Lawmakers Benefit From Booming Defense Stocks
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
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Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
The late disclosure raises ethical questions for transparency advocates.
Nancy and Paul Pelosi's estimated net worth jumped by 16.2 percent in 2020 from the prior year, a sharper rise than the couple enjoyed in all but one other year over the past decade.
Active stock traders Zoe Lofgren and Gary Peters chair the committees where bills banning congressional stock trades are being left to die.
So far this year, Paul Pelosi has purchased stock in companies including Tesla, Walt Disney, Apple, Facebook, and Amazon.
The climate czar sold his fossil fuel stocks on March 11, collecting as much as $825,000 from them.
Paul Pelosi would have to give up his stock trading if bipartisan bills on blind trusts were allowed to advance.
Senator and reps would no longer be able to bury their financial details on hand-written and poorly scanned paper filings.
Rep. Joe Kennedy said this week that his family trusts had divested from oil and gas company stocks, though one of the funds recently bought stock in Berkshire Hathaway, a conglomerate which owns natural gas and coal companies.
Billionaire Education Secretary Betsy DeVos sold up to $5 million in securities through an offshore fund that appears in the Paradise Papers.