a status report from the general and the U.S. ambassador to Iraq have as much as $196 million of their own money invested in companies doing business with the Department of Defense, the nonpartisan Center for Responsive Politics has calculated. From aircraft and weapons manufacturers to producers of medical supplies and soft drinks, the investment portfolios of more than a quarter of Congress—and of countless constituents—include holdings in companies paid billions of dollars each month to support America's military in Iraq and elsewhere.
The Investors: Lawmakers with the most money invested in companies with Department of Defense contracts
Member of Congress Minimum Value of Investment Maximum Value of Investment
Sen. John Kerry (D-Mass) $28,872,067 $38,209,020
Rep. Rodney Frelinghuysen (R-NJ) $12,081,050 $49,140,000
Rep. Robin Hayes (R-NC) $9,232,037 $37,105,000
Rep. James Sensenbrenner Jr. (R-Wis) $5,207,668 $7,612,653
Rep. Jane Harman (D-Calif) $2,684,050 $6,260,000
Rep. Fred Upton (R-Mich) $2,469,029 $8,360,000
Sen. Jay Rockefeller (D-WVa) $2,000,002 $2,000,002
Rep. Tom Petri (R-Wis) $1,365,004 $5,800,000
Rep. Kenny Ewell Marchant (R-Texas) $1,163,231 $1,163,231
Rep. John Carter (R-Texas) $1,000,001 $5,000,000
Includes investments in companies with DOD contracts of $5 million or more, according to 2006 data on FedSpending.org. Members of Congress must report their personal finances annually. Holdings shown here were as of December 31, 2006.
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