• Republican Senator Richard Shelby Credit: AP/J. Scott Applewhite

    51 US senators and their spouses have up to $96 million invested in corporate stocks, according to an analysis by Sludge and the Guardian, raising conflict of interest concerns.

  • Sen. Richard Shelby, Sen. Shelley Moore Capito, and Sen. Jacky Rosen own significant amounts of stock in companies they oversee.
  • Together, 10 members of the Senate banking committee hold up to $8 million worth of stock in finance, securities, and real estate companies.

Fifty-one US senators and their spouses have up to $96 million invested in corporate stocks, raising conflict of interest concerns because many of them could pass laws that help those businesses and thus enrich themselves. (emphasis added)

An analysis by Sludge and the Guardian — a deep dive you can check out here — looked at the senators’ disclosed stakes totaling $28 million to $96 million across finance, defense, health, communications and electronics, and energy and natural resources companies.

Members of Congress aren’t legally barred from owning stock in companies they oversee, but having […]

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