Congresswoman Under Fire For Trading War Stocks
- Bors Company
- Apr 3
- 2 min read
We identified a suspicious stock trade made by Democratic Representative Susie Lee, coinciding with the ongoing Ukraine war.
Here’s the entire story summarized for you:
- She bought stock in a German war weapons manufacturer
- She sits on the military construction subcommittee
- Dave Portnoy even noticed and put in $500k because Rep Susie Lee purchased
- The stock SKYROCKETED 169%
Representative Susie Lee, a Democratic congresswoman from Nevada, has come under scrutiny for a stock trade involving Rheinmetall AG, a German weapons manufacturer. The trade, disclosed on May 24, 2024, revealed an investment of up to $15,000 made by Lee on March 5, 2024. Since then, the stock has surged significantly due to geopolitical tensions and increased European defense spending amid the ongoing Russia-Ukraine war.
By April 2, 2025, Rheinmetall's stock had risen by nearly 144%, potentially increasing Lee's investment value to $36,589 (a profit of over $21,000). The timing of the trade raised ethical concerns as Lee is a member of the House Committee on Appropriations and its Subcommittee on Military Construction, positions that could provide her with insider knowledge about defense-related developments.
However, Lee's spokesperson clarified that she did not direct the trade and had no knowledge of it. The account was reportedly managed by her ex-husband for their children’s benefit. This explanation has not fully quelled debates about congressional stock trading ethics, especially as lawmakers continue to regulate industries they may profit from.
Meanwhile, Lee has been vocal in supporting Ukraine through military aid and sanctions against Russia. She co-sponsored the bipartisan Stop Russian GOLD Act and voted for extensive aid packages to Ukraine while advocating for increased defense support like fighter jets and anti-tank weapons.
Comments