Senators Seek Probe Into FAA Head Stock Divestiture
Three Democratic senators asked a federal watchdog to investigate if FAA Administrator Bryan Bedford violated ethics rules by delaying his stock divestiture. The lawmakers suggest the delay allowed Bedford to profit from a merger before selling his shares.
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Three Democratic senators in the United States have formally requested a federal investigation into whether the current head of the Federal Aviation Administration (FAA) breached his ethics agreement. Senators Maria Cantwell, Tammy Duckworth, and Ed Markey submitted the request on Thursday, questioning the timing of stock divestitures made by FAA Administrator Bryan Bedford following his transition from the private sector.
