Salon: Montana’s Republican Attorney General accuses GOP congressman of insider trading on coronavirus

Chris Saeger2020, Gianforte, News, Republicans

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Tuesday, April 14, 2020

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Salon: Montana’s Republican Attorney General accuses GOP congressman of insider trading on coronavirus

Gianforte has yet to respond to the allegations

Helena, MT – Salon is reporting that in an email to supporters last week, Attorney General Tim Fox’s campaign criticized Greg Gianforte, the wealthiest elected member of Congress, for breaking his promise to put his assets in a blind trust, and condemned “his recent investments totaling nearly $1 million in companies that are profiting from the COVID-19 pandemic.” The campaign continued, writing, “Greg is financing his gubernatorial campaign with profits derived from insider trading that capitalizes on the COVID-19 pandemic.”

“Greg Gianforte must address these serious allegations. At a time when Montanans are banding together to fight off this virus, Greg Gianforte is busy looking out for his pocket book,” said MDP Executive Director Sandi Luckey. “Montanans deserve to know if Gianforte – while downplaying the seriousness of the virus in public – was privately using his position in Congress to enrich himself. We look forward to hearing from Rep. Gianforte as soon as possible.”

Salon: Montana’s Republican Attorney General accuses GOP congressman of insider trading on coronavirus

By: Matthew Chapman

“On Friday, The Montana Post reported that the gubernatorial campaign of Republican Attorney General Tim Fox is accusing Rep. Greg Gianforte (R-MT) of “insider trading” off of the coronavirus pandemic.

“It’s an incredible claim, no doubt based on the research that shows Gianforte, rather than putting his investments into a blind trust as promised, has invested hundreds of thousands of dollars over the past three months in companies hoping to profit from COVID-19, including the French manufacturer of Hydroxychloroquine,” wrote Don Pogreba.

Gianforte, who gained nationwide infamy after body-slamming a reporter on the eve of his special election in 2017, is competing with Fox for the gubernatorial nomination to replace departing two-term Democratic Gov. Steve Bullock, who is mounting a challenge to Republican Sen. Steve Daines.

The winner of the primary will face off against either Lt. Gov. Mike Cooney or businesswoman Whitney Williams, who are competing for the Democratic nomination.”

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