Summary
Progressives criticized House Democrats for choosing Rep. Gerry Connolly over Rep. Alexandria Ocasio-Cortez for the top Democratic seat on the House Oversight Committee.
The 131-84 vote, reportedly influenced by former Speaker Nancy Pelosi, sparked backlash against the party’s “gerontocracy,” with critics like MSNBC’s Joy Reid and others arguing it prioritizes seniority over fresh ideas.
Connolly defended the decision, citing his experience, but progressives argued it reflects the Democratic Party’s resistance to change, hindering its ability to address future challenges and energize younger voters.
She seems to beat it for the most part. There’s a simulator that has a Pelosi ETF trading as “NANC”:
https://simulator.tryshare.app/?tickers=NANC
Over the past 5 years, NANC has an annualized return of 15.2%, compared to 8.1% for SPY. I don’t know if the simulator takes transaction costs into account or not, but I’d guess she still beats it on average. I would hope she does, given the legalized insider trading involved.
She beats it on average, I’m just pointing out that she’s the one people keep talking about and I’m sure there’s a bunch of Republicans that are very happy about that because it means no one is looking at them.