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politics8h ago
Top Democrats call for investigation into share-buying spree by Trump allies
- Two Democrats urged a formal investigation into a stock-buying spree by Venture Global founders tied to a White House meeting and an LNG export permit.
- The buyers, Venture Global founders Robert Pender and Michael Sabel, allegedly purchased over a million shares amid a regulatory permit favorable to LNG expansion.
- Wyden and Van Hollen framed the trades as possible corruption and pay-to-play in government, calling for accountability for the alleged conflicts of interest.
- Senator Chris Van Hollen echoed concerns about conflicts of interest and called the investments deserving further scrutiny.
- The Guardian report links more lobbying and donor activity to Venture Global, amplifying questions about influence and policy outcomes.
- Venture Global defended the trades as compliant with SEC rules and stated it adhered to all laws in its government interactions.
- Guardian reporting cited a 2024 Mar-a-Lago event where Trump allegedly sought donations in exchange for policy favors.
- The piece notes 2025 is forecast as a hot year with climate impacts coinciding with energy policy shifts.
- The report discusses how LNG exports could influence U.S. energy bills and policy debates.
- The Democratic lawmakers named Rohr Khanna and Summer Lee as leading efforts to restrict money in politics.
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