On September 26th, Caixin Financial News (Editor Xiaoxiang) reported that on this Tuesday, the US Department of Justice filed a civil antitrust lawsuit against $Visa (V.US)$ accusing the world's largest payment network of illegally monopolizing the debit payment market through exclusive agreements and suppressing emerging companies. After the news broke, many investors not only closely focused on Visa's stock performance, but also quickly recalled one thing:

The 'Stock God of Capitol Hill' Pelosi family, just over two months ago, had just sold hundreds of thousands of dollars' worth of Visa stocks, like 'opening the third eye'. Is there only a perfect coincidence between the two?

Regarding the Pelosi family's selling of Visa in July, we introduced this experience as soon as they disclosed the trading information. At that time, Pelosi's husband Paul Pelosi was quite active in just a few days - with four buying and selling transaction records, including buying call options for Broadcom and Nvidia stocks, and selling some Tesla and Visa stocks.

Among these, Paul Pelosi's sale of Visa was actually 'not eye-catching' at the beginning.

As we introduced at that time, Paul Pelosi partially sold his shares in Visa on July 1, involving 2,000 shares estimated to be between $0.5 million and $1 million.

Given that Paul Pelosi bought these stocks for less than $30 in 2011, and Visa closed at $263.24 on July 1, nearly eight times higher than the purchase price. Therefore, many market participants at the time were more inclined to believe that this selling action was intended to profit and secure the gains.

However, looking back now, Visa's regulatory antitrust challenges undoubtedly lead to infinite imagination about the motives and insider information behind this transaction.

The "Nancy Pelosi Stock Tracker" account closely monitoring Pelosi's movements on the X platform, promptly marked this transaction when Visa faced antitrust litigation on Tuesday.

Financial Leasing Services, an investment and consulting company based in San Francisco, USA, also stated that the sale of Visa stocks is the latest in a series of transactions by Pelosi's husband, with the timing of these transactions under strict scrutiny.

Former SEC enforcement lawyer Ron Geffner pointed out, "At various critical junctures in history, it seems that our government officials participate in transactions when their conflicting interests are questioned."

"Before judging Pelosi in public opinion, it is important to determine who represented her in this transaction and whether it is part of a broader change in her investment portfolio," Geffner stated.

As indicated by Attorney General Merrick Garland in a statement earlier this week, Visa illegally obtained the power to charge high fees, with fee levels far exceeding what would be considered appropriate under market competitive conditions. He further explained that businesses and banks pass on these extra costs to consumers by raising prices or lowering service quality, affecting the prices of almost all commodities.

Visa's stock price has fallen by about 6.5% cumulatively over the past 5 days. Previously, the US Department of Justice conducted a multi-year review of Visa's business practices.

It is worth mentioning that earlier this week, Pelosi just disclosed the latest transaction details of her family, with this time Pelosi's husband targeting the real estate market in San Francisco.

According to financial disclosure documents, Pelosi's husband invested 0.25-0.5 million US dollars in REOF XXVI LLC on August 13. In recent months, the commercial property market in San Francisco has been struggling. The Pelosis seem to think that now is a good time to enter the market at a low price!

Editor/Somer