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Top Democrats call for investigation into share-buying spree by Trump allies

todayDecember 13, 2025

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Fossil fuel execs Robert Pender and Michael Sabel deny wrongdoing after report on potential conflict of interest

Two more senior Democrats have called for an investigation into a share-buying spree by two fossil fuel billionaires with close ties to the Trump administration, after a Guardian investigation raised questions about potential wrongdoing.

Robert Pender and Michael Sabel, the founders and co-chairs of Venture Global, a liquefied natural gas (LNG) company headquartered in Virginia, bought more than a million shares worth almost $12m each in March. The trades took place just days after a meeting with senior White House officials, who then issued a key regulatory permit that helped expand the company’s business in Europe.

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Source: www.theguardian.com

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Written by: truelightfm

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