Sad commentary on both parties.
More than 2,600 federal officials reported stock investments in companies while those companies lobbied their agencies for favorable policies. During both Republican and Democratic administrations from 2016 through 2021, more than one in five senior federal employees across 50 federal agencies reported owning or trading stocks that stood to rise or fall with decisions their agencies made. Further, more than 60 officials at five agencies, including the FTC and the Justice Department, reported trading stock in companies shortly before their departments announced regulatory enforcement actions against those companies. (Wall Street Journal)
More than 2,600 federal officials reported stock investments in companies while those companies lobbied their agencies for favorable policies. During both Republican and Democratic administrations from 2016 through 2021, more than one in five senior federal employees across 50 federal agencies reported owning or trading stocks that stood to rise or fall with decisions their agencies made. Further, more than 60 officials at five agencies, including the FTC and the Justice Department, reported trading stock in companies shortly before their departments announced regulatory enforcement actions against those companies. (Wall Street Journal)
