- At least 75 federal lawmakers held shares of Moderna, Johnson & Johnson, or Pfizer in 2020.
- Lawmakers’ holding stock in these companies has prompted ethical concerns.
- Several other lawmakers traded shares of companies with a direct stake in the pandemic.
Dozens of Republican and Democratic lawmakers on Capitol Hill have invested in companies that have a direct stake in the nation’s response to the COVID-19 pandemic, according to an Insider analysis of federal financial records.
In 2020, at least 13 senators and 35 US representatives held shares of Johnson & Johnson, the medical behemoth that produced the single-shot COVID-19 vaccine that more than 15 million Americans have received.
At least 11 senators and 34 representatives also held shares in 2020 of another COVID-19 vaccine manufacturer, Pfizer. Two representatives or their spouses held shares of Moderna during the same year that the world went on lockdown in response to the pandemic.
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