A bombshell new report from The Daily Beast reveals that Senator David Perdue once again “engaged in conspicuously timed trading,” this time involving a defense contractor in which he invested for the first time before assuming the role of chairman of the Senate Armed Services Committee subcommittee with jurisdiction over the company’s federal priorities. After he was “hand-picked” to work on the annual defense authorization bill, which steered lucrative federal funding to projects involving the same company, Perdue dumped his shares at a profit.
“Senator Perdue appears to have used his position to benefit himself and the company he invested in – that’s corruption, plain and simple,” said DSCC spokesperson Helen Kalla. “Perdue has always been out for himself and his special interest allies instead of the Georgians he was elected to represent.”
The Daily Beast: Sen. Perdue Helped Defense Contractor—and Sold Off Its Stock
By Sam Brodey
Read the full story here.
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