And they weren't alone... And here the left wants government to be the arbiter of fairness and social justice.... Idiots.
https://www.businessinsider.com/law...vid-19-related-stocks-during-pandemic-2021-12
Rep. Tom Malinowski, a Democrat of New Jersey, told MSNBC in April 2020, "This is not the time for anybody to be profiting off of selling ventilators, vaccines, drugs, treatments, PPE, anywhere in the world."
But Malinowski was one of them: The lawmaker sold up to $15,000 worth of stock in Chembio Diagnostics, a company that offers COVID-19 testing kits and infectious-disease testing, in the early days of the pandemic.
In 2020, he failed to disclose dozens of stock trades in violation of the federal Stop Trading on Congressional Knowledge Act of 2012 — which clarifies that it is illegal for members of Congress to engage in insider trading — acknowledging them only after Insider reported about his trading activities. Malinowski's office previously told Insider that the congressman employed a financial advisor to trade stocks on his behalf.
Malinowski has since placed his stock assets in a qualified blind trust. But he remains under investigation by the House Committee on Ethics after the independent Office of Congressional Ethics said it found "substantial reason to believe" that Malinowski violated federal rules or laws designed to promote transparency and defend against conflicts of interest. The New Jersey lawmaker is one of 10 lawmakers who have taken the option to use a qualified blind trust, Insider found.
Some Democrats have argued that their investments in these companies don't present a problem because they happened before the pandemic.
Rep. David Price, a Democrat of North Carolina, reported owning up to $50,000 worth of shares in 3M. In a statement to Insider, the lawmaker said his investment "predates the pandemic by many years and was not influenced by current events."
"I supported the STOCK Act because I firmly believe it should be illegal for Members of Congress to use nonpublic information to enrich themselves, an ethical standard that I live by," he said.
Others said they did not directly manage their own investments. Gottheimer, the New Jersey Democrat whose portfolio includes Regeneron and Moderna, said through his spokeswoman, Alexandra Caffrey, that he did not personally make any decisions about the trades.
https://www.businessinsider.com/law...vid-19-related-stocks-during-pandemic-2021-12
Democrats' mixed messaging
Early in the pandemic, some lawmakers condemned people looking to make money off COVID-19-related treatments and defenses.Rep. Tom Malinowski, a Democrat of New Jersey, told MSNBC in April 2020, "This is not the time for anybody to be profiting off of selling ventilators, vaccines, drugs, treatments, PPE, anywhere in the world."
But Malinowski was one of them: The lawmaker sold up to $15,000 worth of stock in Chembio Diagnostics, a company that offers COVID-19 testing kits and infectious-disease testing, in the early days of the pandemic.
In 2020, he failed to disclose dozens of stock trades in violation of the federal Stop Trading on Congressional Knowledge Act of 2012 — which clarifies that it is illegal for members of Congress to engage in insider trading — acknowledging them only after Insider reported about his trading activities. Malinowski's office previously told Insider that the congressman employed a financial advisor to trade stocks on his behalf.
Malinowski has since placed his stock assets in a qualified blind trust. But he remains under investigation by the House Committee on Ethics after the independent Office of Congressional Ethics said it found "substantial reason to believe" that Malinowski violated federal rules or laws designed to promote transparency and defend against conflicts of interest. The New Jersey lawmaker is one of 10 lawmakers who have taken the option to use a qualified blind trust, Insider found.
Some Democrats have argued that their investments in these companies don't present a problem because they happened before the pandemic.
Rep. David Price, a Democrat of North Carolina, reported owning up to $50,000 worth of shares in 3M. In a statement to Insider, the lawmaker said his investment "predates the pandemic by many years and was not influenced by current events."
"I supported the STOCK Act because I firmly believe it should be illegal for Members of Congress to use nonpublic information to enrich themselves, an ethical standard that I live by," he said.
Others said they did not directly manage their own investments. Gottheimer, the New Jersey Democrat whose portfolio includes Regeneron and Moderna, said through his spokeswoman, Alexandra Caffrey, that he did not personally make any decisions about the trades.
