Chakrabarti pointed to Pelosi’s alleged role in blocking Ocasio-Cortez from becoming the top Democrat on the House Oversight Committee as a key reason for his candidacy.
“I respect what Nancy Pelosi has accomplished in her career, but we are living in a totally different America than the one she knew when she entered politics 45 years ago,” Chakrabarti, 39, posted on X. “America is stuck, and Americans want real solutions that are as big as the problems we face.”
Pelosi, who stepped down as House Speaker in 2022 after nearly two decades in the role, comfortably retained her San Francisco seat in the last election. Her office declined to comment on Chakrabarti’s announcement.
Although she has filed paperwork for re-election in 2026, Pelosi has not confirmed whether she will pursue another term. Should she retire, several figures—including State Sen. Scott Wiener and Pelosi’s daughter, Christine—are expected to be contenders for the seat. Given San Francisco’s status as a Democratic stronghold, the winner of the primary is all but guaranteed to carry the general election.
In addition to her political future and recovery from surgery, Pelosi is facing renewed scrutiny over her family’s financial dealings.
The New York Post reported that her husband, Paul Pelosi, made $38 million in stock trades in the weeks before President Donald Trump’s inauguration — a development likely to reignite calls for banning congressional stock trading.
Among the transactions were $24 million in Apple stock and $5 million in shares of Nvidia, a leading AI chipmaker. Both deals were completed on New Year’s Eve, according to federal disclosures.
One trade that has drawn particular attention involved an investment in Tempus AI, a health tech firm using artificial intelligence to analyze clinical and molecular data. Paul Pelosi purchased $100,000 in call options for Tempus AI on January 14. Since then, the company’s stock has surged nearly 60%.
The stock was trading at around $32 per share at the time of purchase. As of Thursday, it was valued at approximately $50.50 per share. Tempus AI, which went public last June with an IPO price of $37, has seen rapid growth.
Paul Pelosi, who survived a violent hammer attack during a 2022 home invasion, now holds a position with the Chicago-based firm.
Meanwhile, Nancy Pelosi’s office confirmed her successful surgery in mid-December. “Earlier this morning, Speaker Emerita Pelosi underwent a successful hip replacement and is well on the mend,” spokesperson Ian Krager said in a statement. He added that Pelosi was “grateful to U.S. military staff at Landstuhl Regional Medical Center at Landstuhl Army Base and medical staff at Hospital Kirchberg in Luxembourg for their excellent care and kindness.”
As Pelosi balances recovery with the unfolding political and ethical battles, the coming months may determine whether the longtime Democratic leader will continue her career—or pass the torch.