Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick
Politics

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

by March 6, 2025
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
previous post
Speaker Johnson slams Dem Rep. Green’s ‘egregious behavior’ during Trump’s address
next post
‘Star Trek shield’ technology gets $250M boost to knock drone swarms from the sky with high-powered microwave

You may also like

Pentagon calls Charlie Kirk posts ‘domestic terrorism’; Dem...

September 16, 2025

Manchin says he wanted GOP to win Senate...

September 16, 2025

Ryan Routh’s SUV looked ‘lived in,’ filled with...

September 16, 2025

Appeals court blocks Trump from firing Fed’s Lisa...

September 16, 2025

White House pushes for $58M security increase in...

September 15, 2025

Israel’s military chief backs Witkoff plan over Netanyahu’s...

September 15, 2025

Maurene Comey sues DOJ for ‘unlawful’ firing, demands...

September 15, 2025

Ilhan Omar’s committee assignments under threat after ‘disparaging...

September 15, 2025

Trump demands NATO allies halt Russian oil purchases...

September 15, 2025

GOP senator predicts ‘tremendous pressure’ to change law...

September 15, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


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!

Recent Posts

  • Pentagon calls Charlie Kirk posts ‘domestic terrorism’; Dem warns discipline is ‘un-American’

    September 16, 2025
  • Manchin says he wanted GOP to win Senate to stop Democrats’ quest for ‘raw political power’

    September 16, 2025
  • Ryan Routh’s SUV looked ‘lived in,’ filled with passports, phones and notes, FBI special agent testifies

    September 16, 2025
  • Appeals court blocks Trump from firing Fed’s Lisa Cook, setting stage for SCOTUS clash

    September 16, 2025
  • White House pushes for $58M security increase in wake of Kirk assassination

    September 15, 2025
  • About us
  • Contact us
  • Terms & Conditions
  • Privacy Policy

Copyright © 2025 SecretAssetsOwners.com All Rights Reserved.


Back To Top
Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick