General Electric Gets Billions in Defense Contracts While Reps Hold Its Stock
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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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.
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
Top defense contractors have quietly restarted their PAC donations after a pause, including to Republican election objectors.
As the F-35 fighter comes under Pentagon review for potential cuts, bipartisan groups of lawmakers are calling to continue high levels of spending on the troubled $1.7 trillion program.
Over 50 members of Congress are calling on President Biden to "significantly" cut military spending in next year's budget and invest in pandemic recovery and priorities like health care.