Pelosi Blasts Facebook for Enabling Russian Election Interference — Owns Around $1M in Company’s Stock

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House Speaker Nancy Pelosi claims Facebook is helping the Russians by allowing a doctored video of herself to be posted, but she owns around $1 million in company shares.

During an interview with a local California station, Pelosi lashed out at the social media platform, claiming that knowingly allowing false information to stay was a form of spreading lies.

“We have said all along, poor Facebook, they were unwittingly exploited by the Russians. I think wittingly, because right now they are putting up something that they know is false. I think it’s wrong,” Pelosi said. “I can take it … But [Facebook is] lying to the public.”

Yuri Gripas/Reuters

She went on to claim that allowing the posts to stay was a sign they allowed the Russian election interference.

“I think they have proven — by not taking down something they know is false — that they were willing enablers of the Russian interference in our election,” said Pelosi.

According to a report by the Washington Free Beacon, Pelosi and her husband owned up to $1 million in shares based on their 2017 financial disclosures. Over the past year, Pelosi’s husband reportedly increased that investment significantly.

Nancy Pelosi
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E-commerce association NetChoice responded to Pelosi’s “false and over-the-top” accusation, claiming that her comments were politically driven.

“Speaker Pelosi’s accusation that Facebook is a ‘willing enabler’ of Russian interference in our elections is completely false and appears to be an attempt to use an important national discussion for her own political gamesmanship,” said Carl Szabo, NetChoice vice president to the Washington Free Beacon.

Szabo claimed that her intention is to “to frighten platforms into removing any content she feels is unflattering.”

Despite Pelosi’s objections to the platform’s decision to keep the video, she has spent almost $100,000 for Facebook ads. While the company has also been criticized by Hillary Clinton for leaving the video up, it does not seem like it will be taken down.

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Phyllis Softa
Member

Zuckerberg is aware that a market for Fake News exists. He & FB stockholders have made a lot of money off of NOT underestimating the taste of that segment of the American public. Why should WWE, National Enquirer and Rupert’s tabloids have a lock on fake news. American capitalism. Give them what they want.

Phyllis Softa
Member

This is a bit confusing article and title. One says she owns around a million shares and the other says owned up to a million. HOW MUCH does she & her husband own?. If she is a majority stockholder, is she/he one of the majority stockholders that pressured Zuckerberg to step down–he refused BTW. Zuckerberg would be the ONLY person in the country that would be unaware that there is an audience for FAKE NEWS—the faker the better. They eat it up & spit it out all over social media while pretend they are too dumb to know it is… Read more »

Otis
Member

Is this collusion?

James
Member

Typical Leftist hypocrite.

Mitchell
Guest
Mitchell

Time to break up Facebook I guess.

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