Another senator just got caught doing what would end the career of any regular American.
Senator John Boozman of Arkansas bought shares of Devon Energy on April 9.
He did not disclose the trade until May 8, almost a full month later.
Hereโs the problem:
Boozman sits on the Senate Committee on Environment and Public Works, the same committee that shapes energy policy in this country.
He also sits on subcommittees that oversee commodities and rural energy.
In other words, he votes on legislation that directly impacts the oil and gas sector.
And then he buys oil and gas stocks.
This is not a one-off.
A week before he bought Devon, he also bought shares of Constellation Energy on April 2.
In the last 3 years alone, Boozman has filed 331 stock trades totaling over $667,000.
He has received nearly $150,000 from oil, gas, and coal interests since 2012 according to OpenSecrets.
A senator on the energy committee, funded by energy lobbyists, trading energy stocks ahead of energy policy.
If a corporate executive did this with their own company's stock, they would be in handcuffs.
When a senator does it, it gets a delayed filing and a one-line public disclosure.
The system is not broken, itโs working exactly the way it was designed to.
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