Biden Administration Official Broke Stock Trading Law Nine Times Last Year

True Pundit January 24, 2022

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Energy Secretary Jennifer Granholm broke the STOCK Act — a law that requires top federal officials to disclose their asset transactions within a 45-day window — nine times last year.

CNBC reported:

The dates of Granholm’s stock sales ranged from April to late October, according to federal disclosure documents first reported by Business Insider. But Granholm did not disclose any of them until mid-December, which was in some cases a full 6 months after the deadline to report the sale had passed…

The transactions included shares of the real estate website Redfin worth between $16,000 – $75,000, according to Granholm’s disclosures.

She also sold shares in the ride hailing company Uber worth up to $50,000, and the financial services giant Invesco, also worth up to $50,000.

The report occurs as Congress debates new restrictions on stock trading — especially for shares in individual companies, as opposed to index funds that track market movements as a whole. – READ MORE

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