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Profiting From The Pandemic? Malinowski Faces Accusations


UpdatedFri, May 21, 2021 at 1:25 pm ET
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Tom Malinowski, District 7 Congressman. (Photo by Ken Cedeno-Pool/Getty Images)
SOMERVILLE, NJ District 7 Congressman Tom Malinowski is speaking out after the Associated Press released a scathing article accusing him of using inside information to profit during the coronavirus pandemic.
The article published on Friday says that Malinowski has purchased or sold as much as $1 million of stock in medical and tech companies that had a stake in the virus response such as companies that were developing COVID-19 testing, or therapeutics to combat illnesses caused by the disease, according to the Associated Press.
Additionally, the article accuses Malinowski of not properly disclosing as much as $3.2 million in trades as required by Stock Act, a 2012 law intended to curtail congressional stock trading. ....

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NJ congressman chased profit as COVID pandemic spread pain and panic


In an interview Thursday, Malinowski said his failure to file was “a mistake that I own 100%.”
He said the reports, some of which were due over a year ago, have been submitted though not released by the congressional ethics office, which did not respond to a request for comment.
Malinowski said his broker handles all his trading decisions and he does not speak to the firm about specific transactions. His office provided a statement from the firm, Gagnon Securities, stating that it made trades “without Congressman Malinowski’s input or prior knowledge.”
“At no point in the last 25 years have I directed, suggested, or even asked questions about a particular trade being made by my brokerage firm,” Malinowski said. He said the one exception was a request to sell stock that he was obligated to get rid of after joining President Barack Obama’s State Department in 2014. ....

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GOP health-care bill: Ryan visits White House to say he lacks support for health-care bill - Washington Post - William P.J. Lynch Jr.com


GOP health-care bill: Ryan visits White House to say he lacks support for health-care bill – Washington Postby wpjljron
Friday, March 24th, 2017.GOP health-care bill: Ryan visits White House to say he lacks support for health-care bill – Washington PostHouse Speaker Paul D. Ryan (R-Wis.) visited White House at midday Friday to brief President Trump on an overhaul of the nation’s health-care system, amid mounting evidence that enough House Republicans would spurn their pitches and send the bill to defeat. Ryan was prepared to tell Trump there are not enough votes to pass the […]
House Speaker Paul D. Ryan (R-Wis.) visited White House at midday Friday to brief President Trump on an overhaul of the nation’s health-care system, amid mounting evidence that enough House Republicans would spurn their pitches and send the bill to defeat. ....

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