Former President Donald Trump took a tough stance Thursday against Rep. Nancy Pelosi (D-Calif.) regarding her husband's Visa stock trades.
President Trump, who is running against Vice President Kamala Harris (Democratic) for the White House in 2024, said he believes the former House speaker should be prosecuted. new york post reported on friday.
his comment He said this during a press conference at Trump Tower in New York.
Nancy Pelosi is in a bit of trouble after her husband sold his Visa stock. They own a lot of Visa stock, and the day before Visa it was announced that Visa was being sued by the Department of Justice. Think about it. Nancy Pelosi sold a large amount of Visa stock the day before the big lawsuit against Visa was filed that everyone would have read about days before. Do you think it was lucky? …Nancy Pelosi should be indicted for that.
of post Citing financial information showing that Pelosi's husband, Paul, “sold 2,000 shares of Visa stock worth between $500,000 and $1 million on July 1,” the paper said Tuesday that “from a large transaction… “In less than three months, Visa received a direct blow from the Department of Justice.” The company filed a lawsuit alleging that it illegally monopolized the debit card market. ”
Trump suggested the former House speaker was warned about the lawsuit and told her husband.
Author Peter Schweitzer, a senior contributor to Breitbart News and director of the Government Accountability Institute, notes that in 2011, Nancy Pelosi rated “the most popular and profitable initial public offering (IPO) in the world.” It appears he bought between $1 million and $5 million in Visa stock in one transaction.” “American history saw her investments soar 203% after two years of serious credit card reform being blocked,” Breitbart News reported at the time.
Schweitzer and the late Andrew Breitbart worked to prevent members of Congress from using non-public information for their own benefit through the STOCK (Stop Trading on Congressional Knowledge) Act, Breitbart News said. reported in March 2012.
The article states, “The Stock Act would make it illegal for members of Congress and their staff to use material nonpublic information to inform their personal investments, and would impose stricter disclosure requirements on all transactions by members of Congress. It will become.”
In March 2024, Breitbart News reported that a study showing politicians made more than $1 billion in trades in 2023 strengthened the movement to ban members of Congress from trading stocks.
“'Speaker Pelosi owns no stock and has no prior knowledge or subsequent involvement in any transactions,' a spokesperson for Nancy told the Post earlier this week,” the newspaper reported.
