Pelosi Won’t Divest Drug Stock, Dismisses Conflict Claim
House Speaker Nancy Pelosi (D-Calif.) dismissed any notion Thursday that her sponsorship of Medicaid legislation that would likely help her husband’s financial holdings in a pharmaceutical company presented a conflict of interest.
She also stressed there was no need to divest any stock that her husband holds in Johnson & Johnson, a company that makes and markets HIV-related drugs that could be helped by the Early Treatment of HIV Act, which Pelosi introduced last summer.
“Absolutely not,” Pelosi said Thursday when asked if she would consider divesting.