Lawmakers owning defense stocks: How corrupt is that?

Lawmakers owning defense stocks: How corrupt is that?

Should the people who craft the Pentagon’s budget be allowed to own stocks in the very same companies whose profits are determined by Pentagon contracts?Obviously not — this is an enormous conflict of interest! But that’s exactly how things work in Congress today. In 2024, 50 members of Congress traded between $24 million and $113 million worth of Pentagon contractor stocks on the side, while at work they were writing the military budgets that d…