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Money in politics

Gilead Sciences, Inc.'s PAC funded 3 members of Congress. 1 of them are connected to the company in two more ways.

Gilead Sciences, Inc. — money, a committee seat, and the stock

First, the money: Gilead's PAC spread $14K across 3 members' campaigns.

Then the access: 1 of those funded members — Marshall — sit on the Health, Education, Labor, and Pensions committee, with jurisdiction over health care.

Health care is Gilead's industry — and that committee is where its rules, funding, and oversight get written.

And the market: those same 1 members also traded GILD — the stock of the company funding their campaigns.

The 1 member

MemberPAC $GiftsCommitteeTrades
Roger MarshallR-KS$10k5Health, Education, Labor, and Pensions3

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

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