DOJ announces massive lawsuit against Visa just weeks after Nancy Pelosi's husband sold $500K of Visa stock

a person is holding a blue credit card by CardMapr.nl is licensed under unsplash.com

Former House Speaker Nancy Pelosi (D-California) and her husband have benefitted from another incredibly lucky stock market decision just before a monumental government lawsuit.

Pelosi has been suspected by many of allegedly using insider knowledge from her powerful government position in order to make beneficial stock market trades.

On Tuesday, the Department of Justice filed an antitrust lawsuit against Visa, accusing the credit card giant of using its massive financial advantage to monopolize the credit market.

Visa's stock dropped by 5.5% based on the lawsuit, but the Pelosis very fortuitously had sold more than half a million dollars' worth of the stock weeks prior to the legal action.

a person is holding a blue credit card by CardMapr.nl is licensed under unsplash.com

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