Senators Blast FAA Chief for Failure to Divest Airline Stock

Senate Democrats on the committee that oversees the US Federal Aviation Administration grilled the agency’s leader Wednesday for failing to divest stock in the airline he ran before joining President Donald Trump’s administration.

FAA Administrator Bryan Bedford has confirmed that he still holds shares in Republic Airways Holdings Inc., which he led for more than 25 years before joining the regulator. Under his ethics agreement for the role, he agreed to liquidate his holdings no later than 90 days from the date of his confirmation — a deadline that passed in October.