“Sen. Rand Paul’s wife: Kentucky Sen. Rand Paul waited more than a year to disclose that his wife purchased stock in a company that makes a COVID-19 treatment, an investment made after Congress was briefed on the threat of the virus but before the public was largely aware of its danger.
The Republican filed a mandatory disclosure Wednesday revealing on Feb. 26, 2020, that Kelley Paul purchased $1,001 to $15,000 worth of stock in Gilead, which makes the antiviral drug remdesivir. Under a 2012 law called the Stock Act, any such sale should have been reported within 45 days.”
I think this is really a nothing burger. First $1,000 to $15,000 in a stock purchase is a fairly meager in a large portfolio. Also, does she actually direct which stocks her financial investment company picks? I know that we don’t. I leave it to my advisor to manage except for the one stock we asked her to purchase from the company we retired from. Other than that, I couldn’t tell you what stocks she’s buying until we get our statements. So without knowing how involved Kelley Paul is with managing her stock portfolio, seems to me to be just an attempted hit job. My opinion.
In the overall scheme of things...yeah....not a huge deal, except it just demonstrates how NO public official should be allowed to own anything in any company they are making decisions over.
No blind trusts....nothing, no family members either.
Well actually that's not feasible. First, we've seen how Biden (and others) just launder it through family members. Second, is that what we want????people that have to give up all that they have to serve in office? The real answer is term limits at all levels of government and total transparency. It would also help if we had a media that wasn't corrupt and the people paid better attention.,,,and probably none of that will ever happen.
I covered the family part already....
Yes, the Founders wanted businessmen and shopkeepers to spend a limited time in government.