USA Today reports:
With a global pandemic threatening to hit the United States earlier this year, U.S. Rep. Phil Roe made hundreds of financial transactions, buying stocks in companies now working on vaccines and selling other shares before a historic market plunge in March.
While it’s unclear if the stock trades were based on information unavailable to the public, Roe’s transactions occurred as Trump administration officials held pandemic briefings with members of Congress.
The Tennessean’s analysis showed Roe purchased stock in Zoom and Moderna, a leading company working on a coronavirus vaccine, prior to selling shares of Royal Caribbean Cruise and Disney, just days before those two companies shuttered operations due to the pandemic.
Read the full article. In January 2020 Roe announced that “after prayerful consideration,” he will not be seeking reelection.