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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Wednesday, November 09, 2011

'60 Minutes' Expected to Air Investigation of Pelosi Stock Investments

(By Peter Jamison, San Francisco News) - Indications from the Beltway media world are that '60 Minutes' is preparing to air a segment exploring legislative actions House Minority Leader Nancy Pelosi oversaw that might have benefited her husband's stock investments.

According to multiple news reports, '60 Minutes' reporter Steve Kroft sprang a number of questions on Pelosi at a recent press conference in Washington, D.C. about why legislation affecting credit-card swipe fees was not brought to the floor of the house for a vote late in 2008.

Earlier that year, Pelosi's husband, San Francisco businessman Paul Pelosi, purchased between $1 and $5 million in Visa stock. Visa, based in San Francisco, was undergoing a large IPO.


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