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

Savage Premium Subscription

Politico:

Rep. Susan Davis, a California Democrat, sold shares in Alaska Air and Royal Caribbean cruise lines on Feb. 11.

While Sens. Richard Burr (R-N.C.) and Kelly Loeffler (R-Ga.) 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.

A POLITICO review of stock sales and purchases reported by members of Congress and senior aides found that while none had engaged in sales of the magnitude of Burr and Loeffler, several had traded shares at times or in industries that bore a relationship to the coronavirus threat.

Read more at Politico

Savage Republic Book Available for Purchase