Attorney generals in Republican-led states were reportedly urged by former President Donald Trump to investigate former Speaker Nancy Pelosi after her husband, Paul Pelosi, sold Visa shares just before the federal government filed an antitrust lawsuit against the credit giant.
Paul Pelosi sold 2,000 shares of Visa stock, valued between $500,000 and $1 million, on July 1st – months ahead of the Justice Department’s lawsuit accusing Visa of monopolistic practices. It’s unclear if Pelosi profited from the sale.
The New York Post reports:
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.
During a rally in Michigan on Friday, Trump claimed Pelosi sold the stock the day before the DOJ’s announcement and demanded an investigation into the former speaker and her spouse. “Nancy Pelosi. So why don’t we get some AG somewhere… to do a little investigation? Sold the Visa stock!” Trump stated, suggesting a political probe in GOP territories.
“Think of that. Nancy Pelosi sold vast amounts of Visa stock one day before the big lawsuit that we all read about a few days ago,” Trump told his audience of adoring fans.
“You think it was luck? I don’t.”
She should be prosecuted,” the GOP nominee declared. “Nancy Pelosi should be prosecuted for that.”
A spokesperson for the 84-year-old congresswoman did not immediately respond to The Post’s request for comment.
At the time Paul sold the Visa stock, there was no public indication that the antitrust lawsuit against the company was imminent.
Shares of Visa closed down 5.5% the day the lawsuit was announced.
READ NEXT: Prominent Republican Burned During Campaign Event, Taken To Hospital
