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Money in politics

CSX Corporation's PAC funded 7 members of Congress. 5 of them are connected to the company in two more ways.

CSX Corporation — money, a committee seat, and the stock

First, the money: CSX's PAC spread $44K across 7 members' campaigns.

Then the access: 5 of those funded members — Westerman, Capito, Hoyle and 2 others — sit on committees including Transportation and Infrastructure and Commerce, Science, and Transportation, with jurisdiction over industrials.

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

And the market: those same 5 members also traded CSX — the stock of the company funding their campaigns.

The 5 members

MemberPAC $GiftsCommitteeTrades
Bruce WestermanR-AR$17k9Transportation and Infrastructure2
Shelley CapitoR-WV$15k5Commerce, Science, and Transportation2
Valerie HoyleD-OR$4k2Transportation and Infrastructure1
Tommy TubervilleR-AL$4k2Armed Services6
Robert BresnahanR-PA$1k1Transportation and Infrastructure2

The other 2 also took PAC money and disclosed CSX trades — but hold no current seat on a committee overseeing industrials.

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