Breaking: 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican & Democratic administrations own shares of companies whose fates were directly
by Paul Alexander
affected by their employers’ actions, a Wall Street Journal investigation found; do you now understand when we say the republicans and democrats are the same rats in the same swamp; we are played!
Now, isn’t that special.
More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
The Journal obtained and analyzed more than 31,000 financial-disclosure forms for about 12,000 senior career employees, political staff and presidential appointees. The review spans 2016 through 2021 and includes data on about 850,000 financial assets and more than 315,000 trades reported in stocks, bonds and funds by the officials, their spouses or dependent children.