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Tags: Coronavirus | DavidPerdue | ppe | coronavirus | stock

Sen. David Perdue Bought PPE Stock Same Day as Senate COVID-19 Briefing

david perdue listens to grover norquist talk about tax reform
Senator David Perdue, R- Ga., ( (Alex Wong/Getty Images)

Tuesday, 07 April 2020 08:40 PM

On the same day a Senate briefing about coronavirus took place, Conservative Sen. David Perdue, R-Ga reportedly bought up to $65,000 worth of stock in a company that makes personal protective equipment, according to the Atlanta-Journal Constitution.

He is one of five U.S. senators who engaged in suspicious stock activity on the same day as his colleagues were having a classified briefing on the threat of coronavirus.

“Since coming to the U.S. Senate in 2015, Senator Perdue has always had an outside advisor managing his personal finances, and he is not involved in day-to-day decisions," Perdue's spokesperson told the AJC.  "For the past five years, the Senator has fully complied with federal law and all Senate ethics requirements. Every single transaction is reported on a monthly basis and made available to the public to ensure full transparency,”

On Jan. 24, the day of the briefing, Perdue purchased shares of DuPont de Nemours, which makes gloves, gowns, masks and other personal protective equipment, or PPE, although a spokesperson told HuffPost on Tuesday Perdue did not attend the hearing

In February, Perdue reportedly purchased up to $185,000 in additional DuPont stock. 

The husband of Georgia Sen. Kelly Loeffler also bought up to $415,000 in the company's stock during the same period.

Sen. Richard Burr, R-N.C., the chair of the Senate Intelligence Committee, along with Sens. Dianne Feinstein, D-Calif. and James Inhofe, R-Okla. all got rid of big chunks of their stock following the briefing.

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Politics
On the same day a Senate briefing about coronavirus took place, Conservative Sen. David Perdue, R-Ga reportedly bought up to $65,000 worth of stock in a company that makes personal protective equipment, according to the Atlanta-Journal Constitution....
DavidPerdue, ppe, coronavirus, stock
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2020-40-07
Tuesday, 07 April 2020 08:40 PM
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