Editorial: Ron Johnson is a crook
Ron Johnson is not the only con artist in the U.S. Senate. But he stands out as the senator whose grifting costs taxpayers in Wisconsin and nationwide the most.
Just last week, The Washington Post reported, Sen. Rand Paul revealed Wednesday that his wife bought stock in Gilead Sciences which makes an antiviral drug used to treat Covid-19 on Feb. 26, 2020, before the threat from the coronavirus was fully understood by the public and before it was classified as a pandemic by the World Health Organization.
The disclosure, in a filing with the Senate, came 16 months after the 45-day reporting deadline set forth in the Stock Act, which is designed to combat insider trading, explained the Post. Experts in corporate and securities law said the investment, and especially the delayed reporting of it, undermined trust in government and raised questions about whether the Kentucky Republicans family had sought to profit from nonpublic information about the looming health emergency and plans by the U.S. government to combat it. Several senators sold large amounts of stocks in January or February of last year, prompting a handful of insider-trading probes.
One of those senators, Georgia Republican Kelly Loeffler, was booted from office earlier this year by the voters of her state after she dodged questions about multi-million dollar stock trades that were initiated shortly after she received a briefing in January, 2020, on the severity of the burgeoning coronavirus pandemic.
Read more: https://madison.com/ct/opinion/editorial/editorial-ron-johnson-is-a-crook/article_9001d5cd-65d6-533b-9283-5453c28ec301.html