Republican Rep. Pat Fallon invests in Twitter and Facebook — despite bashing Big Tech …

republican-rep.-pat-fallon-invests-in-twitter-and-facebook-—-despite-bashing-big-tech-…

Fallon has railed against “tech oligarchs” after they deplatformed GOP lawmakers.But the Texan traded stock in companies like Facebook and Twitter. Freshman Republican Rep. Pat Fallon of Texas is on a Big Tech tear. Like many Republicans, he complains that companies such as Twitter and Facebook are biased against conservatives because they’ve removed Republicans from their platforms. On conservative stations such as Newsmax, he has referred to tech companies as “Silicon Valley oligarchs” who are guilty of “suppressing and ultimately silencing conservative speech.”—Rep. Pat Fallon (@RepPatFallon) February 7, 2022But in recent weeks, Fallon has sought to profit from investments in Big Tech, according to an Insider analysis of his financial disclosures. Fallon traded up to $150,000 worth of Twitter stock in January after already trading the stock several times over the course of 2021. In 2021, he traded up to $1.6 million worth of Facebook stock. Fallon’s trades come amid a roiling debate on Capitol Hill as to whether lawmakers should be allowed to trade individual stocks at all. Asked about the tech investments, the congressman’s office told Insider on Friday that Fallon was in the process of moving his portfolio into a qualified blind trust, which the Senate Select…
Read More

Exit mobile version