David Perdue profited from a Navy contractor’s stock while overseeing the Naval fleet.
While not officially prohibited, individual stock trades by members of Congress have long raised questions, according to Kedric Payne, general counsel for the Campaign Legal Center, a nonpartisan watchdog group. “This is just a perfect example of why many members of Congress have decided on their own to not trade individual stocks, even though there is no evidence of insider trading. It still begs the question of whether his official actions are somehow motivated by personal interest.”
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