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Money in politics

General Dynamics Corporation's PAC funded 12 members of Congress. 5 of them are connected to the company in two more ways.

General Dynamics Corporation — money, a committee seat, and the stock

First, the money: General's PAC spread $238K across 12 members' campaigns.

Then the access: 5 of those funded members — Franklin, Larsen, Capito and 2 others — sit on committees including Science, Space, and Technology and Transportation and Infrastructure, with jurisdiction over industrials.

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

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

The 5 members

MemberPAC $GiftsCommitteeTrades
C. FranklinR-FL$44k23Science, Space, and Technology3
Rick LarsenD-WA$30k20Transportation and Infrastructure2
Shelley CapitoR-WV$26k13Commerce, Science, and Transportation4
Gilbert CisnerosD-CA$9k6Armed Services4
Robert BresnahanR-PA$8k6Transportation and Infrastructure1

The other 7 also took PAC money and disclosed GD 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