WASHINGTON — Rep. Cleo Fields bought thousands of dollars' worth of Oracle stock in the days before the Trump administration announced that the company would be playing a role in the pending U.S. spinoff of TikTok from Chinese company ByteDance.
According to a congressional financial disclosure document, Fields, a Democrat, bought between $80,000 and $200,000 worth of Oracle shares across three different trades on Sept. 17, 18 and 23. The full report can be read here.
The news of Oracle's involvement with the TikTok deal was reported on Sept. 22, before Donald Trump signed an executive order on Sept. 25 announcing the plan to have a coalition of various American tech companies, including Oracle, which was founded by Trump ally Larry Ellison. The U.S. collective would hold a majority s