At Least 37 US Lawmakers Traded Up to $113 Million in Arms Stocks This Year

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Bill Clark / CQ-Roll Call, Inc via Getty Imagesshows that these lawmakers traded between $24 million and $113 million worth of Pentagon contractor stocks this year .

Pelosi had the most profitable 2024 of any lawmaker, netting an estimated $38.6 million from all stock trading activity, according to Quiver Quantitative. At number six, Rep. Jonathon Jackson traded between $80,003 and $200,000 worth of Pentagon contractor stock, including snapping up as much as $50,000 worth of General Dynamics stock while sitting on the House Foreign Affairs Committee.

If Congress wants to wash itself of conflicts of interest it can start by passing a stock trading ban. The Ending Trading and Holdings in Congressional Stocks Act, or ETHICS Act, would prohibit Members of Congress from trading individual stocks. “Lawmakers like me, we’re kind of like umpires in a baseball game, we call balls and strikes. And you definitely don’t let umpires bet on the outcome of the game,” said Sen. Jon Ossoff , whothe bill alongside three other Senators.

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Analysis Shows US Lawmakers Traded Up to $113 Million in Arms Stocks This YearBrett Wilkins is a staff writer for Common Dreams.
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