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EXCLUSIVE: Sen. Ted Cruz Introduces Legislation to Redirect Unspent COVID-Relief Funds to School Security


By HENRY RODGERS, SENIOR CONGRESSIONAL CORRESPONDENT | July 22, 2022

Read more at https://dailycaller.com/2022/07/22/ted-cruz-legislation-prevent-school-based-violence-covid-money-randy-weber/

Photo by Nathan Howard:Getty Images 1222
Photo by Nathan Howard/Getty Images

Republican Texas Sen. Ted Cruz introduced legislation Friday that would use COVID-19 education-related funding to improve the security at schools across the U.S. The legislation, first obtained by the Daily Caller, is titled the Protect Our Children’s Schools Act and is a Senate companion to legislation introduced by Republican Texas Rep. Randy Weber. The bill would allow schools to use unspent previously appropriated Federal COVID-19 education-related funding to improve school security. The bill requires the Department of Education to make all un-obligated federal COVID relief funds that are available to the secretary of education for school safety purposes. As of May 2022, states have not spent the majority of their relief funding. Cruz’s legislation would try to improve school security in K-12 elementary and secondary schools.

“Far too many atrocities have been committed at schools in Texas and across our nation. Increasing school safety is of paramount importance. The excess and unused monies given to schools to address the coronavirus should be used to keep our kids safe from monsters in their communities, and our bill would make sure local schools can use these funds to address their specific security needs,” Cruz told the Daily Caller before introducing the legislation.

“It’s teachers and local education officials who know best what their schools need, and how to use funds to keep our kids safe when they go to school,” Cruz added. (RELATED: EXCLUSIVE: Rep. Roger Williams Calls On Pelosi To Pass School Security Bill, Forget ‘Partisan Gun-Control Package’)

READ THE BILL HERE: 
https://www.scribd.com/embeds/583674164/content?start_page=1&view_mode=scroll&access_key=key-xDR09IqgY4YiX0eQcE5W

(DAILY CALLER OBTAINED) — … by Henry Rodgers

“My district knows too well that evil people do evil things, and we know the importance of protecting our children in schools. As we approach a new school year, our children should feel safe and secure when they walk through the doors, and that’s why I introduced a commonsense bill to harden schools,” Weber told the Daily Caller before Cruz introduced his legislation. (RELATED: Ted Cruz Introduces Legislation To Send Illegal Immigrants To Martha’s Vineyard, Other ‘Democrat-Led Communities’)

“I appreciate Senator Cruz introducing the Senate version of the Protect Our Children’s Schools Act,” Weber added.

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Nancy Pelosi’s Husband Buys Millions in Chip Stocks Right Before Vote on Massive Chip Subsidy


REPORTED BY GABE KAMINSKY, INVESTIGATIVE REPORTER | July 15, 2022

Read more at https://dailycaller.com/2022/07/15/pelosis-husband-massive-amount-in-chips-stock-before-expected-senate-vote-subsidies/

House Speaker Pelosi Holds Weekly News Conference At The Capitol
(Photo by Chip Somodevilla/Getty Images)

House Speaker Nancy Pelosi’s husband Paul bought up to $5 million in stock of a computer chip company ahead of a vote on a bill next week that would hand billions in subsidies to boost chip manufacturing, a financial disclosure shows. Paul Pelosi purchased 20,000 shares of Nvidia, one of the world’s largest semiconductor companies, on June 17, according to the speaker’s disclosure report released Thursday. Now, senators will convene as early as Tuesday to vote on a bipartisan competition bill, which allocates $52 billion to boost domestic semiconductor manufacturing and gives tax credits for production, Reuters reported Thursday.

“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation. “This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”

Nvidia is a multinational corporation that designs and manufactures graphics processors and other technology and is heavily reliant on semiconductors. The House passed a bill in February that included $52 billion in domestic subsidies for the semiconductor industry, and chip companies, including Nvidia, demanded Congress in June move forward on finalizing semiconductor subsidies for domestic manufacturing.

“The conference is stuck. And so it seems to me there are a couple of ways out of this, potentially,” said Senate Minority Leader Mitch McConnell Tuesday, noting that the bill would have a better likelihood of passing without the $52 billion funding for semiconductor manufacturing. (RELATED: Sen. Blumenthal’s Family Splurged On Intel Stock Before He Voted For A Massive Subsidy Bill)

Republican South Carolina Rep. Ralph Norman told the DCNF the “optics” of Pelosi’s stock disclosure “are horrible.”

“Obviously Speaker Pelosi would be aware of the timing of this legislation over in the Senate,” said Norman. “On the heels of that vote, for anyone in her orbit to purchase seven-figures worth of stock of an U.S.-based chip manufacturer just reeks of impropriety.”

Paul Pelosi, who was charged with two alcohol misdemeanors in June after getting in a driving collision that led to his arrest, also disclosed that he sold up to $250,000 worth of Apple stock and up to $5 million worth of Visa stock. The speaker’s husband is an avid stock trader and purchased more than $6 million worth of Nvidia call options in 2021, filings show.

Pelosi’s office did not respond to a request for comment.

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