Senator Markwayne Mullin’s extensive stock portfolio has come under the microscope as the Senate prepares to consider his nomination to lead the Department of Homeland Security (DHS). His financial dealings are taking on new importance since the department is set to issue billions of dollars in new contracts as part of the current administration’s immigration crackdown.
Just a few days after Christmas, Mullin purchased shares in Chevron. This is particularly interesting because Chevron is the only major U.S. oil company operating in Venezuela. Five days after Mullin’s purchase, Trump publicly attacked Venezuela, demanding better terms for U.S. oil companies. Since then, Chevron’s stock price has jumped, even as the broader market has seen a dip.
