BAN CONFLICTED TRADING ACT

The Conflicted: Reps Own Stock in Companies While Serving on Committees Overseeing Them

by

Despite public anger over congressional stock trading, senators and reps have held on to personal investments in companies that fall under their committees' jurisdiction.

From Sludge
On September 6, 2022
Categories

Ossoff to Intro Bill to Ban Members of Congress and Their Spouses From Trading Stocks

by

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.

From Sludge
On January 11, 2022
Categories

Top House Dem Buys Stock in Pharma Companies and Defense Contractors

by

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 […]

From Sludge
On November 9, 2021
Categories

Senators Own up to $25 Million in Big Tech Stocks

by

Senators invested in tech stocks like Amazon, Apple, and Google may soon be voting on antitrust bills that would impact their portfolios.

From Sludge
On October 26, 2021
Categories

Top Democrats Own Stock in AT&T, Funder of Far-Right OAN Network

by

A recent investigation revealed that 90% of the far-right OAN's funding comes from AT&T-owned platforms.

From Sludge
On October 12, 2021
Categories

General Electric Gets Billions in Defense Contracts While Reps Hold Its Stock

by

Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the Foreign Affairs and Homeland Security Committees.

From Sludge
On August 25, 2021
Categories

Congress Won’t Stop Trading Stocks

by

Researchers studying congressional stock ownership have found that the practice has effects on lobbying activity and potentially on market movements.

From Sludge
On July 27, 2021
Categories

Blumenthal’s Spouse Stows Away Cargo Company Stock

by

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.

From Sludge
On March 16, 2021
Categories