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Story summary
- Senators allege FAA Administrator Bryan Bedford retained Republic Airways shares, earning more than $25 million beyond his October 7 divestiture deadline.
- Three Democratic U.S. senators asked the Office of Inspector General to investigate whether Bedford violated his ethics agreement.
- Bedford completed the stock divestiture in February, after the October 7 deadline, and reported owning Republic Airways stock worth $6 million to $30 million.
- The Federal Aviation Administration said it will respond to the senators’ inquiry.
