Inhofe bought Raytheon stock after advocating budget hike

Defense News: Senate Armed Services Committee chairman Jim Inhofe bought Raytheon stock after reports he and others prevailed on President Donald Trump to boost the defense budget, but he has since unloaded the stock and said through a spokesperson he wasn’t aware of the purchase when it happened.

Senate financial disclosure forms indicate Inhofe bought between $50,001 and $100,000 in Raytheon stock on Tuesday.

Read article