Paul Pelosi Sells Over $500K in Visa Stock Before DOJ Antitrust Lawsuit

The sale occurred just months before the Department of Justice filed charges against Visa for monopolizing the debit card market.

Paul Pelosi, husband of former House Speaker Nancy Pelosi, sold 2,000 shares of Visa worth over $500,000 on July 1.
The DOJ filed an antitrust lawsuit against Visa on September 24, alleging the company illegally monopolized the U.S. debit card market.
Critics have raised concerns about potential insider trading, given the timing of the sale and Nancy Pelosi's influential position in Congress.
Nancy Pelosi's office stated she does not own stocks and has no prior knowledge or involvement in her husband's transactions.
The sale of Visa shares is part of a pattern of stock trades by Paul Pelosi that have previously drawn scrutiny for their timing and profitability.