FBI Demands Top Democratic Senator to Turn Over Documents Related to Insider Trading
Back in March just prior to the total collapse of the stock market, a handful of Senators were put in the public eye after it appears that they sold significant portions of their stocks after a meeting in January regarding the coronavirus threat.
The focus by many news outlets was that it was Republicans and how shady it was to do such a thing. Technically, if that’s what happened then it would be insider trading and they would likely go to jail for it as Martha Stewart did in the early 2000s.
But it wasn’t just Republicans. Democrat Senator Dianne Feinstein is now being told by the FBI that she must turn over stock sell documents related to her husband Richard Blum in which they sold millions of dollars worth of stock.
One of the companies that was sold was Allogene Therapeutics Inc, which is a biotech company.
Sen. Dianne Feinstein has been questioned by law enforcement over her husband’s stock sales during the early stages of the coronavirus outbreak, Fox News has confirmed.
“Senator Feinstein was asked some basic questions by law enforcement about her husband’s stock transactions, as I think all offices in the initial story were,” a spokesman for the California Democrat told Fox News on Thursday.
“She was happy to voluntarily answer those questions to set the record straight and provided additional documents to show she had no involvement in her husband’s transactions,” the spokesman said. “There have been no follow up actions on this issue.”
But a spokesman for Feinstein at the time denied any wrongdoing and indicated the sales involved the senator’s husband, saying that “all of Senator Feinstein’s assets are in a blind trust” and “she has no involvement in her husband’s financial decisions.”
Take a look below at some of the sales that she made.
Another huge sale from Sen. Feinstein of the same stock pic.twitter.com/5k90EXzFNN
— C.D. Moore (@_CDMoore) March 20, 2020