By David Shepardson
WASHINGTON, Dec 10 (Reuters) – The top Democrat on the Senate Commerce Committee said on Wednesday that the head of the Federal Aviation Administration failed to divest his holdings in Republic Airways in violation of his ethics agreement.
U.S. Senator Maria Cantwell of Washington said FAA Administrator Bryan Bedford, who previously served as CEO of Republic Airways, had agreed to divest his holdings within 90 days of confirmation. At the time of his confirmation, Bedford reported holding stock in Republic worth between $6 million and $30 million.
“It appears you continue to retain significant equity in this conflicting asset months past the deadline set to fully divest from Republic, which constitutes a clear violation of your ethics agreement. This is unacceptab

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