During his campaign New Jersey Rep Tom Malinowski vowed to fight corruption and people who profited from the pandemic. So it’s more than just a little ironic that the Democrat stands publically accused of doing that very same thing. Malinowski told PMSDNC that “This is not the time for anybody to be profiting off of selling ventilators, vaccines, drugs, treatments, PPE, anywhere in the world,” while the Dem reportedly made money off of those same stocks.
Malinowski worked hard to make sure this information stayed secret but a bombshell report by Market Watch blasted the Democrat:
“Since early 2020, Malinowski has bought or sold as much as $1 million of stock in medical and tech companies that had a stake in the virus response, according to an analysis of records by The Associated Press. The trades were just one slice of a stock buying and selling spree by the congressman during that time, worth as much as $3.2 million, that he did not properly disclose.
The issue of congressional stock trading took on a new urgency last year when at least three senators were the subject of inquiries about whether they made financial decisions based on insider information. Though no one was charged, their dealings stirred outrage and highlighted the limitations of the Stock Act, a 2012 law intended to curtail stock market speculation by lawmakers.
Malinowski’s trades received little attention at the time. Yet his subsequent failure to report his trading activity to Congress as required by law, which was first reported by Business Insider, have made him the latest to face scrutiny, with two complaints filed against him with the Office of Congressional Ethics.”
Perhaps the most infuriating aspect about Malinowski’s attempts to cover his tracks and deceive voters is that he will probably never face charges— because he’s a Democrat…
The reports also detailed how Malinowski also engaged in short-selling of stocks during a time when he knew who the government would and would not be helping through the pandemic.
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