Trump calls for prosecution of Pelosi over husband's Visa stock trade
- Paul Pelosi sold 2,000 shares of Visa stock valued between $500,000 and $1 million on July 1.
- The Department of Justice announced a lawsuit against Visa for alleged monopolistic practices shortly after the stock sale.
- Trump's call for prosecution raises questions about insider trading and the ethics of stock trading by members of Congress.
Former President Donald Trump has publicly called for the prosecution of Nancy Pelosi over her husband Paul Pelosi's stock trades involving Visa Inc. On July 1, Paul sold 2,000 shares of Visa stock valued between $500,000 and $1 million, just before the Department of Justice announced a lawsuit against the company for alleged monopolistic practices. Trump suggested that Nancy Pelosi had prior knowledge of the lawsuit and may have tipped off her husband about the impending legal action. This incident has raised questions about potential insider trading, as the timing of the stock sale coincided closely with the lawsuit announcement. Trump's comments were made during a press conference at Trump Tower in New York, where he emphasized the seriousness of the situation and insisted that Pelosi should face legal consequences. The controversy surrounding the stock trades has intensified amid a politically charged environment, with Pelosi recently criticizing Trump and urging voters to focus on the upcoming elections. The implications of this situation extend beyond individual accountability, as it also highlights ongoing discussions about the ethics of stock trading by members of Congress and the potential need for stricter regulations to prevent conflicts of interest.