December 3, 2023

Keeping Media and Government Accountable.

Rep. Sharice Davids mum on stock portfolio dump after media exposé

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Rep. Sharice Davids, currently in a battle for re-election, quietly liquidated her investments in a handful of green energy companies that lobby Congress for taxpayer-financed subsidies a day after those investments were revealed in an online publication.

The Washington Free Beacon reported on June 20th that the Kansas Democrat owned some $17,000 in FuelCell Energy, Maxeon Solar Technologies, and SunPower Corporation. The companies have lobbied lawmakers for contracts for Biden Administration infrastructure projects. The Congresswoman is a member of the House Committee on Transportation and Infrastructure, which has helped shape the administration’s spending priorities.

Davids also invested in Organovo Holdings, a biotech firm that develops three-dimensional human tissue for medical research, and also lobbies Congress.

The day after the investments were disclosed, she sold them, according to financial disclosure documents.

Rep. Sharice Davids

Running for her third term, Davids suffered a setback in the redistricting process, losing a chunk of Democrat-rich Wyandotte County and adding more conservative counties to the southern end of her new Third District.

In April of this year, Davids and 18 other congressional colleagues called for a ban on members, their spouses, and dependents from owning or trading securities, citing a conflict of interest for those conducting legislative oversight of publicly traded and the need to “improve transparency and accountability” according to Rep. Davids.

The Sentinel reached out to Rep.Davids for comment, but she did not respond.

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