Since the onset of the pandemic, Sen. Rand Paul of Kentucky has repeatedly defied public health officials and played sport by trying to discredit Dr Anthony Fauci whenever he had the chance. Many believed he was just trying to rally his base ahead of his 2022 re-election campaign. But a long-awaited financial disclosure statement suggests darker and more sinister motives may be at play.
According to a financial disclosure released yesterday, Paul’s wife and frequent Twitter advocate Kelley purchased up to $ 15,000 in shares of Gilead Sciences, maker of the antiviral drug remdesivir, in February 2020.
Remdesivir, of course, was the first drug to be approved by the FDA for the treatment of COVID-19.
Rand Paul sold you!
It turns out that when he says he is for “freedom” what he actually means is the freedom for you to get sick with COVID so that he can profit by selling you one. potential remedy.
– Chris Hahn (@ChristopherHahn) August 12, 2021
The STOCK Act, which was first enacted in 2012 to monitor congressional insider trading and the illegal use of non-public information for personal financial gain, requires lawmakers to report all commercial disclosures in 45 days.
Paul submitted his report 16 months late.
His office says the delay was unintentional and the case simply got lost in the shuffle. Plus, Kelley’s investment lost money. So much nothing to see here, folx!
“Last year Dr Paul completed the declaration form for an investment made by his wife using her own income, an investment she lost money on,” said Paul’s spokesperson. , Kelsey Cooper, in a statement.
“As he prepared to file his annual financial return for last year, he learned that the form had not been forwarded and quickly alerted the filing office and asked for advice. In accordance with those directives, he tabled both reports today.
Gilead’s shares were trading at around $ 75 a share on the day Kelley made her purchase. In April, it hit $ 84 per share, before dropping back down.
Rand Paul reveals 16 months late his wife bought shares in Gilead, making Covid treatment
Remdesivir sales soared to $ 829 million
Now we know why he’s so against masks and vaccines
ONLY senator who opposed the Covid emergency bill
Death for dola tickets?
– Lindy Li (@lindyli) August 12, 2021
According to the report, Kelley spent between $ 1,000 and $ 15,000 on Gilead shares in February 2020, just as the World Health Organization announced the drug “may have real effectiveness” in treating severe cases of COVID. -19.
In May 2020, the FDA granted emergency use authorization for remdesivir after preliminary results from a notable study were released in late April, showing that it was in fact useful. And in October, he officially approved the antiviral drug.
Eight days after his wife bought shares in Gilead, Paul voted against an emergency coronavirus bill of $ 8.3 billion. He was the only senator to do so.
So, just to clarify, the more people get Covid, the more Covid treatments are sold, and the more Gilead earns, and the more Paul’s investment is worth. Understood! https://t.co/m7DR4DjNUJ
– Joe Bob #GladTheOtherGuysGone (@JHowieJr) August 12, 2021
Earlier this week, Paul saw his YouTube account suspended for seven days after posting a video falsely claiming that masks are ineffective in tackling the spread of COVID-19. He called his suspension from the popular video-sharing platform a “badge of honor” in a tweet.
Graham Gremore is editor and editor at Queerty. Follow him on Twitter @grahamgremore.
