Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

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

by
March 6, 2025
in Latest News
0
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
Previous Post

‘Star Trek shield’ technology gets $250M boost to knock drone swarms from the sky with high-powered microwave

Next Post

Speaker Johnson slams Dem Rep. Green’s ‘egregious behavior’ during Trump’s address

Next Post
Speaker Johnson slams Dem Rep. Green’s ‘egregious behavior’ during Trump’s address

Speaker Johnson slams Dem Rep. Green’s ‘egregious behavior’ during Trump’s address

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
October monthly job cuts surged to a 22-year high

October monthly job cuts surged to a 22-year high

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
October monthly job cuts surged to a 22-year high

October monthly job cuts surged to a 22-year high

November 7, 2025
Supreme Court hands Trump victory on transgender passport policy change

Supreme Court hands Trump victory on transgender passport policy change

November 7, 2025
Optimism fades as Senate Democrats dig in, hold out over Obamacare demands

Optimism fades as Senate Democrats dig in, hold out over Obamacare demands

November 7, 2025
Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

November 6, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    October monthly job cuts surged to a 22-year high

    October monthly job cuts surged to a 22-year high

    November 7, 2025
    Supreme Court hands Trump victory on transgender passport policy change

    Supreme Court hands Trump victory on transgender passport policy change

    November 7, 2025
    Optimism fades as Senate Democrats dig in, hold out over Obamacare demands

    Optimism fades as Senate Democrats dig in, hold out over Obamacare demands

    November 7, 2025
    Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

    Top Democrat backs US intel on narco-trafficking strikes, faults Biden for ‘not going far enough’ on Maduro

    November 6, 2025

    Top News

    October monthly job cuts surged to a 22-year high

    October monthly job cuts surged to a 22-year high

    November 7, 2025
    Supreme Court hands Trump victory on transgender passport policy change

    Supreme Court hands Trump victory on transgender passport policy change

    November 7, 2025

    Latest News

    • October monthly job cuts surged to a 22-year high
    • Supreme Court hands Trump victory on transgender passport policy change
    • Optimism fades as Senate Democrats dig in, hold out over Obamacare demands

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.