Members of Congress raked in profits from defense contractor stocks after voting to send billions in military aid to Ukraine, according to financial disclosures and voting records reviewed by the Daily Caller News Foundation.
Congress approved more than $20 billion worth of military aid to Ukraine between Jan. 24, a month before Russia invaded, and Nov. 20, including $12.7 billion in direct drawdowns from existing U.S. weapons stocks, according to data compiled by the Council on Foreign Relations. To make up for that aid, top defense companies have boosted production, and lawmakers trading on company stocks saw a financial windfall as a result, according to publicly available stock trading data.
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