Congressional stock trading and ethics conflicts escalate

Six lawmakers bought SpaceX shares within days of its IPO, with five serving on committees overseeing SpaceX's business—a textbook conflict of interest. Raises concerns about lawmakers profiting from regulated industries, especially with upcoming AI IPOs. House Ethics Committee also extended probe into Rep. Lance Gooden (R-TX) over finance-related allegations. This adds to the pattern of congressional ethics failures and weak enforcement.