Senator Markwayne Mullin (R-OK) purchased stocks that directly benefit from conflict in the Middle East before the Hamas attack on Israel, a report claims.

“Another US Congressman has traded stocks before the start of the Middle East Conflict, stocks that benefit directly from war,” Unusual Whales posted.

“Representative Markwayne Mullin disclosed purchasing up to $50,000 of Raytheon, $RTX, on Sept 13. He sits on the Committee of Armed Services.”

“Of note, Senator Markwayne won the US Senate GOP runoff in 2022. He then took Jim Inhofe seat. Jim Inhofe was accused of insider trading. He sold $400,000 after non-public Covid hearings in Jan 2020. He was cleared by the DOJ,” Unusual Whales added.

“Seems Senator Mullin has been cashing in on public office. Very disappointing. I had hoped for better from him,” Rep. Matt Gaetz (R-FL) said.

Social media users commented on the report:

Via investment research platform Quiver Quantitative:

According to financial news outlet Finbold, “US congressional leaders have been making some strategic investment moves into military-related stocks.”

REPORT: Congress Members Make Strategic War Stock Moves Before Israel-Hamas Conflict

“Congress has been buying war stocks. Many bought defense company $GD, General Dynamics,” Unusual Whales noted.

“Numerous Republicans bought heavy into oil + energy companies, with buys in $XOM, $DVN, $CVX. Democrats bought cybersecurity like $FTNT. These companies lobby Congress heavily,” Unusual Whales added.

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*Screenshots from Unusual Whales X post*

The same reportedly happened during the Russia-Ukraine conflict.

Finbold reports:

Now, there’s no ignoring the fact that these companies lobby Congress with gusto. Lobbying, in many ways, serves as an avenue for corporations to communicate their perspective and interests to policymakers.

Taking a closer look, some of the notable members who’ve entered the fray include Republicans Michael McCaul (Texas), Kevin Hern (Oklahoma), and Michael Guest (Mississippi), with the latter acquiring up to $15,000 of XOM in August. Among Democrats, Fankel (Florida), Richard Larsen (Washington), and Walter Schrader (Oregon) stand out.

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The market is a reflection of geopolitical events, and those with the right foresight can harness its potential. As they say, it’s about ‘buying the rumor and selling the news.’ Congressional moves, while subject to scrutiny, can often offer a finger on the pulse of where the ‘smart’ money might be heading.

“Here is every US politician in Congress who currently holds stock positions that directly benefit from war in the Middle East,” Unusual Whales posted.

Alan Lowenthal

Andrew Garbarino

Bill Hagerty

Blake Moore

Bob Gibbs

Carol Miller

Christopher Jacobs

Daniel Goldman

David McKinley

Dean Phillips

Debbie Schultz

Deborah Ross

Diana Harshbarger

Donald McEachin

Dwight Evans

Earl Blumenauer

Fred Upton

Garret Graves

Jerry Moran

Jerry Moran

John Curtis

John Yarmuth

Josh Gottheimer

Katherine Clark

Kathy Manning

Kevin Hern

Kurt Schrader

Lois Frankel

Maria Salazar

Marjorie Greene

Mark Green

Michael Guest

Michael McCaul

Mike Kelly

Mike Simpson

Mo Brooks

Patrick Fallon

Rick Allen

Ro Khanna

Robert Wittman

Roger Marshall

Scott Franklin

Shelley Capito

Steve Cohen

Susie Lee

Thomas Carper

Thomas Suozzi

Tommy Tuberville

Trey Hollingsworth

Virginia Foxx

William Keating

Zoe Lofgren

My report is coming soon. Be ready.

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