FAA Administrator Bryan Bedford Refused To Divest Stock Required By Ethics Agreement Three U.S. senators have asked the Transportation Department ‘s General Counsel Gregory Zerzan in a letter if FAA Administrator Bryan Bedford’s refusal to divest his shares in Republic Airways violates his ethics agreement. The letter said that Bedford “may receive a windfall totaling millions of dollars by holding onto his Republic shares months past his deadline to divest.” The senators say the ethics agreement required Bedford to divest his shares in Republic Airways, but instead Bedford waited until Republic Airways completed a merger with Mesa Air Group, which appears to have increased the value of his holdings.
