Pelosi's Husband Bought Amazon Options Just Before New DOD Contract

Paul Pelosi, the husband of House Speaker Nancy Pelosi, bought Amazon call options just six weeks before the Pentagon announced it was canceling a multi-billion dollar contract with Microsoft and starting a new one that opened a door for Amazon's participation.

The Biden Pentagon on Tuesday abruptly announced it was canceling its multi-billion JEDI cloud services contract with Microsoft and starting a new one that Amazon could compete for.

During a conference call with reporters following the decision, the Pentagon's Acting Chief Information Officer John Sherman said although it is not guaranteed, both Amazon and Microsoft will "Likely" be awarded parts of the new contract.

After the announcement - which coincided with the first day of Amazon's new CEO Andy Jassy - Amazon stock prices closed on a record high of $3,675.

Breitbart News reviewed Pelosi's financial disclosure reports dating back to 2009 and found that the speaker's husband has a history of purchasing Amazon call options around JEDI program-related milestones in the past.

On May 21, 2021, Pelosi purchased more Amazon call options worth as much as $1,000,000.

Separately, Fox Business reported the purchase of Amazon call options, as well as a purchase of Apple call options and the exercising of Alphabet call options, came just a week before the House Judiciary Committee passed antitrust legislation that would target Google, Amazon, Apple, and Facebook.
 

https://www.breitbart.com/politics/2021/07/08/pelosis-husband-bought-amazon-call-options-weeks-before-pentagon-announced-contract-likely-benefitting-company/