Washington, D.C. – Richard Blumenthal has been in hot water before about his stocks, but this time he really stepped in it.
According to Shore News Network:
Democratic Connecticut Sen. Richard Blumenthal disclosed in early March that an investment fund managed by his wife’s family purchased between $250,000 and $500,000 worth of Intel stock. A little over three weeks later, he voted for legislation handing billions in subsidies to semiconductor manufacturers that could benefit Intel.
Talk about a “conflict of interest.” Blumenthal knowingly supported legislation that gave BILLIONS of dollars in subsidies that would benefit the company in which he held a good amount of stock.
Not a good look.
Statement from NRSC Spokeswoman Lizzie Litzow: “It’s never a good look when a U.S. Senator looks out for himself over their constituents and that is exactly what Richard Blumenthal did. The people of Connecticut deserve a leader who will better their everyday lives, not their own.”
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