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Rand Paul discloses wife's investment in remdesivir parent company — 16 months later

Sen. Rand Paul (R-Ky.) on Wednesday filed documents showing that his wife invested in Gilead Sciences, which makes antiviral drugs, shortly before COVID-19 was classified a pandemic, per the Washington Post.

Why it matters: Paul, who has repeatedly downplayed the severity of COVID-19, missed the filing deadline for such disclosures by 16 months, saying he did not know about the investment at the time.


Driving the news: Paul filed documents with the Senate on Wednesday showing that his wife, Kelley Paul, had bought stock in Gilead, which manufactures remdesivir, on Feb. 26, 2020.

  • Per the Stop Trading on Congressional Knowledge (STOCK) Act, an anti-insider trading law, Paul faced a deadline of 45 days after the time of purchase.
  • A spokesperson for Paul said the senator only recently learned about his wife's stock purchase and filed a supplemental report about it along with his annual disclosure.
  • Kelley Paul lost money on the investment, the spokesperson added, per the Post.

Go deeper:YouTube suspends Rand Paul for one week over mask effectiveness claims

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Biden: U.S. military mission in Afghanistan will end Aug. 31

The United States' military mission in Afghanistan will conclude on Aug. 31, President Biden announced Thursday during an update on the withdrawal from Afghanistan amid increasing instability and violence in the country.

Why it matters: Biden said his administration will start finding and transporting Afghan nationals who helped U.S. forces during the Afghanistan War to host countries while they wait for U.S. visas this month.

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Affirmative action on college campuses is endangered

Data: National Center for Education Statistics; Chart: Connor Rothschild/Axios

Affirmative action, which for 60 years has increased the number of students of color at American universities, is on the chopping block. A case accusing Harvard of discriminating against Asian applicants has made it to the Supreme Court, and the court could elect to get rid of the 60-year-old policy.

Why it matters: While that's an unlikely outcome, it could push colleges to come up with better ways of promoting diversity on campus rather than just looking at race, says Mitchell Chang, an education professor at UCLA.

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