INV-011 · Money & ethics · Conflicts of interest
FAA chief kept airline stock past ethics deadline
Stage 3 of 5: Official review · IG, ethics office or majority · Last development Apr 2026
FAA Administrator Bryan Bedford, former CEO of Republic Airways, pledged to sell his Republic stock within 90 days of confirmation. The Office of Government Ethics found he failed to comply on time. He sold $5–26 million of stock in February 2026.
- People
- Bryan Bedford, Republic Airways
- Agencies
- Transportation Dept (FAA)
- Reviewed by
- Office of Government Ethics, Senate Commerce (minority)
Timeline
Sen. Cantwell demands a full accounting. [1]
Bedford sells $5M to $26M in Republic stock, disclosed in April. [1]
OGE tells Sen. Cruz that Bedford "has failed to timely comply with certain terms of the ethics agreement." [1]
Divestment deadline passes. OGE had rejected his request for a 60-day extension. [1]
Senate confirms Bedford. His ethics agreement requires divesting within 90 days. [1]
Responses
- FAA: Did not answer questions. [1]
Who is acting on it
- Review Office of Government Ethics: Found Bedford had not met his ethics agreement (8 Dec 2025, What happened next)
- Letter Sen. Maria Cantwell (D-WA): Demanded a full accounting from Bedford (Apr 2026, No reply or result recorded yet)
Sources
Cite this case
Public Trust Tracker. "FAA chief kept airline stock past ethics deadline" (INV-011). Last updated Apr 2026. https://publictrusttracker.org/case/inv-011-faa-chief-kept-airline-stock-past-ethics-deadline/
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