Here Are the Members of Congress Invested in War
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
The bill would ban members of Congress from trading in weapons companies like Lockheed Martin and Raytheon, as well as in Amazon, Pfizer and thousands more Department of Defense contractors.
A Sludge analysis estimates that more than half of the fiscal year 2024 Pentagon budget will go to private contractors, with the five largest companies raking in one-sixth of all military spending.
The Texas Democrat has taken hundreds of thousands from defense companies with histories of ripping off taxpayers.
Khanna's most recent financial transaction filing shows January trades in Phillips 66, General Dynamics, and more.
House Budget Chair John Yarmuth is a frequent stock trader who recently purchased shares in companies that are lobbying against the Democrats' budget plan.
The top Fortune 500 donors this year to House GOP election objectors are weapons companies whose revenue comes overwhelmingly from defense contracts.
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
Luria was recently elected vice chair of the House Armed Services Committee after taking contributions from the PACs of several defense contractors to pay off her reelection campaign's debt.
Jack Reed’s campaigns and leadership PAC have taken $362,400 from four defense contractors that have sold 90% of the American weapons bought by Saudi Arabia. Now he has a key role in negotiations around banning the companies’ Saudi sales.