Yet Another Republican Snagged In Illegal Stock Trades Scandal During Covid Outbreak

  • The Daily Beast reported Monday, “Rep. Dan Crenshaw (R-TX) did not buy or sell any stocks in his first 13 months as a congressman. That changed in March 2020, when he made half a dozen buys as the largest economic relief package in history was written and debated.
  • “Five of those purchases came in the three days between March 25 and 27, as the Senate and House voted on the CARES Act and former President Trump signed it into law. Crenshaw, who supported the bill, did not initially disclose the transactions, in violation of the STOCK Act, a law that requires members of Congress to tell the public when they engage in securities trades.”
  • “Months later he amended his records to reflect the purchases. The timing, however, along with Crenshaw’s own trading history and connections to the industry, raises questions about why he made the purchases and failed, twice, to disclose them.”

See full story here.



Categories: Business, Government

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