Convenient Timing: Pelosi Sold $3 Million of Google Stock Weeks Before DOJ Launched Antitrust...

Rep. Nancy Pelosi (D., Calif.) and her multimillionaire husband sold up to $3 million in shares of Google in recent weeks—just before the Biden Justice Department launched an antitrust probe of the tech giant. The trade proved timely. On Monday, the Justice Department and attorneys general from eight states—including California—sued Google over its monopoly on the digital ad market. The lawsuit could force Google to break up its online ad business, which generated nearly $55 billion in revenue for the company in the most recent quarter. Google's stock has dropped around 6 percent since the Justice Department announced the lawsuit.

The trades are the latest in a string of questionable transactions for Paul and Nancy.