Representative Marjorie Taylor Greene bought as much as $15,000 worth of Lockheed Martin stock on February 22, two days before Russia invaded Ukraine. And she proudly exclaimed on Twitter that “war is big business to our leaders.”
And she’s not alone — at least 19 members of Congress and their spouses have recently traded in weapons contractor stocks. The same thing happened with pharmaceutical stocks during the pandemic, too.
Elected public servants and their spouses are potentially using privileged information they receive from the job to profit in the stock market.
This is outright unethical — and morally bankrupt. Right now, Senators Elizabeth Warren (D-MA) and Steve Daines (R-MT) and Representatives Pramila Jayapal (D-WA-7) and Matt Rosendale (R-MT-at large) are leading legislation to ban stock ownership by members of Congress.
There’s bipartisan momentum building in Congress right now — and with enough pressure from grassroots activists like you, we can push it over the finish line.