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After the November election, Perdue called for the resignation of Georgia's top elections official and claimed without evidence that there were unspecified "failures" in the election.[4] He later supported a lawsuit by Trump allies seeking to overturn the election results.[5]
Perdue was linked to the 2020 Congressional insider trading scandal for allegations of STOCK Act violations. The allegations arose after he sold stocks before the 2020 stock market crash using knowledge speculated to be from a closed Senate meeting.
Perdue become the CEO of PillowTex, a North Carolina textile company.The company had recently emerged from bankruptcy with a heavy debt load and an underfunded pension liability. He left the company in 2003 after nine months on the job and $1.7 million in compensation.
An internal auditor noted that Perdue's long absences from its North Carolina Headquarters was "terrible for morale. We felt he'd given up."[27] Pillowtex closed several months later, leaving 7,650 workers out of work nationwide.
From 2010 to 2014, Perdue served on the board of directors of the data marketing allowed to retain Cardlytics shares until 2020 or 2022. When Cardlytics became publicly owned, Perdue profited $6 million.
. An executive compensation expert told the Atlanta Journal-Constitution that the arrangement was "unusual and very generous", as former employees typically are allowed to retain shares for less than a year.
Perdue said, "We should pray for Barack Obama. But I think we need to be very specific about how we pray. We should pray like Psalms 109:8 says. It says, 'Let his days be few, and let another have his office'".
Barry's not my guy but don't want him dead
Barry's not my guy but don't want him dead
Perdue's opponents targeted his business specifically for outsourcing work offshore. He said he was "proud of" finding lower-cost labor. Critics noted that he had contributed to a total of thousands of jobs lost
The overlap between Perdue's role as a Director of the Georgia Ports Authority from 2010 to 2013 and his founding with his cousin Sonny Perdue of Perdue Partners, which acquired in 2012 a global logistics firm that provided transloading services at the Georgia ports.
Perdue's campaign paid a $30,000 fine due to violations in fundraising reports from the 2014 election. The penalty came after an FEC auditor found the 2014 campaign received at least $117,000 in prohibited contributions and more than $325,000 that exceeded legal limits
Perdue visited Georgia Tech campus to campaign. Georgia Tech student approached Perdue and asked him a question about voter suppression. Perdue snatched away the student's phone, which was recording the exchange.[44][45] The student filed civil suit, alleging unlawful battery.
Perdue became Georgia's senior senator after Johnny Isakson resigned on December 31, 2019.
Ran unopposed?
Ran unopposed?
With a net worth of $15.8 million, Perdue is one of the wealthiest members of the Senate.
Thought it was Kelly
Thought it was Kelly
In 2019, Perdue wrote Treasury Secretary Steven Mnuchin expressing concern that owners of professional sports teams could not take advantage of certain tax breaks. Sports team owners and their family members have donated over $425,000 to Perdue's political campaigns.
In 2019, Perdue sold his Washington house for $1.9 million to a governor of the Financial Industry Regulatory Authority, which the Senate Banking Committee that Perdue sits on oversees and FINRA lobbies. The sale was at or slightly above market price
Since Perdue took office, he has been the Senate's most prolific trader of stocks, funds or shares, making almost one third of all trades among members, roughly equivalent to the combined sum of trades conducted by the second- to sixth-most active traders in the Senate.
Many trades are in companies with interests in the committees Perdue sits on, including banks, cybersecurity firms, and defense firms.[5
For example, as part of the Senate Banking Committee, he regularly traded in stock of the Regions Financial bank in 2017 and early 2018.
January and February 2016, Perdue invested in Halyard stocks shortly before and after the Senate first held a hearing on the opioid epidemic in the United States. Halyard sold medical devices that could assist in providing alternatives to opioids.
In December 2017, Perdue voted for the Tax Cuts and Jobs Act. He voted for the 2017 budget, which could add as much as $1.5 trillion to deficits over
