IndianaNews

U.S. Senator Joe Donnelly is selling stock in family business that outsources to Mexico

INDIANAPOLIS (AP) – An Indiana senator who is a longtime critic of outsourcing jobs to foreign countries says he’s finalizing his sale of stock in a family arts and crafts business that operates a factory in Mexico.

Sen. Joe Donnelly, considered one of the most vulnerable Democrats up for re-election in a deep-red state next year, vowed on July 14 to sell stock worth as much as $50,000 in the Stewart Superior Corp. The promise came after the Associated Press first reported that the company, which is operated by Donnelly’s brother and has been in his family for generations, benefits from the same trade practices Donnelly has blasted throughout his political career.

The Donnelly campaign said in an email Monday night that the senator signed over his stock in the company on Aug. 11 for $17,410 and plans to donate the proceeds to 10 charities across Indiana.

Donnelly has yet to file a mandatory financial disclosure documenting the sale, which Senate ethics rules require him to file within 30 days of receiving notification of the transaction. His campaign says that he is still waiting to receive payment.

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2 comments

Not buying it August 30, 2017 at 12:00 pm

NY Joe, trying to throw out a smoke screen and convince IN that he’s not just another NY liberal and safe vote for Chuck Schumer, like he was a safe vote for Nancy Pelosi before.

He voted for Obamacare every time it came up, he voted for Obama’s Iran Nuclear deal…he’s as left as you can get and still hoodwink enough Hoosiers to vote for him. Go back to NY Joe, or go run that plant in Mexico.

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Joe's go to GO! August 30, 2017 at 12:20 pm

Funny that he only is getting out of this company AFTER it was discovered he was in it. No moral values. Only democrat values and we all know what that means…”Do as I say and not as I do because I do anything I can to make a buck at any cost to anyone”. “Oh, I also talk out of both sides of my mouth so be sure to be on the side that is saying what you want to hear”.

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