Former President Donald Trump said Thursday that he believes Representative Nancy Pelosi (D-Calif.) “should be prosecuted” in her husband's case. visa stock trade Ahead of the Justice Department's lawsuit against the credit card giant.
“Nancy Pelosi has a little problem because her husband sold his Visa stock – he had a lot of Visa stock – the day before it was announced that Visa was being sued by the Justice Department,” the GOP nominee said during an event. is being filed.” Press conference at Trump Tower in New York,
Financial disclosures show that the former House Speaker's husband, Paul Pelosi, unloaded 2,000 shares of Visa stock worth between $500,000 and $1 million on July 1.
On Tuesday, less than three months after the massive transaction, Visa was hit with a DOJ lawsuit alleging that the company illegally monopolized the debit card market.
Trump, 78, suggested that Nancy knew about the impending lawsuit and had informed Paul before dumping the stock.
“Think about that. Nancy Pelosi sold a huge amount of Visa stock the day before the big trial that we all read about a few days ago,'' he said.
“You think it was fate? Not me.”
“He should be prosecuted,” Trump declared. “Nancy Pelosi should be prosecuted for this.”
A spokesperson for the 84-year-old congresswoman did not immediately respond to The Post's request for comment.
At the time Paul sold Visa stock, there was no public indication that an antitrust lawsuit against the company was imminent.
Visa shares closed 5.5% lower the day the lawsuit was announced.
Paul, who survived vicious hammer attack The couple moved into their San Francisco home two years ago, a venture capitalist and real estate investor.
“Speaker Pelosi does not own any stock, and she has no prior knowledge or subsequent involvement in any transaction,” a spokesperson for Nancy told The Post earlier this week.
(TagstoTranslate)Politics(T)US News(T)Congress(T)Donald Trump(T)Insider Trading(T)Nancy Pelosi(T)Stocks(T)Visa
