GOP Stock Trading Bill Leaves Glaring Conflicts Untouched
Senators and reps could continue to hold stock in companies they oversee on their committees under a GOP leadership-backed stock bill that is being fast-tracked through the House.
Senators and reps could continue to hold stock in companies they oversee on their committees under a GOP leadership-backed stock bill that is being fast-tracked through the House.
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
Republican lawmakers who wrote bills that were wrapped into the H.R. 1 energy package own stock in Marathon Oil, Chevron, and family-held oil and gas drilling operations.
While Congress considered infrastructure and climate legislation last year, reps kept up a stream of trades in oil and gas pipeline company stocks.
Many Hill lobbyists opted not to follow their employers' PAC policy and donated to the 147 Republican election objectors in Congress.