'Obvious Conflict of Interest': Report Reveals 50+ US Lawmakers Hold Military Stocks

  • 📰 commondreams
  • ⏱ Reading Time:
  • 20 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 51%

Arms Trade News

Boeing,General Electric,Honeywell

Brett Wilkins is a staff writer for Common Dreams.

At least 50 U.S. lawmakers or members of their households are financially invested in companies that make military weapons and equipment—even as these firms 'receive hundreds of billions of dollars annually from congressionally-crafted Pentagon appropriations legislation,' a report published Thursday revealed.

'Whether or not the official action is taken for actual self-enrichment purposes is beside the point. There is at least an appearance of self-enrichment and that appearance is just as damaging to the integrity of Congress,' Holman added. 'This type of conflict of interest is already banned for executive branch officials and so should be for Congress as well.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 530. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines