Tuesday, May 17th, 2022

Richard Blumenthal denies ownership of the stock. His portfolio tells a different story.

Sen. Richard Blumenthal (D.C.) has denied that he owns any private stock, despite announcing earlier this year that his family’s investment fund had bought millions of dollars worth of shares.
Blumenthal, one of the richest members of Congress, claimed last month that he did not own the stock. But Blumenthal disclosed to the Senate Ethics Committee earlier this month that an investment fund controlled by his wife’s family bought between প্রযুক্ত 1 million and $ 2 million in shares of four technology companies on Jan. 31, days before denying ownership of any of its stock. Asked about the apparent conflict on Tuesday, Blumenthal’s office insisted to the Washington Free Beacon that he did not own any private stock and that neither he nor his wife had conducted any business in his family portfolio.
Blumenthal’s denial is based on the claim that his wife is the real owner of the stock portfolio. But the head of the Watchdog Group Foundation for Accountability and Civic Trust has rejected that defense.
“There is no difference between his personal stock ownership and the family belief in their ownership, as evidenced by the fact that he must.

Post Richard Blumenthal denies stock ownership. His portfolio tells a different story. – The Washington Free Beacon first appeared in the Populist Press © 2022.

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