Kentucky Sen. Paul failed to disclose wife's stock trade

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Kentucky Sen. Rand Paul waited more than a year to disclose that his wife purchased stock in a company that makes a COVID-19 treatment. A spokeswoman said the senator's failure to disclose the trade earlier was an oversight.

The Republican filed a mandatory disclosure Wednesday revealing on Feb. 26, 2020 that Kelley Paul purchased somewhere between $1,001 and $15,000 worth of stock in Gilead, which makes the antiviral drug remdesivir. Under a 2012 law called the Stock Act, which was enacted to stop lawmakers from trading on insider information, any such sale should have been reported within 45 days.

“Last year Dr. Paul completed the reporting form for an investment made by his wife using her own earnings, an investment which she has lost money on,” Cooper said. “In the process of preparing to file his annual financial disclosure for last year, he learned that the form was not transmitted and promptly alerted the filing office and requested their guidance. In accordance with that guidance he filed both reports yesterday.

Yet the $1,001 to $15,000 invested by his wife is also miniscule compared to some other lawmakers, who have bought or sold hundreds of thousands — if not millions — of dollars worth of stock during the pandemic. became a major campaign issue. Both were investigated by the Justice Department, and ultimately cleared.between $1 million and $5 million worth of stock in a company where he was formerly a board member. After markets crashed, he bought it back and earned a windfall after its price skyrocketed.

 

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It shows his ignorance. If she bought stock, wouldn't they want everyone to get a shot? More shots, more money. They could make more money by promoting boosters.

nancy_westberg There's a joke somewhere in here about Rand Paul, an ophthalmologist, who failed to report a once-in-a-ten-year huge stock purchase due to an 🥸 oversight.

It was not an oversight; an oversight would have been excessive management because of previous subordinate failures. If anything, it IS greed. But it IS NOT good.

Bull.not an oversight at all.

He waited more than a year to disclose that his wife purchased stock in a company that makes a COVID-19 treatment. Martha Stewart didnt wait that long. Ignorance of the laws are not a defense; is what I was told.

Yeah. Sure it was.

He’s so punchable.

No over-site! It money in Big Pharma! Both sides invested in the Vaccine! That why both sides are pushing for 100 percent vaccination! Nothing to see here! LOL!!!!!

Arrest them!!!

No insider trading going on here. Make them sell and donate all proceeds to charity

Tell his neighbor...

SO what is the big deal-SpeakerPelosi family has made MILLIONS off of goverment jobs that was awarded to them

BULL

How convenient

What did the spokesperson say about the insider trading?

Inside of trading ,For congressman that’s business as normal

So the more people who get Covid the better right?

Which is why we need more actual OVERSIGHT on the finances of all elected officials. And, I still want to see Trump's taxes. While we're at it, how about a transcript from the Helsinki meeting with Putin.

Rand Paul was suspended from YouTube. 😂

Greedy people.

Does anyone with normal intelligence really believe that this was just an oversight by rand Paul?

Shess1016 An oversight. Yeah. Cause no one has been talking about treatments for Covid for years now...

That is irrelevant. Look at the crimes being committed at our border. The mess in Afghanistan. Our pipeline being shutdown and we are the laughingstock of the world !

Gladari I'm gonna call bullshit on that there 'oversight'. I'd say he knew it would look bad.

BS

They both should be held accountable . He should resign!!!!!

Emoluments are apparently not illegal among Senate & Congressional budget manipulators 😉👎🏼🤨 .

DefundFASCISTS and ALL who support them. Accountability is key in 2021!! Competence is essential in 2022!!!

Ya!🙄😡 Sounds like he NEEDS OVERSIGHT!!!

Oversight = when found out for committing a felony.

Another abuse of power.

POS confirmed … for anyone on the fence

StevenHarp_ He has never made such a stock purchase in his life, how did he forget to update that part of his financial reports? He is corrupt and planned on profiting off of our deaths. Now he is reaping his reward and no one is going to do anything about it because they are all doing it!

How much is an “oversight” worth these days?

RandPaul

He should be forced to pay 100% to a charity or he should resign.

Bull💩🤬

Let CongressEthics decide.

Ok. Fine. I didn't pay my gotdamn taxes. It was an oversight.

Lock him up.

And by “oversight” she of course meant “crime rich people do”

Liar.

Oversight my ass. He was counting on nobody finding out

The epitome of our politicians in the US. “Do as I say, not as I do”

Bullshit that it was an oversight

“Pay no attention to the man behind the curtain!”

Horseshit!!!... Ooops that must have been an 'oversight'... 'Nuff said!!!...

sap1028

Oh God! Someone married him?

Whoopsies! Nothing like convenient amnesia to explain massive deceit. Nothing to see here 🙃

He simply forgot😅

Yeah…because why would UNITED STATES SENATOR SenRandPaul remember he and his wife buying stock in the company that creates the ONLY THERAPEUTIC FOR THE WORLD WIDE DEADLY PANDEMIC

She forgot to tell him?

Why not just say he waited 16 months.

As oversight that he did insider trading. Got it.

Yeah because I always forget when I make a million dollars how I made it smh

Clsssic oversight.

Exactly what I tell the IRS. All the income I failed to report was merely an oversight

I think that federal (at the least) politicians should have to divest from everything. We you get sworn in, you cash out. There’s no way they can resist the temptation of insider trading.

Oversight my ass. They tried to keep it quiet.

It was an “accident”

sure rand paul sure

Bullshit. He’s lining his pockets on the suffering of others. Fuck SenRandPaul

We live in the age of the kleptocracy.

She should have bought Moderna like me. 😂

If I did this they would call it a crime, for the Pauls it is an oversight.

Let's all find our 'surprised' faces..

Pauls wife invested 20k- Corrupt Pelosi millions!

It was 20k. Peanuts compared to Nancy Pelosi millions invested in the market with real insider info.

Wait! Someone married him! Does she give him his perms? RandPaul

Oh sure it was an oversight. I got some prime swamp land to sell you!

Now do Nancy....

Give me a break. An over sight right!! Inexcusable!

And this is why Congress should make a rule preventing buy & sell of stocks while serving in Congress.

But then the really big question is, what kind of person is married to Rand Paul?

InsiderTrading

No one like getting caught...🧐😂🤣😂🤣 But as a politician... nothing will happen unless it's about sex or racism...

BS.

“Oversight”. Right. Uh huh.

Despicable.

So it makes sense that Sen Paul is for more infections. That will help the drug company benefit and so his wife enrich herself!

O.V.E.R..S.I.G.H.T

Oversight? He whines about covid every day.

There are a whole bunch of 'oversights' sitting in jail.

Easy to lie when you’re not held accountable.

Ask him to define oversight

That neighbor gonna beat his ass again

Uh oh Dem party demanded the hit pieces.

Martha Stewart went go jail...

Blah blah and NOTHING will happen.

Oversight, my aunt pattooty's ass!

Neither illegal or unethical and for $15,000 is this a National AP worthy story? Hint: Taliban, wildfires, Biden PTO might be bigger stories. And why did AP share office space with Hamas exactly? Never heard the end of that.

She lost about $5/share on the trade but that's not the point. These people should all be limited to index funds -- most incentive compatible way to ensure overall US prosperity (inasmuch as limiting political actors' investments can ensure such a thing).

Dr. Fauci reading this news.

Waited? Nah. They got called out and/or caught. RandPaul

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