Gil Cisneros dumps stock after COVID briefing

Gil Cisneros did not respond to requests for comment on the California Globe’s story showing Cisneros made 219 stock trades worth up to $6.7 million following a House briefing on the coronavirus pandemic in late January. 

Between late January and April 2020, Cisneros: 

• Sold between $18,018-$270,000 worth of stock between February 18, 2020 and March 10, 2020
• Made 219 transactions that were valued between $1,940,219 – $6,775,000 from March 23, 2020 -April 6, 2020

This isn’t the first time Cisneros’ investments have been scrutinized. It was also reported that Cisneros has hundreds of thousands invested in big pharmaceutical companies, after claiming he wants to lower drug prices. 

NRCC Comment: “Gil Cisneros is profiting while his constituents are suffering during the coronavirus pandemic.” – NRCC Spokeswoman Torunn Sinclair