With a much-anticipated “60 Minutes” report on congressional insider trading set to air this Sunday night, Rep. Nancy Pelosi’s office has launched a preemptive strike against Stanford University Hoover Fellow and Breitbart News editor Peter Schweizer, the author of the new book, Throw Them All Out, upon which the “60 Minutes” report is said to be based.
During a press conference last week, CBS reporter Steve Kroft sent the Beltway buzzing when he asked Rep. Nancy Pelosi how she and her husband landed a highly lucrative initial public offering (IPO) for Visa credit card stock. Pelosi, who appeared visibly shaken by the questions, attempted to dismiss Kroft’s queries and said her record on credit card reform was second to none.
But now, with the “60 Minutes” story scheduled to air Sunday night, Pelosi’s office has gone on the attack against Schweizer, a New York Times bestselling author, dismissing him as just a “conservative writer.”
Capitol Hill sources close to the story say Pelosi has good reason to fear Schweizer’s investigative reporting. Throw Them All Out, which hits bookshelves nationwide on Tuesday, reportedly contains a powder keg of original investigative information that suggests Pelosi leveraged her insider status to acquire her highly profitable Visa IPO and then used her congressional authority to shield Visa from disadvantageous legislation.
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