House Minority Leader Nancy Pelosi’s spokesman denounced a “60 Minutes” report suggesting that she had a conflict of interest regarding stock purchases was a “right-wing smear.”
The report on the Sunday news program disclosed that then-Speaker Pelosi and her husband bought stock in the credit card company Visa in March 2008 while a bill that would limit the fees credit card companies could charges merchants was pending in the House.
Pelosi spokesman Drew Hammill said “60 Minutes” omitted key information in its report and said it relied heavily on a “discredited conservative author who has made a career out of attacking Democrats,” the
San Francisco Chronicle reported.
That author, Peter Schweizer, countered that the Pelosi camp was “shooting the messenger,” according to the Chronicle.
The "60 Minutes" segment also alleged that some Republican members of Congress benefit from knowledge they gain regarding laws to buy stocks.