FAA Administrator Bedford in Violation of Ethics Agreement, Potentially Holds Millions in Republic Airways Stock Months After Confirmation, Committee
U.S. Senator Maria Cantwell (D-Wash.), Ranking Member of the Committee on Commerce, Science and Transportation, demanded answers from Bryan Bedford, Administrator of the Federal Aviation Administration (FAA), on his failure to divest potentially millions of dollars in Republic Airways holdings within 90 days of his confirmation, a clear violation of his ethics agreement. According to his financial disclosure, at the time of his nomination, Administrator Bedford reported holding stock in Republic worth between $6 million and $30 million.