• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by March 6, 2025
written by March 6, 2025

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 comment
0
FacebookTwitterPinterestEmail

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

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Pentagon presses Japan, Australia on role in possible Taiwan conflict

    July 14, 2025
  • Amazon cracks down on Prime free shipping sharing

    September 3, 2025
  • FBI Director Wray is out. Don’t tear down the Bureau next. Make it great again

    December 11, 2024
  • Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

    June 14, 2025
  • ‘RFK’ing the french fries’: Steak ‘n Shake becomes a MAHA darling

    March 17, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (2,033)
  • Stock (1,017)

Latest Posts

  • Iranian vessel suffers engine failure, offloads crew days after US submarine sank other ship

    March 6, 2026
  • Trump endorses ‘MAGA warrior’ for RNC chairman after Whatley launches Senate campaign

    August 1, 2025
  • Senate advances $901B defense bill as Congress races into year-end legislative sprint

    December 16, 2025

Recent Posts

  • Primary pause, political firestorm: High-stakes elections this month take center stage

    April 6, 2026
  • TWLO Stock and Twilio Inc. Company Overview in 2024

    August 20, 2024
  • Chaos erupts at GOP lawmaker’s town hall after left-wing groups promote protests

    March 19, 2025

Editor’s Pick

  • In Iran’s ‘forever war’ against the US, regime has targeted and killed Americans worldwide

    June 18, 2025
  • Stop funding the woke and the stupid

    November 26, 2024
  • Is a Chinese chain’s blood orange cold brew the future of coffee in America?

    July 7, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock