Rand Paul reveals in late financial disclosure that his wife bought stock in company behind remdesivir in February 2020
CNN
Republican Sen. Rand Paul of Kentucky revealed Wednesday that his wife in February 2020 purchased up to $15,000 in stock in Gilead Sciences, the maker of the antiviral drug remdesivir.
Remdesivir later became the first drug to be approved for treating Covid-19. Paul's filing with the Senate shows that between $1,000 and $15,000 of Gilead stock was purchased. The STOCK Act -- which was enacted in 2012 to outlaw congressional insider trading, or the use of nonpublic information for one's financial benefit -- requires trade disclosures within 45 days. Paul's reporting came 16 months late.
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