On National Investing Day, here’s a reminder that DC insider and Big Oil Lobbyist Michael Whatley’s investment strategy is simple: push for policies that benefit his stock portfolio, make him richer, and hurt working North Carolinians.
Whatley’s agenda has sent his personal stocks soaring at the expense of North Carolina families:
2. Whatley actively pushed for a bill that gave “a windfall to pharmaceutical companies,” benefiting his up to half million-plus dollars invested in Big Pharma while raising drug prices and out-of-pocket costs for seniors.
Charlotte Observer: “Whatley helped get the bill across the finish line, and he encouraged North Carolina leaders to support it. But he also may have financially benefitted from its passage.”
2. A “longtime oil lobbyist,” Whatley dismissed the sacrifice of service members in Iran as the war spiked his oil and gas investments by up to $219,660.
Fayetteville Observer: “U.S. Senate candidate Michael Whatley supports Trump’s Iran War. The supply disruption drives up profits for Whatley’s oil stock holdings and raises conflict-of-interest questions.”
3. Whatley also cheered on Trump’s actions in Venezuela as he reaped up to $63,000 in a single weekend from his investments in Big Oil companies.
POLITICO: “North Carolina Republican Senate candidate Michael Whatley has praised the Trump administration for its ouster of Venezuelan President Nicolás Maduro, calling it ‘a very important step.’ […] What Whatley didn’t mention is that he and his family have up to a million plus dollars invested in three major oil companies that saw spikes in their shares…”
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