Sen. Perdue Helped Defense Contractor--and Sold Off Its Stock

[Nevilledog]

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Noah Shachtman
@NoahShachtman
EXCLUSIVE: Right before he was put in charge of a Senate subcommittee with jurisdiction over the Navy, Sen. David Perdue began buying up stock in a company that made submarine parts.

Sen. Perdue Helped Defense Contractor—and Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
6:33 PM · Nov 18, 2020

And once Perdue began work on a bill that ultimately directed additional Navy funding for one of the firm’s specialized products, he sold off the stock, earning him tens of thousands of dollars in profits. @sambrodey reports...

Sen. Perdue Helped Defense Contractor—and Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com

As a reminder, this isn't the first time Perdue has engaged in conspicuously timed trading. In 2017, he purchased stakes in an Atlanta-based prepaid debit card provider weeks after he pushed to overturn federal regulations affecting the sector.

Sen. Perdue Helped Defense Contractor—and Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com

[bullimiami]

1. these rich MFs cant just play by the rules. they have to grift and grab for every penny.

[Blue Owl]

2. Time for an incriminating campaign ad

[bamagal62]

3. Of course he did.

Why we keep electing these criminals is beyond me.

[UTUSN]

4. K&R

[Hermit-The-Prog]

5. DU actblue link for runoff and Fair Fight ...

https://secure.actblue.com/donate/dufor2020runoff