Did Speaker Pelosi's Announcement She Planned to Use Taxpayer Funds to Provide Every House Employee Peloton All-Access Membership Constitute a Conflict of Interest?
Should her husband, Paul Pelosi, be allowed to own stock in the company or is it a clear conflict of interest?
Shares of Peloton (NASDAQ • PTON) soared1 after prolific investor2 and Speaker of the House Nancy Pelosi announced that she was using taxpayer funds to provide all 12,000 House employees Peloton All-Access Membership.3 The deal includes an upfront payment to the company as well as a monthly fee for each employee that orders a $1,2…