BAN CONFLICTED TRADING ACT
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.
Ossoff to Intro Bill to Ban Members of Congress and Their Spouses From Trading Stocks
Sen. Jon Ossoff (D-GA) is planning a bill to ban stock trading by federal lawmakers and their spouses, but it faces an uphill battle this year.
Top House Dem Buys Stock in Pharma Companies and Defense Contractors
The Build Back Better Act is in limbo in the U.S. House, with Democratic leaders delaying a vote on the bill on Friday, casting doubt over the fate of provisions added back into the plan that would curb prescription drug costs. In a dramatic late-night decision, Speaker Pelosi allowed a vote on the bipartisan infrastructure […]
Senators Own up to $25 Million in Big Tech Stocks
Senators invested in tech stocks like Amazon, Apple, and Google may soon be voting on antitrust bills that would impact their portfolios.
Top Democrats Own Stock in AT&T, Funder of Far-Right OAN Network
A recent investigation revealed that 90% of the far-right OAN's funding comes from AT&T-owned platforms.
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 Foreign Affairs and Homeland Security Committees.
Congress Won’t Stop Trading Stocks
Researchers studying congressional stock ownership have found that the practice has effects on lobbying activity and potentially on market movements.
Blumenthal’s Spouse Stows Away Cargo Company Stock
As he serves on the subcommittee overseeing ports of entry, Richard Blumenthal’s wife is investing in a cargo security company that says it is the only company that can satisfy the scanning requirements recommended by Congress.