Connect with us

NEWS

Another GOP Senator Caught In Coronavirus Stock Scandal

According to a new report published by The Atlanta Journal-Constitution, Sen. David Perdue (R-GA) “made a number of purchases of stock” in a medical equipment company the same day he received a classified briefing on the COVID-19 pandemic.

Hours after the meeting, Perdue made a significant investment in DuPont de Nemours, a chemical company that supplies personal protective equipment used by people trying to avoid exposure to the virus,” AJC reports.

The paper notes that this included “buying shares worth as much as $65,000 on Jan. 24, the same day that the Senate held a members-only briefing on the novel coronavirus.”

In total, Perdue made ten different purchases of DuPont stock through March 2nd, an investment that the AJC estimates is worth up to $185,000.

As with Sen. Kelly Loeffler (R-GA), Perdue is insisting that he did nothing illegal.

“Since coming to the U.S. Senate in 2015, Sen. Perdue has always had an outside adviser managing his personal finances, and he is not involved in day-to-day decisions,” said his spokeswoman, Cherie Gillan. “For the past five years, the senator has fully complied with federal law and all Senate ethics requirements.”

Gillan claims the fact that Perdue’s stock purchase came right after he received a classified briefing is just “coincidence.”

Share your thoughts.


Don't miss the latest Political Digs. Sign up for our daily email:


Click to comment
Advertisement
Advertisement

More in NEWS