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Money in politics

Intel Corporation's PAC funded 14 members of Congress. 5 of them are connected to the company in two more ways.

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

First, the money: Intel's PAC spread $156K across 14 members' campaigns.

Then the access: 5 of those funded members — Lofgren, McCaul, Curtis and 2 others — sit on committees including Science, Space, and Technology and Homeland Security, with jurisdiction over technology.

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

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

The 5 members

MemberPAC $GiftsCommitteeTrades
Zoe LofgrenD-CA$33k15Science, Space, and Technology2
Michael McCaulR-TX$20k8Homeland Security24
John CurtisR-UT$11k6Commerce, Science, and Transportation2
Cliff BentzR-OR$10k5Energy and Commerce1
Jerry MoranR-KS$1k1Commerce, Science, and Transportation3

The other 9 also took PAC money and disclosed INTC 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.
This page is the record as of today. The app tells you when it changes.
SOURCE: FEC PAC-TO-CANDIDATE CONTRIBUTIONS · HOUSE / SENATE COMMITTEE ASSIGNMENTS

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