Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Trump could sell Nancy Pelosi Federal Building ‘at fair market value’ under new GOP bill

by March 6, 2025
March 6, 2025
Trump could sell Nancy Pelosi Federal Building ‘at fair market value’ under new GOP bill

A House GOP lawmaker wants to clear the path for President Donald Trump to sell off a federal building named after former Speaker Nancy Pelosi.

The Stop Wasteful Allocations of Money for Pelosi (SWAMP) Act, led by Rep. Buddy Carter, R-Ga., would direct the General Services Administration (GSA) to ‘dispose of the property’ or sell it ‘at fair market value and for the highest and best use,’ according to bill text obtained by Fox News Digital.

It is the latest effort by House Republicans to enact Trump’s agenda through legislative means amid a flurry of bills seeking to codify the president’s executive orders.

‘We are over $36 trillion in debt. Instead of maintaining expensive, underutilized vanity projects for liberal politicians, the federal government should be focused on efficiency and fiscal responsibility,’ Carter told Fox News Digital.

‘Selling the Speaker Nancy Pelosi Federal Building is part of a broader effort to rein in federal overreaches, reduce our debt, and put American taxpayers first.’

The Nancy Pelosi Federal Building is an 18-story structure in San Francisco that is home to several aspects of the U.S. government, including Pelosi’s own district office.

It also houses offices for the Department of Labor, Department of Health and Human Services, and the Social Security Administration, among others.

The San Francisco Chronicle reported last month that Trump was looking at selling the building named after his chief Democratic rival. However, the GSA denied it was politically motivated in a statement to Fox News Digital sent last week.

‘GSA is prioritizing the reduction of deferred liability costs across our real estate portfolio, including the potential sale of buildings in need of extensive repair. Any suggestion that our planning is driven by politics is absurd,’ a GSA spokesperson said. GSA is actively working with our tenant agencies to assess their space needs, and we’ll share more information on specific savings and facilities as soon as we’re able.’

The building was built with environmental impacts in mind. However, the area surrounding the facility has fallen prey to illicit activities.

A 2020 executive order that Trump signed during his first term, aimed at revitalizing federal buildings, referred to the building as ‘one of the ugliest structures’ in San Francisco.

Fox News Digital reached out to a Pelosi spokesperson for comment but did not immediately hear back.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
‘Star Trek shield’ technology gets $250M boost to knock drone swarms from the sky with high-powered microwave
next post
House Dems suggest Trump is trying to bring back slavery in racially charged livestream: ‘Back to the fields’

You may also like

How Trump, AG Bondi can persuade Democrats to...

January 30, 2025

Trump’s trade representative pick to appear before Senate...

February 6, 2025

Risch proposes bill to block US foreign aid...

January 30, 2025

Garth Brooks, Trisha Yearwood’s friendship with President Carter...

January 10, 2025

Rubio rips Venezuela’s Maduro as ‘narco-terrorist’ leader threatening...

July 27, 2025

Putin ally warns ‘titanic efforts’ are underway to...

August 10, 2025

White House investigating Biden use of autopen in...

July 15, 2025

Charlie Kirk’s legacy guiding ‘unhappy’ generation toward faith,...

October 15, 2025

Trump, Netanyahu to meet at White House as...

April 7, 2025

Democrats coordinate multi-state response to Trump’s funding freeze

January 29, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Travis Kelce part of investor group aiming to revive struggling Six Flags

      October 24, 2025
    • Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

      October 23, 2025
    • Jack Smith pushes for public testimony to confront ‘mischaracterizations’ of Trump probes

      October 23, 2025
    • Trump ‘not interested’ in de-escalation with ‘unhinged’ leader of Colombia, White House says

      October 23, 2025
    • Mayor Eric Adams endorses Andrew Cuomo as his successor as Zohran Mamdani maintains lead in NYC race

      October 23, 2025
    • Trump freezes out Putin for lack of ‘enough action’ toward peace — future talks uncertain

      October 23, 2025

    Categories

    • Business (817)
    • Investing (661)
    • Politics (6,064)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved