Another day, another bombshell revelation about David Perdue’s tradings, this time courtesy of Salon:
[...] Disclosures only provide ranges of value, so we cannot know precisely how much money Perdue has moved in stock trades, or the extent of his profits. But the forms do show that between 2017 and 2020, while he sat on the Banking Committee, Perdue traded at a minimum hundreds of thousands of dollars, possibly millions.
According to the disclosures, Perdue held up to $910,000 in bank stocks alone from 2017 to 2019, through DBP and Wells Fargo. The shares earned him up to $204,000 in capital gains and dividends payouts. [...]
Over the next three years, Perdue continued to throw softballs to big banks. As he was slinging stock, he cosponsored 14 bills that benefited the financial industry, the majority earning the blessing of the ABA. Five of them were lobbied on by financial institutions where Perdue held hundreds of thousands in stock, including Regions Financial, US Bancorp and JP Morgan.[...]
In just the last week, we have now learned that David Perdue
Nice grift, if you can get it.
Do you want a Senator more interested in being a public servant than as rich as possible? You can donate to the campaign of Jon Ossoff via ActBlue.
Do you want to know more about helping Jon Ossoff and Raphael Warnock win their runoff elections? Check out the diary This is how we are going to win the GA runoffs - a (nearly) complete guide.