The Washington Post reports:
Sen. Rand Paul revealed Wednesday that his wife bought stock in Gilead Sciences — which makes an antiviral drug used to treat covid-19 — on Feb. 26, 2020, before the threat from the coronavirus was fully understood by the public and before it was classified as a pandemic by the World Health Organization.
The disclosure, in a filing with the Senate, came 16 months after the 45-day reporting deadline set forth in the Stock Act, which is designed to combat insider trading.
Experts in corporate and securities law said the investment, and especially the delayed reporting of it, undermined trust in government and raised questions about whether the Kentucky Republican’s family had sought to profit from nonpublic information about the looming health emergency and plans by the U.S. government to combat it.
Read the full article.
Rand Paul discloses 16 months late that his wife bought stock in Gilead, which makes remdesivir.
His office said he prepared the disclosure last year and only recently learned it was never transmitted https://t.co/rWmCrwvLeh
— Isaac Stanley-Becker (@isaacstanbecker) August 11, 2021
Sen. Rand Paul revealed in a late financial disclosure that his wife bought stock in the company behind the antiviral drug remdesivir in February 2020. That was later the first drug to be approved for treating Covid-19.https://t.co/BfYo567lNR
— Jon Cooper 🇺🇸 (@joncoopertweets) August 12, 2021
Rand Paul just revealed that his wife bought stock in Gilead Sciences – maker COVID antiviral drug Remdesivir – and did not disclose the purchase until 16 months after the 45-day reporting deadline.
— Amee Vanderpool (@girlsreallyrule) August 12, 2021
The threat was fully understood by Trump and every Senator – all of whom received security briefings on COVID-19.
Rand Paul is a traitor. https://t.co/0CAqTDK1Hf
— Eric Garland (@ericgarland) August 12, 2021
Rand Paul’s wife bought stock in a company that makes a drug used to treat Covid-19 before the coronavirus threat was widely understood. The month prior, the Senate health committee, of which Paul is a member, hosted a private briefing on Covid. https://t.co/zs58jCMI7Z
— Ken Klippenstein (@kenklippenstein) August 12, 2021