Members of Congress Own Millions in Facebook Stock While Weighing New Tech Laws
Here are the senators and representatives who hold stock in Facebook.
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Here are the senators and representatives who hold stock in Facebook.
The senator's $FB shares are worth as much as $500,000.
So far this year, Paul Pelosi has purchased stock in companies including Tesla, Walt Disney, Apple, Facebook, and Amazon.
Last week, the House Judiciary Committee approved a sweeping package of antitrust bills, one overcoming opposition from Democrats hailing from tech industry-heavy California.
The campaign has also had advisers sign non-disclosure agreements, and in at least one case attempted to lock someone up with a non-compete agreement.
As Big Tech has worked to establish its hard and soft power throughout Washington, this week's regulatory hearings showed signs that lawmakers' understanding of Silicon Valley's influence may be catching up.
Saving a broken press from monopolies run amok is going to take more than just generalities.