Democrat Oversight Chair Accused of Insider Trading
The House Oversight Committee will be chaired by Representative Gerry Connolly following a Democratic vote. Despite facing criticism for violating the STOCK Act by failing to timely disclose stock transactions involving companies with government contracts, Connolly secured the position. These undisclosed trades included shares in Dominion Energy, SAIC, and Leidos. Further controversy surrounds Connolly’s role in the HEROES Act, accused by some of secretly benefiting defense and intelligence contractors.
John Q. Hosedrinker