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Brick House Cooperative

General Electric Gets Billions in Defense Contracts While Reps Hold Its Stock

By David Moore,

Published on Aug 26, 2021   —   1 min read

CongressDefenseDepartment of DefenseenvironmentGeneral ElectricInvestmentsPentagon budgetPentagon contractors
A U.S. Air Force Senior Airman inspects an active General Electric F110-GE-129 engine at Shaw Air Force Base in South Carolina, May 2019.

Summary

Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the House Armed Services Committee that sets defense funding levels.

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David Moore

Co-founder, Sludge

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