Former President Donald Trump didn’t hold back in his latest remarks, calling for former House Speaker Nancy Pelosi to be prosecuted for alleged insider trading following some eyebrow-raising reports about a Visa stock trade. Trump made these comments during an address at Trump Tower, and let’s just say he didn’t mince words when it came to his thoughts on Pelosi’s actions—or lack thereof.
Trump pointed directly to a shady stock sale involving Pelosi’s husband. He highlighted the timing of the trade, noting that Pelosi’s husband offloaded Visa stock just one day before it was announced that the Department of Justice would be suing the company. “You think that’s a coincidence? I don’t,” Trump quipped. And honestly, given Pelosi’s political connections, it’s hard not to raise an eyebrow. Trump made it clear he thinks this reeks of insider trading, and he’s calling for Pelosi to face legal consequences.
But that wasn’t all. Trump also took the opportunity to revisit Pelosi’s handling of the January 6 Capitol incident. According to him, Pelosi should also be held accountable for turning down a request for National Guard troops to provide security ahead of that day’s protest, which eventually spiraled into chaos. Trump didn’t waste time linking this failure to her alleged stock shenanigans, painting a picture of political misconduct on multiple fronts.
As previously reported, Pelosi’s husband sold around half a million dollars’ worth of Visa stock back in July, months before the Justice Department dropped its antitrust lawsuit against the company. Naturally, Visa’s stock took a hit—about 5%—after the news broke. The timing alone is enough to make anyone suspicious, but the Pelosis were quick to deny any wrongdoing. A statement from Pelosi’s office claimed she doesn’t own any stocks and wasn’t involved in any way. Of course, that’s the typical politician’s response.
Legal experts have also chimed in, like former securities attorney Ron Geffner, who tried to calm the waters by suggesting that this trade doesn’t necessarily scream insider trading. According to him, public opinion should slow down and consider whether it was just part of a broader portfolio adjustment. Sure, because politicians always get the benefit of the doubt, right?
All said, Trump’s calling for action and isn’t convinced by the standard denials and political spin. Whether anything comes of it remains to be seen, but the former president is clearly not ready to let this one slide. After all, when it comes to holding powerful figures accountable, Trump’s always been one to stir the pot—especially when he thinks the system’s playing favorites.
