Members of Congress Bought Defense Stocks, Then Watched Them Rise as the Bombs Dropped
Here are the lawmakers who have purchased stocks in defense contractors like Lockheed Martin, Boeing, and RTX since President Trump's election win.
Operation Midnight Hammer, the Trump administration’s unauthorized military strike against nuclear sites in Iran, involved hundreds of U.S. aircraft made by Northrop Grumman and others, more than a dozen Boeing-made “massive ordnance penetrator” bombs, RTX-manufactured Tomahawk missiles fired from a General Dynamics submarine, and Boeing-made aerial refueling tankers. The strike came just weeks after the Trump administration requested a Pentagon budget exceeding $1 trillion for the first time.
Since President Trump’s win on Election Day, at least 19 members of the U.S. House and Senate have reported household purchases of stock in the companies involved in the Iran strikes and other military contractors listed in the Top 100 of defense revenue by Defense News, according to a Sludge review of disclosures compiled by Capitol Trades. As of their most recent filings, all but one of these lawmakers still hold the defense stocks they acquired after the election. Dozens more members of Congress already owned stock in defense companies, according to a Sludge analysis conducted last year.
Shares of defense giants like Northrop Grumman and Lockheed Martin ticked up in value on Friday, June 13, the trading day after Israel launched its own strike on Iran, targeting nuclear enrichment facilities. Many of the lawmakers’ trades came in the months leading up to the Iran strikes, as tensions in the region fueled investor interest in the defense sector.
Yesterday, House Speaker Mike Johnson (R-La.) threw cold water on a War Powers Resolution—with up to 60 House co-sponsors—that would push for explicit congressional approval of U.S. military involvement in Iran, saying he does not think the measure should be brought to the floor for a vote.
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I'm shocked the number of congress critters invested in defense is as low as 50. How come the list of their names isn't simply printed in the story? And neither of the links provide it either. One showed me that MTG just sold a modest amount of her Lululemon stock.
Look, I already am ready to believe that the system is rigged to benefit a satanic cabal of war profiteers. Can we at least see the unsmudged receipts, please?
You see WAR is the biggest business always has been , guess who is financing it ? while all the selected officials who were placed profit from it This is why it never stops . ALL political officials who profited from this should immediately be charged with treason and crimes against humanity and get the death penalty . That is how you stop it and immediate proper use of military to arrest all BANKERS and family lines involved in endless war against ALL LIFE . Otherwise they will continue until we all go extinct.