Perfect Timing! Pelosi’s Husband Bought Amazon Call Options Before Pentagon Announced New Contract With Company as Top Candidate

Paul Pelosi, the husband of House Speaker Nancy Pelosi (D-CA), bought Amazon call options just six weeks before the Pentagon announced it was canceling a multi-billion dollar contract with Microsoft and starting a new one that opened a door for Amazon’s participation.

The Biden Pentagon on Tuesday abruptly announced it was canceling its multi-billion JEDI cloud services contract with Microsoft and starting a new one that Amazon could compete for.

Amazon had been favored to win the JEDI contract after the idea for a single cloud infrastructure was first conceived in 2017, but it was ultimately awarded to Microsoft in 2019. Amazon sued, arguing they lost due to then-President Donald Trump’s personal dislike of Amazon CEO Jeff Bezos. A Pentagon inspector general report found that Trump did not interfere in the contract.

The Pentagon said the new contract, “Joint Warfighter Cloud Capability” or JWCC, would be “multi-vendor” and “multi-cloud” and explicitly named Microsoft and Amazon as the two top contenders[.] (Read more from “Perfect Timing! Pelosi’s Husband Bought Amazon Call Options Before Pentagon Announced New Contract With Company as Top Candidate” HERE)

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