President Donald Trump’s administration is looking to sell two government buildings in San Francisco, one of which bears the name of ex-Speaker of the House Nancy Pelosi, according to a report. Trump’s team is hearing offers for 640,000-square-foot Nancy Pelosi Federal Building and a century-old, 360,000-square-foot building currently serving as the General Services Administration’s headquarters, ABC7 Los Angeles reported.
The White House has said that it will save money by selling the properties and then leasing them back as office space for federal workers.
However, ex-congresswoman Jackie Speier believes it has more to do with taking revenge on Democrats in the liberal stronghold.
“It’s another example of how he is coming after Democrats. He’s coming after California, and it’s all about payback,” she told the outlet, adding that the sales don’t make financial sense. “The lease will keep going up and you will end up paying the property taxes of the lessor, whereas you don’t pay federal taxes when you are a federal government,” said Speier, who was a representative from 2008 to 2023.
Pelosi—the California Democrat for whom the building is named—has been one of Trump’s biggest critics and one of his most public political foes. Read more at ABC7 Los Angeles.
{Matzav.com}