Congress continues to approve defense budgets beyond what the Pentagon asks for.
this week that 97 members of Congress “bought or sold stocks, bonds, or other financial assets that intersected with their congressional work or reported similar transactions by their spouse or a dependent child” between 2019 and 2021. With more than 3,700 such trades in those three years alone, the investigation reveals potential conflicts of interest in nearly every area of policymaking.
Defense policy is no different. At least 25 members sat on committees that shape national security policy while simultaneously trading financial assets in companies that could create competing interests with their work, such as defense stock. With a near-even party split, Democrats and Republicans may have found a rare instance of common ground.
The majority of these members sat on the House and Senate Armed Services Committees — the committees responsible for theThe list includes the former chair of the Senate Armed Services Committee, James Inhofe , who bought and sold shares of technology companies as they fought over a
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