According to the website for Napa County, California, on Saturday night, Paul Pelosi, the husband of Nancy Pelosi, the Speaker of the House of Representatives, was arrested on suspicion of driving under the influence of alcohol in that county.
Mr. Pelosi, who is 82 years old, has been assigned a bail amount of $5,000. According to the documents kept by the county, he was released from jail on Sunday morning. The charge that he is up against is considered a misdemeanour.
Democrat Nancy Pelosi has not commented on the arrest in any public forum thus yet. She gave a graduation speech at Brown University on the previous day, which was Sunday. TMZ was the source that broke the story of her husband’s arrest.
Drew Hammill, a spokeswoman for Ms. Pelosi, has said that she was not there with her husband at the time of the incident.
Mr. Pelosi is an investor who has, for the most part, stayed out of the public eye. He is the CEO of Financial Leasing Services, a venture capital firm located in San Francisco.
This year, as proposals to prohibit stock trading by members of Congress gathered steam, Mr. Pelosi’s complex and profitable transactions grabbed attention at a time when the issue was becoming more pressing. Investors on TikTok and other platforms studied Ms. Pelosi’s stock filings and attempted to replicate his purchases.
Both Mr. and Mrs. Pelosi are owners of a vineyard in the Napa Valley area. The university served as the setting for the couple’s first meeting, which led to their marriage in 1963.