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Northam owns stocks in Dominion, other companies with extensive interests in Virginia

October 18, 2017 10:45 PM
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As a state senator, Ralph Northam began expanding his financial portfolio to include stock in companies that do extensive business in Virginia. In early 2013, he reported owning between $10,000 and $50,000 of stock in Dominion Energy, Virginia’s largest utility and the top corporate donor to local campaigns.

Later that year, Northam voted on eight Senate bills Dominion lobbied on. As lieutenant governor in 2015, he praised legislation that suspended audits of Dominion by state regulators, a measure denounced by consumer advocates but touted on Wall Street as a boon to shareholders.

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