Sen. Dianne Feinstein’s husband sold as much as $6 million worth of stock in a biotech company before the stock market nosedived.
Sen. Dianne Feinstein has handed over documents and spoken to federal law enforcement agents about her husband’s stock trades.
Feinstein’s spokesman told multiple news outlets that the California Democrat “voluntarily” answered the FBI’s questions in April and that there have been “no follow up actions” taken since.
According to Feinstein’s financial disclosures, her husband, investment banker Richard Blum, sold as much as $6 million worth of stock in a biotech company between Jan. 31 and Feb. 18. That’s just before the market nosedived amid the coronavirus pandemic.
Under the 2012 Stock Act, it’s illegal for lawmakers to use insider information to make trading decisions.
Feinstein has denied any wrongdoing, writing