Sen. Tommy Tuberville (R-Ala.) bought and sold more than $1 million worth of securities during his first five months in the Senate, buying and selling stock in some companies with business before his committees, according to a filing released Friday.
A member of the Armed Services Committee, Tuberville made four separate purchases of Alcoa, a defense contractor, totaling more than $80,000, before liquidating his entire holding in April. He also traded Alcoa options.
In all, the new filing details 132 transactions that took place in an account Tuberville shares with his wife from Jan. 4 to May 24.
By law, senators have to file reports of such transactions within 45 days. But Tuberville waited longer than 45 days to disclose all of these trades.
A spokeswoman for the senator said financial advisors manage his portfolio on a day-to-day basis. “Senator Tuberville was unaware that the specific transactions reported in this particular periodic transaction report occurred,” she said. “Upon becoming aware of the transactions, the senator expeditiously prepared and submitted this report to the Senate Ethics Committee. The senator has put processes in place for timely reporting moving forward.”
I took an unusual route to get here. In a past life, I worked as a travel and food writer, which is how I got the assignment in 2016 to cover the grand opening of the
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I took an unusual route to get here. In a past life, I worked as a travel and food writer, which is how I got the assignment in 2016 to cover the grand opening of the Trump International Hotel in Washington, D.C., just a couple miles from my home. When Trump won the election and refused to divest his business, I stayed on the story, starting a newsletter called 1100 Pennsylvania (named after the hotel’s address) and contributed to Vanity Fair, Politico and NBC News. I’m still interested in Trump, but I’ve broadened my focus to follow the money connected to other politicians as well—both Republicans and Democrats.