Inhofe Bought Defense Stocks After Pushing Trump To Up Pentagon Spending

UNITED STATES - APRIL 27: Sen. James Inhofe, R-Okla., attends a Senate Armed Services Committee hearing in Dirksen Building titled "United States Pacific Command and United States Forces Korea," which featured testimony by Navy Adm. Harry Harris Jr., commander of the U.S. Pacific Command on April 27, 2017. (Photo By Tom Williams/CQ Roll Call)
UNITED STATES - APRIL 27: Sen. James Inhofe, R-Okla., attends a Senate Armed Services Committee hearing in Dirksen Building titled "United States Pacific Command and United States Forces Korea," featuring testimony b... UNITED STATES - APRIL 27: Sen. James Inhofe, R-Okla., attends a Senate Armed Services Committee hearing in Dirksen Building titled "United States Pacific Command and United States Forces Korea," featuring testimony by Navy Adm. Harry Harris Jr., commander of the U.S. Pacific Command, on April 27, 2017. (Photo By Tom Williams/CQ Roll Call) (CQ Roll Call via AP Images) MORE LESS
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December 13, 2018 8:24 am
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Sen. James Inhofe (R-OK) bought tens of thousands of dollars of stock in a defense contractor after repeatedly pushing President Donald Trump to increase Pentagon spending, according to a Wednesday Daily Beast report. 

Inhofe reportedly dumped the stocks after being contacted by the Daily Beast about the story.

Though it seems Inhofe hasn’t broken any laws — news about the budget increase was public at the time of purchase, and the stocks were bought by Inhofe’s third party financial adviser — the move is still ethically murky.

It’s also just plain old bad optics, as Inhofe made the purchase soon after taking over the chairmanship of the Armed Services Committee upon the death of Sen. John McCain (R-AZ).

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