House Speaker Nancy Pelosi, the most powerful woman in Congress, proudly sang the praises of her longtime friend and major Democratic donor Eleni Tsakopoulos-Kounalakis during the California real estate developer's confirmation hearing in November as U.S. ambassador to Hungary.
"My husband and I are here as friends of the family and admirers of the Tsakopoulos-Kounalakis family," she told the Senate Foreign Relations Committee at the Nov. 18 hearing. "I salute her for her patriotism and for all that she will bring to this position."
What the 12-term California Democrat didn't say was that her husband, Paul Pelosi Sr., a California-based investment banker, has made more than $1 million as part of a business relationship with the new ambassador's father, Angelo Tsakopoulos, that dates back nearly 20 years.
Monday, April 19, 2010
Envoy had business ties to Pelosi's husband: Critics say speaker should have told of link
The Washington Times reports: