House members, Senate aides traded stocks in early days of coronavirus

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While Sens. Richard Burr and Kelly Loeffler sought to explain sales of stock, they weren’t the only elected officials to buy and sell stocks at key moments in the unfolding coronavirus crisis

While Sens. Richard Burr and Kelly Loeffler sought on Friday to explain sales of stock made at a time when they were reassuring the public about the coronavirus threat, they weren’t the only elected officials to buy and sell stocks at key moments in the unfolding crisis.

“The reality is that if you work on the Hill, or you work in government, you have access to information that the public doesn't have or, if they have it, they can’t always see the signal through the noise,” said Meredith McGehee, executive director of the watchdog group Issue One. “If you’re on the HELP Committee, you’re going to grasp threats much faster than the general public. You see things much more clearly.

Davis, the 10-term California Democrat who is a member of the House Armed Services and Education and Labor Committees, unloaded stock on Feb. 11 in the airline and cruise industries, two sectors that have since been ground to a halt by the pandemic nearly two weeks before the market tanked. Davis’ spokesman said she has a “third party handling her portfolio and does not play a role in the purchase or sale of her stocks.

 

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Underfunding pensions in San Diego was not out of bounds for Peters. The SDUT 2012 Scott Peters Pension Problem “As a councilman in 2002, Peters was one of the city leaders who helped to dig the hole that will take City Hall a generation to escape.”

What about Dianne Feinstein

Do go on.....

Americans who are struggling to make ends meet coz of this virus should NEVER EVER vote for these people AGAIN! 🤦‍♀️ remember when you go to the polls to cast your VOTE! who they were!!

Just one more reminder of the sense of entitlement and self-dealing that pervades Congress, which has rendered itself not accountable to the same laws as ordinary Americans. VoteThemAllOut

takhar_ Fraudulent insider trading

Politicians weren't the only ones that sold off there stocks .

If it's like politicians at the state level their all working an angle, all scamming behind the scenes. In a nation where insatiable greed rules all they are the symptoms.

Hold them accountable

perhaps americans, who did not know, will now understand why many run for government office--there is gold at the end of the rainbow---

Can't wait to see the DEM vs REPUB totals.

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Burr, Senate Colleagues Sold Stock After Coronavirus BriefingsSeveral members of Congress, their spouses and investment advisers sold hundreds of thousands of dollars in stock after sensitive, closed-door briefings for lawmakers about the threat of the disease—and weeks before the coronavirus pandemic sent the stock market plummeting. 1-800-SEC Martha Stewart went to jail... how about these traitors? This corporate candidates are the reason Progressive movement fail. They need a revolution to forcefully take them out? Or do we need to take care of their cult followers first?
Source: WSJ - 🏆 98. / 63 Read more »