https://www.wsj.com/articles/covid-washington-officials-stocks-trading-markets-stimulus-11666192404

Skip to Main Content
 
SubscribeSign In
Search
SubscribeSign In

This copy is for your personal, non-commercial use only. Distribution
and use of this material are governed by our Subscriber Agreement and
by copyright law. For non-personal use or to order multiple copies,
please contact Dow Jones Reprints at 1-800-843-0008 or visit
www.djreprints.com.

https://www.wsj.com/articles/
covid-washington-officials-stocks-trading-markets-stimulus-11666192404

  * Capital Assets

As Covid Hit, Washington Officials Traded Stocks With Exquisite
Timing

Some sold in January 2020 when the government began mobilizing
against the threat. Others bought shares as a market-rescue plan was
taking shape.

A medical worker attended a hospitalized patient in Wuhan, China,
epicenter of the Covid outbreak, in February 2020.[im-646468]
A medical worker attended a hospitalized patient in Wuhan, China,
epicenter of the Covid outbreak, in February 2020. Photo
Illustration: WSJ; Photo: China Daily via Reuters
By Rebecca Ballhaus
, Joe Palazzolo
, Brody Mullins
, Chad Day
and John West
Oct. 19, 2022 11:17 am ET

Listen to article

(2 minutes)

Federal officials working on the government response to Covid-19 made
well-timed financial trades when the pandemic began--both as the
markets plunged and as they rallied--a Wall Street Journal
investigation found.

In January 2020, the U.S. public was largely unaware of the threat
posed by the virus spreading in China, but health officials were on
high alert and girding for a crisis.

[wsj-logo-b]

Continue reading your article with
a WSJ membership

View Membership Options

Already a member? Sign In

Powered by Dow Jones

  * Customer Center
  * Subscriber Agreement
  * Privacy Notice
  * Cookie Notice
  * Do Not Sell My Personal Information
  * (c) 2022 Dow Jones & Company, Inc. All Rights Reserved.

Copyright (c)2022 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution
and use of this material are governed by our Subscriber Agreement and
by copyright law. For non-personal use or to order multiple copies,
please contact Dow Jones Reprints at 1-800-843-0008 or visit
www.djreprints.com.