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.
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Pentagon contractors
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Top Five Weapons Companies Set to Get $140 Billion From Pentagon Next Year
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 Conflicted: Reps Own Stock in Companies While Serving on Committees Overseeing Them
Despite public anger over congressional stock trading, senators and reps have held on to personal investments in companies that fall under their committees' jurisdiction.
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.
Lawmakers Benefit From Booming Defense Stocks
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.