stocks

Top House Dem Buys Stock in Pharma Companies and Defense Contractors

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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
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Senators Own up to $25 Million in Big Tech Stocks

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

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

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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
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The Roadblocks to Banning Congress From Trading Stocks

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It’s no shock that most members of Congress, over half of whom are millionaires, don’t want to stop themselves and their spouses from being allowed to trade corporate stocks and derivatives while they hold public office. Just 8 percent of the House and 3 percent of the Senate are co-sponsoring bills to ban congressional stock […]

From Sludge
On August 12, 2021
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Congress Won’t Stop Trading Stocks

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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
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