Texas US Rep. Pat Fallon Failed To Properly Disclose Millions Worth of Stock Trades

Reform Austin

As reported by Business Insider, out of the 14 companies where Fallon bought and sold the shares in the first months of 2021, Boeing –the defense and contracting giant- is of particular note, since Fallon is a member of the House Armed Services Committee, in charge of overseeing the government’s relationship with defense contractors, frequently debating Boeing’s military aircraft and weapons systems. “You’re overseeing an industry that you have an investment in. At a minimum, it raises the appearance that this member could be leveraging his insight and intel,” said Delaney Marsco, an ethics counsel at the Campaign Legal Center.

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