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A Republican congressional candidate has financial ties to a number of Russian companies that have been sanctioned by the US, the Guardian has learned.
Greg Gianforte, who is the GOP standard bearer in the upcoming special election in Montana, owns just under $250,000 in shares in two index funds that are invested in the Russian economy to match its overall performance.
Russia 'targeted Trump adviser in bid to infiltrate campaign'
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According to a financial disclosure filed with the clerk of the House of Representatives, the Montana tech mogul owns almost $150,000 worth of shares in VanEck Vectors Russia ETF and $92,400 in the IShares MSCF Russia ETF fund. Both are indexed to the Russian equities market and have significant holdings in companies such as Gazprom and Rosneft that came under US sanctions in the aftermath of the Russian invasion of the Crimea.
originally posted by: Kali74
a reply to: butcherguy
You can't own stocks in companies sanctioned by the US government.
originally posted by: roadgravel
The people of Montana should be proud.
Their Congressman bases his believes on retirement and Social Security off the bible and a 600 year old Noah building an ark.
originally posted by: Kali74
a reply to: butcherguy
Oh right, except the assault happened the other way...
originally posted by: rickymouse
Let's see, We own stock in AT&T and I think they are in Russia too. I am under the influence of Russia. We also have money in an IRA at the credit union which is insured by a company that insures all credit unions and that insurance company has investments around the globe including Russia I think. Darn, I guess the Russians have me over a barrel..
That guys investments are not a problem, he does not make decisions for the investment company other than buying stocks.
originally posted by: Kali74
a reply to: butcherguy
You can't own stocks in companies sanctioned by the US government.
originally posted by: butcherguy
originally posted by: roadgravel
The people of Montana should be proud.
Their Congressman bases his believes on retirement and Social Security off the bible and a 600 year old Noah building an ark.
I guess they liked him better than a fake cowboy with herpes that sings country music gigs at nudist camps. Whatever floats their boat, I guess.