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Politics

Nancy Pelosi's son was unnamed guest on Hong Kong trip

He holds board positions on companies with interests in the region.

August 10, 2022 6:12pm

Updated: August 11, 2022 9:18am

Western media covering House Speaker Nancy Pelosi’s visit to Hong Kong seem to have ignored that her son, Paul Pelosi Jr., accompanied her as an unnamed guest.

The presence of the 53-year-old only child of Nancy and Paul Pelosi Sr., an investment banker, on her Asia delegation was blasted by critics, citing persistent accusations against the family of insider trading.

“His name wasn't listed as part of the official delegation. They didn't want you to know Paul went to Asia with his mom, but if you look closely at the photos, there he is, Pauly P. Jr., about as unqualified as Hunter with all the big dogs there in Asia,” said Fox News host Jesse Watters on his show Monday evening.

“He was also caught by foreign photographers in Singapore and Japan.”

Earlier this year, it was reported that Paul was involved in five companies being investigated by federal agencies before, during or after his time there. A source close to a lithium mining company the son worked at as a Senior Advisor in July 2016 told DailyMail.com said he received 2.8 million of shares allegedly issued as part of a massive $164 million pump-and-dump scheme.

Watters and others noted that Paul is currently on the board of two lithium mining companies - St-Georges Eco-Mining and Altair International.

“If you thought Hunter Biden's business deals were shady, just wait. Pauly Jr. is on the payroll of two lithium mining companies and Asia just happens to be a lithium gold mine and Taiwan just happens to be a world leader in lithium battery production. He's also heavily invested in Singapore's energy sector. Wasn't that another stop on Nancy's trip?,” said Watters.

Scrutiny of the Pelosis’ finances accelerated after a Twitter account tracking their stock market activity went viral last year. It was banned in January after highlighting that Nancy Pelosi has outperformed some of the world’s best investors, but has since returned.

Nancy Pelosi has pushed back at bipartisan calls for a ban on members of Congress trading stocks, saying in Dec. 2021 that they should be able to participate freely in the stock market because “we are a free-market economy.”

Peter Schweizer, author of books on corruption like Clinton Cash and Red-Handed, called Paul visiting the tense region with his politician mother “the sort of stuff you’d expect from the mafia.”

“He’s not a foreign policy advisor,” Schweizer said on Jesse Watters Primetime on Monday, who accused Paul of looking for business deals. “This is called leverage.”

Schweizer compared the services Paul offered to those of Hunter Biden, the president’s scandal-ridden son who is currently under investigation for possible tax fraud, money laundering and foreign lobbying schemes.

“They’re vague, they’re consulting, they’re offering ‘advisory services,’” he said. “There don’t actually have some product that they’re trying to sell.”

The author also thanked Watters for covering the story of Paul on his mother’s Asia trip, saying most of the establishment media was avoiding it to protect access to the House Speaker – the third-highest ranking U.S. government official.