IOWA 03 (R -- YOUNG) | IA-3

State GOP Points to Axne Investments as Proof of Hypocrisy on Environment

The Democrat said she was unaware she owned stock, now sold, in several polluting companies because a firm manages her investments.

Add to Briefcase
Drew Gerber
Sept. 12, 2018, 10:12 a.m.

"Iowa and national Republicans claim" businesswoman Cindy Axne's (D) "personal investments belie the environmentalist she claims to be. Axne's campaign said the stocks in her portfolio were selected by her broker and that she's already gotten rid of them." The state GOP cited investments Axne held in Barrick Gold, Agnico Eagle Mines Ltd., and Goldcorp, all of which have been "accused of causing toxic pollution in foreign countries." Records show that the Iowa Public Employees' Retirement System has also invested more than $9 million in several of the companies highlighted by the state party.

GOP spokesman Jesse Dougherty: "Axne needs to come clean on her dirty record on the environment. She owes that both to Iowans and to the outside groups she's hoodwinked into supporting her campaign." However, this message was "undercut" on Tuesday by an ad from the Congressional Leadership Fund seeking to tie Axne to "radical environmentalists."

"Democrats and a national conservation group counter that" Rep. David Young (R) "is no friend of the environment. They contend he's a pawn of the oil industry. Republicans say those allegations aren't true, pointing to his work to support water quality and clean energy." (Des Moines Register)


Welcome to National Journal!

You are currently accessing National Journal from IP access. Please login to access this feature. If you have any questions, please contact your Dedicated Advisor.