Posted BY: Bill | NwoReport
Criticism has erupted upon the revelation that in the closing days of her reign as House speaker, and weeks before the Biden administration filed an antitrust lawsuit against Google, Democratic Rep. Nany Pelosi of California sold a chunk of her Google stock.
The sales, between Dec. 20 and Dec. 28, came roughly one month before Tuesday’s announcement that the Department of Justice filed the lawsuit, according to Newsweek, which in its headline on the report called the sales “odd timing.”
Pelosi’s disclosure form showed that on Dec. 20. Dec. 21 and Dec. 28, Pelosi sold 10,000 shares of her Google stock.
The disclosure form gave a range of valuation, and each was in the range of between $500,001 and $1 million, meaning Pelosi could have unloaded at least $1.5 million and up to $3 million worth of stocks.
The website InvestorPlace noted that Google stock took a hit Wednesday after the lawsuit was announced, ending the day down about 3 percent.
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Nancy Pelosi has been criticized for her husband Paul’s stock trading activities, with his success in investing spurring allegations of insider trading.
The new sales spurred a fresh round of criticism, with one Twitter using calling the news “wild” and another noting, “Anyone else would be in jail.”
