320fea No.8502185
Worth about $45 Million ND GOP Sen. John Hoeven bought up to $250,000 in health sciences fund days after coronavirus briefing.
Resign. Hoeven's financial disclosure records show that he invested in the BlackRock Health Sciences Trust II fund on Jan. 29, 2020. Five days earlier, he and other senators had been briefed by health and State Department officials. Since Hoeven invested in the fund, the stock market fell at unprecedented levels largely due to the effects of the coronavirus pandemic. This story was first reported by CNBC.
His office sent out a press release on the information shared during the briefing, which Hoeven told Forum News Service shows that it was public knowledge. Hoeven said what he learned in the briefing had no bearing on his decision to invest in the fund, which contains shares in medical device and pharmaceutical companies.
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