GOP Senator Bought Stock In PPE Company Same Day As Senate Coronavirus Briefing – By Marina Fang (Huffington Post) / April 7 2020
Sen. David Perdue (R-Ga.) bought shares in chemical giant DuPont, among several senators whose recent stock activity has raised red flags.
Sen. David Perdue (R-Ga.) purchased as much as $65,000 in shares of stock in a company that produces personal protective equipment, the same day the Senate held a private briefing about the COVID-19 pandemic, according to new financial disclosures reported by the Atlanta Journal-Constitution on Monday.
One of several senators whose recent stock activity has raised red flags, Perdue bought shares in DuPont de Nemours, commonly known as the chemical giant DuPont, which manufactures personal protective equipment, or PPE, like gowns, masks and gloves. PPE has become scarce as health care workers protect themselves against COVID-19, the disease caused by the novel coronavirus.
He made the transaction on Jan. 24, when senators had a classified briefing on the growing threat of the virus. A spokesperson for Perdue told HuffPost Tuesday that the senator did not attend.
Over the next month, Perdue, a former corporate executive whose net worth is an estimated $15.8 million, continued to buy more shares of DuPont stock, investing as much as $185,000.
The shares are listed on a new financial form filed Sunday, which, compared to Perdue’s previous financial forms, contained much more stock activity, the AJC reported:
Continue to article: https://www.huffpost.com/entry/david-perdue-senators-stocks-coronavirus_n_5e8c7203c5b62459a92f1eb5
