Former President Donald Trump has called for former Democratic House Speaker Nancy Pelosi of California to be indicted on insider trading charges following suspicious reports about Visa Inc.'s stock trading.
Trump created comment On Thursday, he was speaking at Trump Tower in midtown Manhattan.
“She should be indicted. Nancy Pelosi should be indicted for that!”
“Nancy Pelosi is in a bit of trouble because her husband sold his Visa stock the day before it was announced that Visa would be sued by the Department of Justice.”
“Think about it! Nancy Pelosi sold a ton of Visa stock the day before the big lawsuit we read about a few days ago was filed against Visa.
“Do you think that was lucky? I don't think so. She should be prosecuted. Nancy Pelosi should be prosecuted for that!”
He also said she should be prosecuted for reportedly refusing a request to order the National Guard to guard the U.S. Capitol ahead of the Jan. 6, 2021, political demonstration that turned violent. .
As Blaze News previously reported, Pelosi's husband sold about $500,000 worth of Visa stock on July 3, nearly three months before the Justice Department announced the civil antitrust lawsuit. blame A company that dominates the debit and credit market. Visa's stock price fell 5% after the announcement.
Pelosi's statement denied the allegations.
“Speaker Pelosi does not own any stock and has no prior knowledge or involvement after the transaction,” a statement to the New York Post said.
Former securities attorney Ron Geffner similarly told the Post that the trades do not necessarily mean insider trading is involved.
“Before public opinion judges Pelosi unfairly, it is important to determine who was involved in the transaction on her behalf and whether it was part of a broader change in her portfolio,” Geffner said. ” he said.
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