Congressman On Armed Services Committee Can't Stop Buying Defense Stock: 9 Purchases Since September

benzinga_article
2026.06.10 22:35
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Rep. Gil Cisneros (D-Calif.), a member of the House Armed Services Committee, has purchased defense stocks including Ducommun and StandardAero nine times since September. This activity raises conflict-of-interest concerns as his subcommittee controls the budgets for these companies' government contracts. Cisneros is an active trader with over 2,500 transactions, drawing scrutiny from investors regarding potential insider advantages.