Senator James Inhofe purchased stock in defense contractor after pushing for more military spending

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Sen. James Inhofe took over leadership of the Senate Armed Services Committee after former chairman Sen. John McCain died.

Washington (CNN)Republican Sen. James Inhofe of Oklahoma, the chairman of the powerful Senate Armed Services Committee, purchased thousands of dollars in defense stock after successfully pushing the Trump administration for more Defense Department spending.

According to his Senate financial disclosure report, Inhofe listed a purchase of $50,000-$100,000 in stock in US defense contractor Raytheon. Inhofe's communications director said he canceled the transaction when he became aware of it.

President Donald Trump recently agreed to a defense budget of $750 billion for the coming year, reversing his plans to shrink a $716 billion defense budget allocated in 2019 that he thought was too much money, calling it "crazy." Trump's decision came out of a meeting with Inhofe, along with Defense Secretary James Mattis and the chairman of the House Armed Services committee, Rep. Mac Thornberry, R-Texas. The listed date for the purchase was Tuesday, a week after the meeting.

The purchase will raise conflict of interest questions because Inhofe is now the leader of the Senate committee that approves the Pentagon's budget. Inhofe recently took over the chairmanship of the committee after the death of Sen. John McCain, the Arizona Republican who had long served as the top Republican on the committee.

https://www.cnn.com/2018/12/12/politics/james-inhofe-purchase-raytheon-stock/index.html

[Hermit-The-Prog]

1. that trough just gets bigger and bigger

And the hogs keep diving in.

[Midnight Writer]

2. Haven't you heard? Corruption, treason, graft? It's all OK now. The Capitalist Fascist Party (CFP)

is "reforming" our values.

[Garrett78]

3. And he'll still win re-election with ease in 2020 at age 86, unless he retires.

No Democratic challenger has ever come within 15 points of Mr. Snowball. When there are tens of millions of people living in an alternate reality and 20+ states that are redder than red, it's hard to be optimistic. It seems to take the likes of Roy Moore and Donald Trump to awaken the silent majority.

[malaise]

4. One more

fucking criminal

[Achilleaze]

5. republican "ethics" are formed from cesspool scum

And they like to prance around pretending they are "morally superior." Just more republican lies.

[Buckeyeblue]

6. And the poor, ignorant people of OK just love to vote for him

Thanks, Oklahoma!

[oasis]

7. Slimy rat.

[Vinca]

8. Republicans get into government for one reason: self enrichment.

Isn't this one of the reasons Tom Price had to resign from HHS? Time for Inhofe to go.

[Hassler]

9. Sen jackInhofe of the Grifting Old Pricks party