Pelosi bashes No Labels as "perilous to our democracy" and threat to Biden

House Speaker Emerita Nancy Pelosi on Thursday eviscerated the centrist group No Labels and its attempt to mount a third-party presidential bid. 

"I think that No Labels is perilous to our democracy. I say that completely without any hesitation," she said. "This is about an illusion being created, that it's about non-partisanship and bringing people together."

Pelosi made the statements at a breakfast with reporters hosted by Third Way, a centrist Democratic group that argues No Labels' third-party effort will lead to another Donald Trump presidency.