Article 5CCY3 Revealed: David Perdue bought bank stocks after meeting financial officials

Revealed: David Perdue bought bank stocks after meeting financial officials

by
Stephanie Kirchgaessner in Washington
from US news | The Guardian on (#5CCY3)

Georgia Republican facing Senate runoff bought significant shares in US bank after meeting with financial policy makers

David Perdue, the Georgia Republican facing a Senate runoff election on Tuesday, has twice bought a significant number of shares in a US bank shortly after meeting with financial policy makers, raising more questions about his prolific stock trading while in office.

In one case, in May 2015, Perdue bought between $15,000 and $50,000 worth of shares in Regions Financial Corporation two days after a 10-minute phone call with then treasury secretary Jack Lew.

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