Nancy Pelosi's husband sold more than $500K in Visa stock ahead of DOJ action
SUMMARY
Paul Pelosi, the husband of former House Speaker Nancy Pelosi, is once again drawing attention for his stock trades, this time for selling over $500,000 worth of Visa shares just before the U.S. Department of Justice (DOJ) filed an antitrust lawsuit against the company. According to financial disclosures, Paul Pelosi sold 2,000 shares of Visa on July 1. The timing of the sale has raised questions, although it is unclear how much profit the Pelosis made. The DOJ's lawsuit, filed in September, accuses Visa of maintaining an illegal monopoly over the U.S. debit card market. Critics have flagged the trade, noting its proximity to the DOJ’s legal action. The X account "Nancy Pelosi Stock Tracker" highlighted the transaction, which has led to renewed scrutiny of Paul Pelosi’s financial activities, especially given past controversies over his stock trades. Nancy Pelosi’s office has not commented on the trade.
