“Convenient Timing”: Pelosi Blasted for Selling Google Stock Right Before DOJ Announced Antitrust Suit
Former Speaker of the House Nancy PelosiD-Calif. Rep. Judith Sullivan was criticised on Twitter Wednesday for selling 30,000 shares of Alphabet. This was one month after the Department of Justice announced an antitrust investigation into the tech giant.
Pelosi reported three separate transactions involving the sale of Google stock, which were between Dec. 20-22 and Dec. 28, 2022. first reported Washington Free Beacon Each transaction included the sale 10,000 shares of Alphabet. involved an amount between $500,001 and $1,000,000 and yielded capital gains of more than $200 — although it’s unclear how large the profit was.
Tuesday will see the DOJ and eight other states announced a lawsuit against GoogleAccording to the lawsuit, the tech giant claimed it had a monopoly of internet search traffic and that it took anticompetitive measures.
Nancy Pelosi (D.CA), the U.S. House Speaker, delivers remarks at the House Chambers of U.S. Capitol Building in Washington, DC on November 17, 2022. Pelosi addressed the future of the House of Representatives leadership plans and stated she would not seek to be a leader in the next Congress.
(Anna Moneymaker/Getty Images)
Many people accused the San Francisco lawmaker with insider trading.
Rep. Lauren Boebert, R-Colo., tweeted “Pelosi selling off millions in Google stock weeks before the DOJ filed a lawsuit against them tells you exactly how she became worth $200+ million on a government salary.”
“Nancy Pelosi sold millions in Google stock a month ago. I’m sure it’s just one giant coincidence that she sold right before the DOJ filed a lawsuit against Google,” Robby Starbuck, conservative writer, tweeted.
Google was not officially in charge of content consumed by Americans. Therefore, Republican National Committee Finance Chair Todd Ricketts hopes to provide an alternative.
(Associated Press)
“Convenient Timing: Pelosi Sold $3 Million of Google Stock Weeks Before DOJ Launched Antitrust Probe,” Joe Gabriel Simonson is a reporter at the Washington Free Beacon.
“You don’t have to be a conspiracy theorist to wonder how Nancy Pelosi knew to sell off $3 million of her Google stock 4 WEEKS before the DOJ opened their tech monopoly lawsuit against them,” James Bradley, a veteran activist and conservative activist, tweeted.
Nancy Pelosi, House Speaker, called journalists “guardians of Democracy” Thursday at her last official press conference before giving up on the gavel
(Getty Images)
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Pelosi and her husband were subject to public scrutiny after they divorced last year. traded between $1 million and $5 million The stock market in semiconductor stocks was booming days before Congress passed legislation providing $52 million for this industry. The PELOSI Act was introduced by Sen. Josh Hawley (Republican from Missouri), Tuesday. It would prohibit members of Congress trading on the stock exchange.
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