Trump appoints former director of company researching vaccines to head Federal program to find vaccine! Huh? Wha?

Trump, Dr Moncef SlaouiAP Photo/Alex Brandon

The former pharma executive tapped by President Donald Trump to lead the federal government’s hunt for a COVID-19 vaccine has more than $10 million in stock options in one of the companies receiving federal funding.

Dr Moncef Slaoui, a Belgian-American, was this week named Chief Scientist for Trump’s “Operation Warp Speed,” which aims to develop a working vaccine as fast as possible.

In order to take up the position, Slaoui resigned his role on the board of directors for Moderna Inc….Slaoui has 155,438 stock options in Moderna. The stake is worth $10,366,000 at Moderna’s current share price, $66.69 at the time of publication…

After news of Slaoui’s holding was published, former presidential candidate Sen. Elizabeth Warren said that Slaoui “must divest immediately.”

I’ll second that emotion.

Moderna has been one of the leading candidates to win the COVID-19 vaccine derby for quite a spell. I have to admit my dinky retirement account had shares of MRNA for a while. If I had the insider connections that Slaoui has I probably never would have sold them. :-] But, then, that’s the kind of creepy stuff that fits Trump like a cheap suit.

One thought on “Trump appoints former director of company researching vaccines to head Federal program to find vaccine! Huh? Wha?

  1. Gangsta Luv says:

    “Prosecutor under fire for court filings benefiting Trump allies Roger Stone and Michael Flynn will become DEA chief, report says” Jonathan Kravis, the federal prosecutor who resigned from the Justice Department because of being overruled by Shea in Stone’s case, wrote in The Washington Post last week that in both Stone’s and Flynn’s cases “the department undercut the work of career employees to protect an ally of the president, an abdication of the commitment to equal justice under the law.” “Prosecutors must make decisions based on facts and law, not on the defendant’s political connections,” Kravis wrote.
    See also “State Department IG fired by Trump was investigating Saudi arms sale that bypassed Congress” The State Department internal watchdog who was fired by President Donald Trump had nearly completed an investigation into Secretary of State Mike Pompeo’s approval of a multibillion-dollar arms sale with Saudi Arabia, NBC News reported Monday. Pompeo confirmed Monday that he asked Trump to fire Linick because his work was “undermining” the department’s mission, but did not elaborate on any specific details.
    The Trump administration in mid-2019 issued an emergency declaration to push through an $8 billion-plus arms deal with the Saudi kingdom and the United Arab Emirates without congressional approval.
    “President Trump’s abrupt decision to remove the inspector general of the State Department constitutes the latest in a string of corrupt efforts to remove public servants who prioritize real oversight and accountability over protecting Trump at all costs.”

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