Dick Durbin Touts Justice Department Lawsuit Against Visa
Sen. Dick Durbin (D-Ill.) touted that the Justice Department would file a lawsuit against Visa after previously calling on two government agencies to investigate opponents of credit card charges. “The Department of Justice just sued Visa, alleging that the company illegally maintains a monopoly on the debit market. Visa and its duopoly partner Mastercard similarly […]
‘Suspicious’ — Prince Harry’s Visa Application to Remain Sealed
Efforts by the Biden-Harris administration to block the release of Prince Harry's U.S. visa application will be rejected by a judge this week in a lawsuit brought by the Heritage Foundation, which called the decision “questionable” and vowed to appeal. The verdict was handed down and we won the case. Questions remain over the legality […]
Trump calls for Nancy Pelosi to be ‘prosecuted’ over Visa stock trade
Former President Donald Trump on Thursday said he believes Rep. Nancy Pelosi (D-Calif.) “should be prosecuted” over her husband's Visa stock trades ahead of the Justice Department's lawsuit against the credit card giant. said. “Nancy Pelosi is in a bit of trouble because her husband sold his Visa stock the day before it was announced […]
Trump calls on Nancy Pelosi to be prosecuted for insider trading after suspicious Visa stock sale
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!” […]
Pelosi’s Husband Sells Almost $1M of Visa Stock Before DOJ Lawsuit
Paul Pelosi, husband of Rep. Nancy Pelosi (D-Calif.), sold between $500,000 and $1 million worth of Visa stock just weeks before the Justice Department filed its lawsuit against the credit card company on Tuesday, public records show. The findings have raised concerns that many lawmakers may be making stock trades based on information that is […]
DOJ announces massive lawsuit against Visa just weeks after Nancy Pelosi’s husband sold $500k of their stock
Former House Speaker Nancy Pelosi (D-Calif.) and her husband benefited Another incredibly lucky stock market decision was made just before a major government lawsuit. Many suspect Pelosi of using inside information from her powerful position in government to make lucrative trades on the stock market. “It is important to determine who made the transactions on […]
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets – Yahoo Finance
NEW YORK (AP) — The Justice Department has filed an antitrust lawsuit against Visa, accusing the financial services giant of using its size and dominance to stifle competition in the debit card market, causing billions of dollars in harm to consumers and businesses. According to the complaint filed Tuesday, San Francisco-based Visa penalizes merchants and […]
Nancy Pelosi’s husband sold $500K in Visa stock before DOJ’s antitrust suit
Nancy Pelosi's husband sold more than $500,000 worth of Visa stock less than three months before the credit-card giant was indicted on federal antitrust charges, public records show. Visa said on Tuesday that the company They're illegally monopolizing the debit card market. This is the culmination of a years-long investigation by the Department of Justice's […]
US sues Visa for monopoly on debit-card use affecting ‘price of nearly everything’ | Business
The Department of Justice has sued Visa, one of the world's largest payment networks, for antitrust violations that affect “the price of almost everything.” According to the complaint filed in the U.S. District Court for the Southern District of New York, the financial giant stifled competition by intimidating merchants with excessive fees and bribing potential […]
Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
The Department of Justice on Tuesday filed a lawsuit against credit card company Visa, alleging that the company is illegally maintaining a monopoly on the debit card market. The Justice Department alleges that Visa restricts competition by entering into exclusive agreements with retailers and banks, forcing them to conduct most or all of their transactions […]