Corruption in Congress: They own stocks in companies that profit from the wars they support.

Voters hate corruption.  Congress keeps allowing itself to be corrupted in a few ways, including:

– Allowing big businesses to donate to their campaigns and thereby pressure Congress members to do what their major donors have paid them to do

– Owning, buying, and selling stock in businesses.  Congress makes decisions that can enrich the companies that they own.

Nowadays a big problem is the fact that some members of Congress own stocks in companies that make military weapons, so those members of Congress get even more rich by passing bigger and bigger military budgets — and supporting more wars — that make themselves even more rich.

This information recently came from Inequality Media Civic Action (

Members of Congress have at least 108 investments in 16 major defense contractors, including all of the top 10 companies by defense revenue.[1] In fact, at least 47 members of Congress and their spouses own up to $6.7 million worth of defense contractor stocks — stocks that see massive returns during wartime.

Take Rep. Marjorie Taylor Greene, for example.[2] On February 22, she bought defense and energy stocks. On February 23, she publicly complained about war profiteering. On February 24, Russia invaded Ukraine. There is hardly a more compelling case for the need to ban members of Congress from trading defense industry stocks.

Members of Congress know about military action before everyone else, and they can make a lot of money when they trade on that knowledge.

Lawmakers shouldn’t be allowed to exploit wars to make money in the stock market. There’s only one foolproof way to stop it: Ban members of Congress from trading defense contractor stocks now.


A Business Insider report[3] shows the laws meant to limit Congressional insider trading aren’t doing enough. One in ten members of Congress have violated the Stop Trading on Congressional Knowledge Act — proving measly fines are no deterrent.

Right-wing news outlets also agree that members of Congress shouldn’t be able to make money off the wars they greenlight, and the defense contractors they fund.

The right-leaning NYPost criticized James Inhofe when he bought over $50,000 of Raytheon stock days after a Senate meeting about increasing the military budget.[4] And even voters on the Trump fansite have expressed support for stopping war profiteering by Congress.[5]

We can’t let politicians keep making money off wars they fund with our taxpayer dollars.

Join me in demanding a total and complete ban on all defense stock trading by members of Congress by adding your name now.

It’s time to stop Members of Congress from making money off wars, and exploiting their positions of power to enrich their bottom lines.

Thank you for joining me in this important call to action.

Robert Reich
Inequality Media Civic Action



Real bipartisan momentum is building around this issue, but we must pressure Congress to act. If you’re ready to stop this blatantly corrupt practice, send a message to your representative and let them know it’s time to ban all members of Congress and their families from profiting through ownership of individual stocks.

Send a message »

There are multiple bills under consideration right now in Congress that would ban Congress and their families from owning and trading stocks, including H.R.1579 / S.564 (The Ban Conflicted Trading Act) and H.R.6678 / S.3631 (The Bipartisan Ban on Congressional Stock Ownership Act of 2022).





About GlenAnderson 1515 Articles
Since the late 1960s Glen Anderson has devoted his life to working as a volunteer for peace, nonviolence, social justice, and progressive political issues. He has worked through many existing organizations and started several. Over the years he has worked especially for such wide-ranging goals as making peace with Vietnam, eliminating nuclear weapons, converting from a military economy to a peacetime economy, abolishing the death penalty, promoting nonviolence at all levels throughout society, and helping people organize and strategize for grassroots movements to solve many kinds of problems. He writes, speaks, and conducts training workshops on a wide variety of topics. Since 1987 he has produced and hosted a one-hour cable TV interview program on many kinds of issues. Since 2017 he has blogged at He lives in Lacey near Olympia WA. You can reach him at (360) 491-9093