MAGA Rep. Greg Steube’s spouse bought stock last month in a quantum computing company whose share price boomed when it reached a technical milestone and was awarded a defense contract.
Public pension funds from California to New York hold a combined billions of dollars in Palantir stock, while teachers and other public employees protest their retirement savings funding the tech powering ICE operations.
House Republican Conference chairwoman Lisa McClain disclosed the purchase made just days before the Pentagon announced a major integration with xAI.
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.
Some Republicans in a bipartisan group of House lawmakers have given the speaker until the end of the month to bring a new unified bill to the floor, or they vow to force a vote.
The congressman's office tells Sludge the defense contractor stocks were bought by an independent manager and that he will no longer be buying individual corporate stocks.
Here are 13 senators and representatives whose stock portfolios raise conflict-of-interest questions.
Michigan Democrat Shri Thanedar is just the latest of dozens of lawmakers to violate the STOCK Act’s disclosure requirement.
The Louisiana Democrat bought stock this summer in a major Ethereum treasury company as well as tech firms venturing into stablecoins.
In a contentious hearing, a Senate committee narrowly voted to advance a bill that would ban lawmakers from trading or owning stocks, digital assets, and other investments.
