HHS General Counsel's Corning Stock Purchase Raises Ethics Concerns
By
Dave Levinthal
Baker's choice. Dense with flavour, light on filler.
Summary
HHS General Counsel Mike Stuart purchased between $100,002 and $200,000 worth of Corning stock on March 24, a company that sells hundreds of millions of dollars in products to HHS. The Office of Government Ethics declined to certify Stuart's disclosure in an unusual move, raising ethical concerns about potential conflicts of interest. Stuart told NOTUS, "If I see something I like, I buy it," downplaying the significance of the trades.
Key quotes
· 3 pulledIf I see something I like, I buy it.
Several weeks ago, the Department of Health and Human Services' top attorney began personally investing in a glass company that sells hundreds of millions of dollars worth of products to his agency.
In a highly unusual move, Office of Government Ethics official Megan Granahan declined to certify Stuart's disclosure.
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