Congressional Conflicts: Lawmakers dump Tylenol stock before autism controversy
(The Center Square) — Before President Trump warned pregnant women to avoid taking Tylenol, three members of Congress dumped stock in the Fortune 500 company that makes the popular painkiller -- sell-offs that saved them from incurring sizable losses, an investigation by The Center Square found. The lawmakers sold $1,001 to $15,000 each in Kenvue Inc., a Summit, New Jersey-based consumer products company that spun off from Johnson & Johnson two years ago. The sales are notable also because most investment analysts recommended that investors hold their shares.
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Show Notes
(The Center Square) — Before President Trump warned pregnant women to avoid taking Tylenol, three members of Congress dumped stock in the Fortune 500 company that makes the popular painkiller -- sell-offs that saved them from incurring sizable losses, an investigation by The Center Square found. The lawmakers sold $1,001 to $15,000 each in Kenvue Inc., a Summit, New Jersey-based consumer products company that spun off from Johnson & Johnson two years ago. The sales are notable also because most investment analysts recommended that investors hold their shares.
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