid pandemic grants

[Phenomenally Frantastic]

Unusual!

“BREAKING: Nancy Pelosi and her husband appear to have used unreported $28 million in Covid pandemic grants to make their personal investments in a hotel profit, per RealClearInvestigations.

The two of its investors in the Auberge du Soleil, a five-star hillside hotel and spa.

The Auberge du Soleil investment, held for decades by Paul Pelosi, has rarely turned a significant profit, until 2021.

Then, Pelosi’s private holdings, such as the Auberge du Soleil resort, received upwards of $28 million in pandemic-related taxpayer funds, including the PPP, the COVID-19 Economic Injury Disaster Loan, and a special grant program for restaurants.

For example, the Restaurant Revitalization Fund, one of the additional programs launched by the new round of pandemic spending, provided $5 million to the Auberge du Soleil in June 2021.

The first PPP loan, awarded the previous year, provided $2.9 million – helping the Pelosis earn millions on an investment that has rarely turned a significant profit, according to Nancy’s ethics disclosures.

This is unusual.”

 

[THE_DEVIL]

have used unreported $28 million in Covid pandemic grants
From the article-

There is no indication that the Pelosis did anything illegal. But Eyermann and other ethics experts argue the funds posed conflict of interest issues. He’s not surprised that wealthy lawmakers tapped COVID-related largesse. “To even pursue it,” he added, “they put themselves ahead of those who truly needed it.

Also the tweet uses the word unreported to imply misdeeds when the author of the story posited it as not publically known-

A RealClearInvestigations analysis found that Pelosi’s profits spiked from a variety of holdings that won significant government rescue funds – which amounted to $28 million, a total more than previously known.

 

[The Tradition]

This is not unique to the Pelosis.

All the pigs were feeding at the trough of the COVID money.

 

[THE_DEVIL]

The PPP program was ripe with fraud and was not done correctly, but the pols pushed it thru on an expedited manner. Then they abused it. Not just Pelosi but pols on both sides of the aisle.