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Home»Markets»Pelosi Appears To Have Picked Their Candidate For President In 2028
Markets

Pelosi Appears To Have Picked Their Candidate For President In 2028

February 17, 2026No Comments4 Mins Read

Rep. Nancy Pelosi (D-Calif.) may be retiring from Congress at the end of this term, but she’s not done trying to shape presidential races. The 85-year-old former House speaker has turned into what one former aide calls “a Gavin fan-girl,” deploying her legendary donor network and political capital to boost California Gov. Gavin Newsom as a 2028 White House contender. The move lands as a calculated slight to Kamala Harris, who polls ahead of Newsom nationally but appears to have lost Pelosi’s confidence after the 2024 debacle.

According to a report from Axios, Pelosi has spent months publicly and privately vouching for Newsom.

 “From the standpoint of leadership, vision, and values, knowledge of the issues, strategic thinking about how to get things done, he’s masterful,” she told The New Yorker. She told Vogue earlier this month, “I’ve seen him grow politically, I’ve also seen him have this beautiful family, and for all of us who love him, seeing him evolve has been wonderful to behold.”

She’s even trying to help Newsom shed the perception of coming from privilege, telling The Atlantic, “Everybody thinks of Gavin and a silver spoon. But that isn’t right. He was a very hard worker in everything that he did, whether it was personally, professionally, and then civically.”

This week, Pelosi told Politico that Newsom “would make a great president,” though she added Democrats have many strong potential candidates. 

The hedge shouldn’t fool anyone. 

Pelosi isn’t likely to gush unless she’s decided. Former aides say she’s been eager to publicly vouch for Newsom whenever asked and has privately admired how he’s navigated Trump “with a combination of defiance and charm.” One former staffer said Pelosi “doesn’t crush on many people” and added, “She’s hardly ever wrong. When she says she sees something, it’s a real thing.”

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Of course, Pelosi’s connection to Newsom isn’t limited to politics. Her brother-in-law was married to Newsom’s aunt, and Pelosi frequently says she knew Newsom before he was born. Politically, they’ve been connected for years, as she’s mentored him since his days as San Francisco mayor, watching him rise through California politics like a puppet master or a kingmaker.

While Pelosi is reportedly focused on helping Democrats retake the House in November and making Minority Leader Hakeem Jeffries speaker, she’s clearly looking to the future and sees Newsom as the next leader of the party who will bring Democrats to the White House. This may be a significant vote of confidence for Newsom, but it’s also an undeniable betrayal of another California Democrat, Kamala Harris. 

Pelosi endorsed Harris quickly after Joe Biden dropped out of the 2024 race, reportedly frustrating Barack Obama, who wanted a more open process.

“The Obamas were not happy,” a Pelosi confidant told ABC’s Jonathan Karl for his book Retribution. ‘This person summed up Obama’s message to Pelosi as, essentially, “What the f*** did you just do?”‘ 

Harris lost badly to Trump, spending more than a billion dollars in the process, leaving many major donors deeply disillusioned with her. Pelosi’s support would have gone a long way to repair the damage, but Pelosi appears to have moved on. 

Harris leads the 2028 field with a 27.5 percent national polling average, according to Race to the White House, while Newsom trails at 22.7%. Rep. Alexandria Ocasio-Cortez sits at 9%, former Transportation Secretary Pete Buttigieg at 8.7%, Pennsylvania Gov. Josh Shapiro at 4.9%, and Illinois Gov. J.B. Pritzker at 3.4%.

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Neither Newsom nor Harris has publicly announced their intent to seek the presidency, but both are reportedly considering, which makes Pelosi’s public courtship of Newsom a calculated snub. Pelosi’s endorsements carry weight with the donor class and party elites who decide primaries long before voters cast ballots. By elevating Newsom now, she’s signaling to those constituencies where the smart money should flow.

Whether Pelosi’s bet pays off depends on factors beyond her control. Newsom has baggage from California’s struggles with homelessness, crime, and out-migration on his watch. Harris, meanwhile, carries the weight of a failed campaign but has name recognition and institutional support, and isn’t a white male — a huge plus for a party that has gone all in on identity politics. 

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Appears Candidate Pelosi Picked President

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