Nancy Pelosi Reelected As House Speaker In Narrow Vote

 

Nancy Pelosi won another term as Speaker of the House of Representatives on Sunday, after a narrow vote.

80-year-old Pelosi will hold the position for a second consecutive two-year term and fourth overall, having previously been elected in 2007, 2009 and 2019.

Pelosi has served as a US representative from California since 1987. A member of the Democratic Party, she is the only woman in U.S. history to serve as Speaker and, until the inauguration of Kamala Harris as Vice President, is the highest-ranking female elected official in United States history.

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As House speaker, Pelosi is second in the presidential line of succession, after the vice president.

During her first speakership, she was instrumental in the passage of many of the Obama administration’s landmark bills, including the Affordable Care Act, the Dodd–Frank Wall Street Reform and Consumer Protection Act, the Don’t Ask, Don’t Tell Repeal Act, the American Recovery and Reinvestment Act, and the 2010 Tax Relief Act.

Pelosi lost the speakership in 2011 after the Republican Party won a majority in the House of Representatives in the 2010 elections.

She retained her role as leader of the House Democratic Caucus and returned to the role of House minority leader. In the 2018 midterm elections, the Democrats regained control of the House.

When the 116th Congress convened on January 3, 2019, Pelosi was again elected speaker, becoming the first former speaker to return to the post since Sam Rayburn in 1955.

Under Pelosi’s leadership, the House of Representatives impeached President Donald Trump on December 18, 2019.

Despite supporting the $2000 checks for struggling Americans, Pelosi, along with everyone in congress have provoked anger from citizens who see them as being out of touch with the average people.

The nonpartisan Center for Responsive Politics (CRP) estimated in 2009 that Pelosi’s average net worth was $58 million which ranks her 13th among 25 wealthiest members of Congress.

Roll Call said Pelosi’s earnings are connected to her husband’s heavy investments in stocks that include Apple, Disney, Comcast, and Facebook. Roll Call reported that the Pelosis have $13.46 million in liabilities including mortgages on seven properties.

According to Roll Call, Pelosi and her husband hold properties “worth at least $14.65 million, including a St. Helena vineyard in Napa Valley worth at least $5 million, and commercial real estate in San Francisco”.

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