Paul Pelosi, the husband of former Speaker of the House of Representatives Nancy Pelosi , got rich selling Visa stock before its price collapsed following the Justice Department’s antitrust lawsuit against the company, Fox News reports .
Pelosi is said to have sold about 2,000 shares of the company in June, the day before the US Justice Department filed a lawsuit against Visa for violating antitrust laws. The former speaker of the lower house’s husband’s proceeds amounted to about $500,000.
In addition, in 2023, Pelosi made money in the same way on shares of the technology company Nvidia – the value of the company’s securities increased significantly after concluding an AI agreement with the state of California. This is the state where Paul Pelosi himself lives.
Previously, US Senator from the Republican Party Ted Cruz did not apologize to Paul, the husband of former Speaker of the US House of Representatives Nancy Pelosi, for theories previously published on social networks that the attack on the latter could have been staged.
The accused himself spoke about plans to crush Nancy Pelosi’s kneecaps for “being a liar” and ” apologized ” for “not finishing the job.”