Lawmakers made hundreds of stock transactions during pandemic, watchdog finds
By Alice Miranda Ollstein 17 hrs ago Republican and Democratic lawmakers have bought and sold stocks hundreds of times throughout the coronavirus pandemic — some of them lucrative moves to invest in industries buoyed by the crisis and divest from sectors like restaurants and hotels that have tanked, according to a new analysis by the Campaign Legal Center.
Between February 2 and April 8 of this year, the nonpartisan watchdog group found, 12 senators made a combined 127 purchases or sales, while 37 House representatives made at least 1,358 transactions.
As lawmakers received closed-door briefings on the pandemic from top health and national security officials, some bought stock in remote work technology, telemedicine companies, pharmaceutical makers currently developing potential vaccines, car manufacturers that have shifted to making ventilators for coronavirus patients, and alcohol producers that started selling hand sanitizer during the coronavirus outbreak.
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https://www.msn.com/en-us/news/politics/lawmakers-made-hundreds-of-stock-transactions-during-pandemic-watchdog-finds/ar-BB13onq1?ocid=spartanntp
