A non-partisan, independent news outlet exposing the moneyed interests that control U.S. politics.

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NEW: A satellite company backed by JD Vance’s fund just won a Space Force award. If the investment pays off, Vance could make millions: he holds a stake in the fund and is entitled to more than half of its manager’s share of investment profits. readsludge.com/2026/09/26/sa…
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"His office again refused to comment when asked by Sludge in June." - on Gov. Wes Moore's pattern of declining questions on antitrust enforcement:
NEW: In 2024, Wes Moore went on a limb siding with Reid Hoffman and other big donors who wanted Lina Khan out at the FTC. Hoffman has backtracked, but Moore still won’t answer questions about Lina Khan - and he’s been asked, repeatedly. New from @LabyrinthPol labyrinthinsights.com/insigh…
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New: Jake Sullivan moved to the hedge fund, private equity, defense-contractor speaking circuit, paid more than half a million dollars last year. The former national security adviser in 2024 defended U.S. weapons to Israel in its assault on Gaza. readsludge.com/2026/09/23/ja…
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NEW: As Biden’s national security adviser, Jake Sullivan defended sending U.S. weapons to Israel and denied its assault on Gaza was genocide. In his first year out of office, he collected $560,000 in corporate speaking fees. readsludge.com/2026/09/23/ja…
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We created the first searchable list of all the members of Congress with investments in AI industry. Dozens sit on committees responsible for regulating AI or authorizing contracts to AI-driven defense contractors.
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Congress has failed to regulate AI, but has managed to profit from booming AI stocks. Over 100 lawmakers have up to hundreds of millions of dollars invested in AI, according to a new analysis of financial disclosures. readsludge.com/2026/09/18/he…
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Members of key congressional committees have millions of dollars invested in AI. More than one in four reps on House Science, which oversees federal R&D, holds AI stocks. Nearly one in four reps on House Judiciary, which oversees liability and antitrust, has money in AI firms.
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About one in five members of the House Intelligence Committee, overseeing security threats, is invested in AI. A rep on the House Armed Services Committee, which approves AI-powered defense programs, bought more AI stocks this year, including in Pentagon contractors.
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Where does Gov. Wes Moore stand on Lina Khan and antitrust? In 2024, after Khan was criticized by billionaire Reid Hoffman, Moore spoke of a need for "different philosophies" than the Biden admin. This week, we asked @iamwesmoore if he agreed with Hoffman's shift on Khan...
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Gov. Wes Moore's unwillingness to state his views on Lina Khan has become a pattern. In 2024, his spokesperson would not answer a question from Ryan Grim, and he ducked Q's from CNN in April. Moore's office would not comment on the record to us in June: readsludge.com/2026/06/02/we…
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Wes Moore worked as an investment banker at Citigroup from 2007–2012, becoming a vice president. Moore would not comment to Sludge on whether he was one of the bank executives who accepted a bonus during the financial crisis of 2008, after Citi got a massive taxpayer bailout.
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NEW: One in five members of Congress reports investments in AI developers, chipmakers, cloud infrastructure providers, data center companies, or private AI startups, a Sludge analysis finds. Here Are the Members of Congress Invested in the AI Industry readsludge.com/2026/09/18/he…
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The constant online back-and-forth between @elonmusk and right-wing influencer @ALX looks organic, but there’s also a financial relationship behind it: Musk’s America PAC has paid ALX $170,000 this cycle for “social media consulting.” readsludge.com/2026/09/14/on…
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NEW: One of Elon Musk’s loudest online boosters is on his political operation’s payroll. America PAC has paid right-wing influencer ALX $170,000 so far this cycle for “social media consulting” as he promotes Musk’s politics, companies and personal brand. readsludge.com/2026/09/14/on…
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