In 2020, 75 lawmakers held stocks in vaccine producers Moderna, Johnson & Johnson, or Pfizer. Many of these trades happened in the early weeks of the pandemic when the public was desperate for information about the virus and its potential treatments. Meanwhile, 15 lawmakers who have a hand in molding defense policy invest in military contractors, and over a dozen members in key roles shaping energy policy invest in fossil fuel corporations.
This pattern of lawmakers investing in industries that they have the power to regulate raises serious concerns about potential conflicts of interest.
We must ensure lawmakers are not making decisions based on their own financial interests, but rather on what is best for the American people.
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