Pelosi defends bringing son with Chinese business ties on Taiwan trip as 'escort'

When asked whether her son, Paul Pelosi Jr. had any business dealings during the trip, Pelosi said, "of course he did not."

Hannah Nightingale Washington DC

In a Wednesday press conference, House Speaker Nancy Pelosi defended bringing her son along her recent trip to Taiwan and other Asian countries alongside other congress members.

Speaking to reporters on Capitol Hill, Pelosi said, "His role was to be my escort. Usually, we invited spouses, not all could come, but I had him come and I was proud he was there."

When asked whether her son, Paul Pelosi Jr. had any business dealings during the trip, Pelosi said, "of course, he did not."

According to the Daily Mail, Paul Pelosi Jr. is the second largest investor in a $22 million Chinese company called Borqs Technologies.

In Securities and Exchange Commission documents obtained by the outlet, it revealed that the younger Pelosi also worked for the telecoms company in either a board or consultancy role.

In return for his service to the company, he was awarded 700,000 shares, making him the fifth largest shareholder at the time. But after others sold their stock in June of 2021, Pelosi was elevated to the second highest investor, only topped by CEO Pat See Yuen Chan, and topping one of the company’s co-founders.

A later SEC filing from May of 2022 did not show Paul Pelosi Jr. listed amongst its top 10 shareholders, suggesting that he has slipped down their ranks since last year after a stock sale left him with 400,000 shares.

According to the Daily Mail, "A March 2022 letter submitted to the SEC suggested Pelosi Jr. was still a shareholder."


Join and support independent free thinkers!

We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.

Support The Post Millennial

Remind me next month

To find out what personal data we collect and how we use it, please visit our Privacy Policy

By signing up you agree to our Terms of Use and Privacy Policy
© 2024 The Post Millennial, Privacy Policy | Do Not Sell My Personal Information