While Downplaying the Severity of COVID-19, Did Daines, Gianforte Receive Insider Information About Looming Economic Devastation?

Rachel Prevost2020, Daines, Gianforte, News, Republicans

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Friday, October 16, 2020

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While Downplaying the Severity of COVID-19, Did Daines, Gianforte Receive Insider Information About Looming Economic Devastation?

Helena, MT – A damning new report reveals that the White House appeared to be “giving wealthy party donors an early warning of a potentially impactful contagion” despite publicly downplaying the threat of COVID-19. After meeting with members of the president’s economic team, a hedge fund consultant sent a memo to investors outlining “a devastating virus outbreak…and that government officials were more aware of the threat than they were letting on publicly.” 

These revelations raise the question – when did Trump loyalists and multi-millionaires Steve Daines and Greg Gianforte know the true danger of this devastating pandemic, and did they profit off of this information? 

These shocking developments come as Daines has refused to condemn his former aide’s pandemic profiteering company and secured a program that awarded massive government contracts to big pharmaceutical companies – in which he holds mutual fund investments. Meanwhile, Gianforte has made extensive investments in pandemic-related companies. Despite downplaying the virus, Gianforte privately invested in pharmaceutical stocks that appreciated in value by more than 60 percent in the months following the investment. 

“What did Daines and Gianforte know, and when did they know it?” said MDP Communications Advisor Christina Wilkes. “Montanans deserve answers as to whether Daines and Gianforte have exploited this unprecedented crisis for their own benefit.”

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