Trump Calls for Pelosi to Be Prosecuted for Insider Trading

Donald Trump is calling for consequences for the latest suspect trade out of the Pelosi family hedge fund.

According to the New York Post:

Trump said Thursday he believes Rep. Nancy Pelosi “should be prosecuted” over her husband’s Visa stock trades ahead of a Justice Department lawsuit against the credit card giant. 

“Nancy Pelosi has a little problem because her husband sold their Visa stock – they had a lot of Visa stock – one day before it was announced that Visa is being sued by the Department of Justice,” the GOP nominee said during a press conference at Trump Tower in New York.

The former House speaker’s husband, Paul Pelosi, unloaded 2,000 shares of Visa stock worth between $500,000 and $1 million on July 1, financial disclosures show. 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.

Trump said of the timing; “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. You think it was luck? I don’t.” 

Watch below:

The facts speak for themselves:

The Pelosis’ portfolio returned over 700% in the decade up to 2024, and investments made by herself and her husband almost tripled the S&P 500’s returns in 2023 alone. In fact, her reputation as a prolific trader has even paved the way for a Nancy Pelosi Stock Tracker on X (@PelosiTracker_).

In the year 2020, Pelosi was the biggest purchaser of securities in Congress.

These allegations are nothing new either - back in 2011 60 Minutes ran reports on Pelosi’s suspicious trades, and Steve Kroft even confronted her about them during a briefing. 

Their reporting led to the passing of the STOCK Act, which banned insider trading - though it was all for show - the law was quietly repealed not long after. 

Matt Palumbo is the author of The Man Behind the Curtain: Inside the Secret Network of George Soros

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