Sen. John Hoeven, R-N.D., purchased stock in a fund invested in health sciences companies five days after attending a briefing on coronavirus.
Sen. John Hoeven purchased up to $250,000 of stock in a fund invested in health sciences companies in late January, just five days after attending a briefing on the federal government's response to the coronavirus, according to government records.
Kami Capener, a spokesperson for the senator, said in a statement that Hoeven's purchase was not motivated by the Jan. 24 briefing. The purchase came on the same day as the fund's initial public offering and was approved weeks beforehand, she said.Alex Wroblewski | Getty Images The Jan. 29 purchase of shares in the BlackRock Health Sciences Trust II fund, detailed in Hoeven's financial disclosure report filed in February, came before markets began plunging later that month, once the unfolding public health crisis began to affect economies around the world.from the Centers for Disease Control and Prevention, the National Institutes of Health, and the State Department on efforts to contain COVID-19, the disease caused by coronavirus.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GOP Sen. Rick Scott begs people to get off Florida's beaches: 'What are you thinking?'Sen. Rick Scott (R-Fl.), the former governor of Florida, is desperately begging people to stop crowding the beaches even amid the coronavirus pandemic.Scott spoke in an interview on CNN Thursday amid reports that warnings from health officials are falling on deaf ears among some who are still flooding
Read more »
Sen. Burr: I sold off stocks because of TV reports, not inside info about coronavirusThe North Carolina Republican and three other senators who sold off stocks after coronavirus briefings denied any wrongdoing.
Read more »
Sen. Schumer: We need bold, quick, bipartisan actionSen. Chuck Schumer, D-NY, discusses the latest coronavirus figures for New York, the lack of available testing, the need of a 'Marshall Plan' for the health care system and the need to take care of U.S. workers in the immediate moment.
Read more »
Florida Sen. Rick Scott: 'Get off the beach'Florida Sen. Rick Scott had a strong message Thursday for those packing the beaches in the state amid the coronavirus outbreak: 'Get off the beach.'
Read more »
Sen. Elizabeth Warren talks endorsement as Democratic primary officially becomes two-person race“I’ve been focused on this crisis,” Elizabeth Warren tells TheView when asked why she has not endorsed a candidate in the 2020 Democratic primary race yet. “I think Bernie needs space to decide what he wants to do next and he should be given the space.”
Read more »