While airline passengers cringe as they enter the new TSA body scanners, Mike Castle is getting rich off of it. But he is not alone according to a Washington Examiner report.
Mike Castle and six other U.S. Representatives and two U.S. Senators each own multiple shares of stock in L-3 Communications. L-3 is the manufacturer of the new high-density body scanner recently implemented at airports nationwide.
Congress Members Invested in L-3 Communications
•Sen. John Kerry (D-MA) $500,001 to $1,000,000
•Rep. Michael Castle (R-DE) $16,002 to $65,000
•Rep. Michael McCaul (R-TX) $16,002 to $65,000
•Rep. Judy Biggert (R-IL) $15,001 to $50,000
•Rep. Ron Klein (D-FL) $1,001 to $15,000
•Rep. Robert Scott (D-VA) $1,001 to $15,000
•Sen. Jon Kyl (R-AZ) $2,173
•Rep. Kenny Marchant (R-TX) $2,086
Isn't it a conflict of interest for member of Congress (either chamber) to own stock in a firm that receives federal appropriations? We report, you decide.