Sen. Markwayne Mullin Bought Oil and Defense Stocks Days Before U.S. Action in Venezuela

0
21

January 20, 2026 — Washington, D.C. On Dec. 29, 2025, Sen. Markwayne Mullin (R-Okla) purchased up to $50,000 each in shares of Chevron Corp. and Raytheon Technologies, days before U.S. military action involving Venezuela. Chevron is a major U.S. oil producer, and Raytheon Technologies is one of the nation’s largest defense contractors. Since the trades were executed, Chevron shares have risen more than 10 percent. Raytheon shares have also posted gains amid heightened global tensions.

Part of Broader Scrutiny of Financial Conduct

Mullin serves on the Senate Armed Services Committee, which oversees U.S. military policy. Is it possible he used insider information to turn military intervention into personal profit? The recent disclosures add to past scrutiny of Mullin’s financial conduct. During the COVID-19 pandemic, several businesses owned by Mullin received Paycheck Protection Program loans totaling more than $1 million.

In a separate matter, the House Ethics Committee in 2018 ordered Mullin to repay about $40,000 after determining he had improperly received income from a family business while serving in Congress.

Do you believe Mullin’s assets and stock trades should be audited for potential conflicts of interest? Let us know in the comments.

LEAVE A REPLY

Please enter your comment!
Please enter your name here