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Money in politics

Apple Inc.'s PAC funded 3 members of Congress. 2 of them are connected to the company in two more ways.

Apple Inc. — money, a committee seat, and the stock

First, the money: Apple's PAC spread $12K across 3 members' campaigns.

Then the access: 2 of those funded members — Lofgren and Schrier — sit on committees including Science, Space, and Technology and Energy and Commerce, with jurisdiction over technology.

Technology is Apple's industry — and that committee is where its rules, funding, and oversight get written.

And the market: those same 2 members also traded AAPL — the stock of the company funding their campaigns.

The 2 members

MemberPAC $GiftsCommitteeTrades
Zoe LofgrenD-CA$4k2Science, Space, and Technology2
Kim SchrierD-WA$1k1Energy and Commerce15

The other 1 also took PAC money and disclosed AAPL trades — but hold no current seat on a committee overseeing technology.

PAC contributions are legal and disclosed. This surfaces co-occurrence of corporate donations, lobbying, and personal stock trades — not evidence of coordination or quid pro quo.

Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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SOURCE: FEC PAC-TO-CANDIDATE CONTRIBUTIONS · HOUSE / SENATE COMMITTEE ASSIGNMENTS