The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Politics

Pelosi says she’s running because she ‘needed to be able to still raise significant money’

by September 10, 2023
September 10, 2023
Pelosi says she’s running because she ‘needed to be able to still raise significant money’

Rep. Nancy Pelosi told a reporter Friday that she’s mainly running for office to raise money for herself and other Democrats.

Speaking with outlet Politico, the 83-year-old representative from California said her veteran status in Congress is a major asset for raising funds.

‘My focus is the House and presidency; you’re in a stronger position as a candidate,’ Pelosi told Politico in the interview. ‘You may not know this, but if you’re not a candidate, you really can’t raise money for yourself. And raising money for myself enables me to spend that on other people.’

‘For the House Democrats, though, I needed to be able to still raise significant money for them as a candidate,’ she added.

Pelosi declared her candidacy for her state’s 11th Congressional District representing San Francisco in a post on X, the platform formerly known as Twitter. It would be her 20th term in the House of Representatives.

She told the outlet Friday that she has been invigorated by the 2024 election cycle and prospect of taking back the House — and perhaps defeating former President Donald Trump, whom she would not address by name.

‘I feel so excited about the prospect of engaging people in this, I don’t want to use the word ‘fight,’ but this decision for our country,’ she said. ‘I feel I have a leverage, an influence, it’s not power — you know, I had power as speaker — it’s influence and that I shouldn’t underutilize it.’

Pelosi said her decision to run again for office has the full support of her husband.

‘I wouldn’t be doing it if he were objecting,’ she said. ‘He’s apolitical, but he knows what is at stake.’

First elected to Congress in 1987, the Democratic leader made history becoming the first female speaker in 2007, and in 2019 she regained the speaker’s gavel.

Pelosi stepped down from serving as leader of the House Democratic Caucus last year, passing the torch to current House Minority Leader Hakeem Jeffries, D-N.Y. She now serves among the rank-and-file, though Democratic lawmakers have dubbed her as ‘Speaker Emerita’ out of respect for her more-than-35-year tenure in the House.

Her announcement puts to rest any suggestion of retirement, though it comes amid concerns over the advanced age of numerous elected officials, including octogenarian Senate Majority Leader Mitch McConnell, R-Ky., 90-year-old Sen. Dianne Feinstein, D-Calif., and President Biden, who is 80.

Fox News Digital’s Chris Pandolfo contributed to this report.

Timothy Nerozzi is a writer for Fox News Digital. You can follow him on Twitter @timothynerozzi and can email him at timothy.nerozzi@fox.com

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Democrat in VA race says ‘unqualified’ Whites have high-paying jobs that Black people need ‘a PhD’ to get
next post
Investor Education: Why ESG Matters for Mining Companies with Expert Seth Forman

You may also like

Trump reshapes US foreign policy with wildly successful,...

Texas Democratic county official announces switch to the...

Jill Stein announces 2024 Green Party bid for...

WATCH: GOP lawmakers confront leftist protesters who interrupt...

‘Lives depend on it’: Republicans push for prompt...

Biden’s shifting support of Israel in his own...

Trump ally floated as possible AG has harsh...

National security experts warn against ‘chaos’ of US...

Return of Trump gives families of Gaza hostages...

Here’s the real reason Trump and Zelenskyy’s deal...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • ‘A fear campaign.’ Students around the world are shocked, scared and saddened...

    • North Korea deploys mystery balloon-like objects to stricken warship, satellite photos show

    • NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit

    • US senators meet with Zelensky in Kyiv as doubt cast over upcoming Ukraine-Russia peace talks

    • Israel’s plan to ‘conquer’ Gaza is leaving Palestinians with little place to go: 5 maps show how

    Categories

    • Business (1,673)
    • Investing (4,999)
    • Politics (7,837)
    • World (6,349)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top