Inhofe dumps defense stocks after controversial Raytheon purchase

By Tony Bertuca / December 13, 2018 at 11:00 AM
Senate Armed Services Committee Chairman Jim Inhofe (R-OK) has instructed his financial adviser to no longer purchase any defense stocks after news broke that he bought shares in Raytheon following a meeting with President Trump that led to a newly proposed boost in defense spending. Leacy Burke, Inhofe's spokeswoman, said all the chairman's financial transactions are handled by a third-party adviser and that he had no knowledge of the purchase. "The senator has had no involvement in and has not...

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