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Search resuls for: "James V. Grimaldi"


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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/elections/ron-desantis-is-brandishing-his-military-service-do-republican-voters-still-want-that-1953ce97
Persons: Dow Jones, ron
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/who-will-control-wagners-empire-of-war-and-gold-22444d60
Persons: Dow Jones
Congress is pressing federal agencies to better police their officials’ stock trading, while the energy secretary became the first cabinet member to signal support for banning such trading. The developments are the latest fallout from a Wall Street Journal investigation revealing that more than 2,600 government officials across 50 federal agencies had reported investments in companies that stood to rise or fall with the decisions made by their agencies.
My Family and the Measles Vaccine
  + stars: | 2023-03-23 | by ( James V. Grimaldi | ) www.wsj.com   time to read: +1 min
Surgeon General granted licenses to two drug companies to produce the first measles vaccines. It had taken nine years of research before a vaccine was ready for release to the public. That was too late for my sister, Mary Maura Grimaldi, who died at age 6 of encephalitis caused by measles, on the same day the licenses were announced. By contrast, it took only about a year for scientists to develop a Covid-19 vaccine. The difference was largely due to advances in research technology and $18 billion in taxpayer funds, said Dr. Paul Rota, chief of Viral Vaccine Preventable Diseases Branch at the Centers for Disease Control and Prevention.
Last year, the Federal Deposit Insurance Corp. deliberated over whether to tap Microsoft Corp. as its primary cloud provider. Three key officials involved in the discussions, or their family members, owned shares in Microsoft, including the deputy chief information officer who pushed to pick the company. By early this year, Microsoft had become the agency’s primary cloud platform.
It’s the kind of rapid-fire trading you see on Wall Street: hundreds of stock-market wagers, sometimes peppered with options and other aggressive trades. But this wasn’t done by ordinary traders. The transactions came from about seven dozen senior federal-government officials who disclosed that they or their families each made more than 500 trades from 2016 through 2021. That totals more than 80,000 transactions while these officials worked in government.
Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found. More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made, a Wall Street Journal investigation has found. More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
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