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From One America News OAN Staff James Meyers�11:43 AM – Wednesday, September 25, 2024

“The Pelosi’s are back making major moves in the stock market. The husband of the 52nd speaker of the House, Paul, unloaded over $500,000 worth of Visa stocks less than three months before the massive credit card company was hit with federal antitrust charges, according to public documents.

Visa was hit with a lawsuit on Tuesday that alleged the company has illegally monopolized the debit card market, after 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.

Antitrust officials also alleged that Visa forces financial tech firms to work with it by threatening to penalize those that don’t. “