Nancy Pelosi’s husband unloaded more than $500,000 worth of Visa stock — less than three months before the credit card giant was slapped with federal antitrust charges, public documents show.
Visa was hit with a lawsuit on Tuesday that alleged the company has illegally monopolized the debit card market — the culmination of a years-long review conducted by the Justice Department’s antitrust unit.
Visa allegedly used its dominant market position to penalize customers and merchants who use competing payment processors, according to court papers.
S.3504 – Banning Insider Trading in Congress Act
www.congress.gov/bill/117th-congress/senate-bill/3504
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