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The Guardian - US
The Guardian - US
Business
Nina Lakhani and Joseph Gedeon

US senator calls for insider trading inquiry over Trump donors buying $12m worth of shares

An image of two men.
Michael Sabel and Robert Pender, the founders of Venture Global, an LNG company based in Virginia. Photograph: Getty Images

A senior Democratic senator is calling for an investigation into potential insider trading by fossil-fuel billionaires close to the Trump administration, after a Guardian investigation raised questions about an unusual share buying spree.

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, just days after meeting with senior Trump officials in March.

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