Nancy Pelosi’s Husband Dumps Over $500K in Visa Stock Weeks Before DOJ’s Antitrust Lawsuit
Nancy Pelosi’s husband, Paul Pelosi, dumped over $500,000 worth of Visa stock just weeks before the Department of Justice slapped the financial giant with an antitrust lawsuit, according to the New York Post.
The timing couldn’t be more suspect. Visa, one of the most dominant players in the debit card market, is now facing charges of monopolizing the industry.
The DOJ’s antitrust unit claims Visa has abused its market power, forcing financial tech companies to work with them while penalizing those who try to go with competitors.
According to the press release:
According to the complaint, more than 60% of debit transactions in the United States run on Visa’s debit network,
