While Alaskans are crushed by the cost of living crisis created by Dan Sullivan, Sullivan has tripled his personal wealth in the U.S. Senate – reporting up to $2 million in stock trades and outperforming the stock market by about double. Alaska is uniquely vulnerable to the pain of higher costs, with groceries 20% more expensive than the rest of the country and fuel hitting $25 a gallon in some rural parts of the state.
“Dan’s been in DC for 12 years and gotten richer every single one of those years. That’s the corruption that Alaskans are really sick of, and that’s the corruption that I’ll fight against. Dan went to DC with $3 million. He now has $8 million. Dan’s doing just fine watching out for himself,” said lifelong Alaskan and former commercial fishing permit holder Mary Peltola.
FACT: Dan Sullivan owns up to $5 million in RPM International, his family’s multi-billion dollar multinational chemical company.
FACT: Since 2015, Sullivan has earned up to $550,000 from his holdings and has “repeatedly voted to advance the interests” of RPM, which has continued to rake in millions of dollars in government contracts during his tenure in the United States Senate despite settling with the Department of Justice for “allegedly defrauding the federal government.”
FACT: Sullivan has “been rewarded for the company’s financial success” after RPM International raised costs on customers to respond to Sullivan’s tariffs. Sullivan has repeatedly backed the tariffs that are inflicting financial pain in Alaska.
FACT: Dan Sullivan has “quietly backed efforts to rollback protections against forever chemicals,” which is particularly notable given that RPM International has faced legal challenges over its use of cancer-causing per- and polyfluoroalkyl substances, known as PFAS.
FACT: In addition to voting to advance the interests of his largest investment, Sullivan was also caught breaking ethics and transparency laws when he failed to disclose stock trades in Mowi, the world’s largest farmed salmon company, a direct competitor to Alaska’s fishing industry.
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