Earlier this year, shortly before the world's economy and the stock market took a big dump, some Senators were put under scrutiny after it was discovered that they sold some significant shares of stock in certain companies.
The reason that the sales were suspicious is because of the timing of the sales. They came shortly after a meeting back in January regarding the coronavirus threat on the U.S.
The mainstream media portrayed the whole situation as though it were the conniving Republicans who did it. But it wasn't just Republicans. Senator Dianne Feinstein is also under the microscope right now because of her sales. Even the FBI has requested that she turn over stock sell documents related to her husband in which they sold millions of dollars worth of stock.
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.
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.”
Another huge sale from Sen. Feinstein of the same stock pic.twitter.com/5k90EXzFNN
— C.D. Moore (@_CDMoore) March 20, 2020
Sources:
Fox News
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