Even as he praised botched White House response and was voting on relief bills, Perdue stock trading shot up during the outbreak, including investments in key companies
ATLANTA — A new AJC report breaks down Senator David Perdue’s “heavy trading” just as the coronavirus outbreak was beginning to spread in the US — along with Perdue’s investments in key companies like Netflix and “a chemical company that supplies personal protective equipment” and his sell-off of shares in casino giant Caesars.
Perdue’s ”nearly threefold” increase in stock trading came while he praised the White House response to coronavirus, despite new reports indicating the administration “wasted” months that could have been used to secure personal protective equipment (PPE) as Trump himself has refused to reopen health care exchanges.
Like his fellow Republican Senate colleague Kelly Loeffler, Perdue still deflects blame on to “third party advisors” managing his account even as another Republican senator facing similar charges of improper stock trades is calling for his own ethics investigation.
“Senator Perdue’s latest disclosure shows he still has plenty of questions to answer from Georgia voters about his stock trading history in the middle of a pandemic,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “After downplaying the coronavirus threat and playing politics with critical relief votes, it’s time for both Senator Perdue and Senator Loeffler to be honest with Georgians about their coronavirus stock trading and explain why they seemed more focused on their financial portfolios than Georgians’ well-being.”
Read the latest about Perdue’s own stock trading scandal:
December 1, 2023
November 29, 2023
November 28, 2023