Kevin Hern Ranks Among Top Oil Stock Investors in Congress
- mike33692
- 16 minutes ago
- 2 min read
Oklahoma Congressman Kevin Hern is now ranked among the largest individual investors in oil and gas stocks in the U.S. House of Representatives, according to a new report from a government watchdog group.
Kevin Hern Oil Stock Investments Total Nearly $6 Million
The organization Common Cause reports that Rep. Kevin Hern, who represents Oklahoma’s First Congressional District, owns nearly $6 million in oil and gas-related stocks, making him the second-largest oil stock investor in the U.S. House.
The report, based on congressional financial disclosure filings, shows Hern holds investments tied to several major energy companies. Common Cause argues that such holdings raise concerns about potential conflicts of interest, particularly as Congress debates energy policy, environmental regulations, and tax incentives for the fossil fuel industry.
Energy Investments Raise Conflict of Interest Questions
Critics say the scale of Kevin Hern oil stock investments could influence legislative decisions affecting the oil and gas sector. Hern serves on the House Ways and Means Committee, which plays a key role in tax policy impacting energy companies.
Common Cause officials say lawmakers with substantial industry investments should recuse themselves from votes that could directly benefit their personal financial interests.
Hern Has Defended Energy Industry Support
Hern has consistently defended Oklahoma’s oil and gas industry, arguing it is critical to the state’s economy and national energy independence. Supporters say his investments reflect confidence in American energy production rather than improper influence.
Congressional stock ownership has drawn increasing scrutiny in recent years, with bipartisan calls for stricter rules or outright bans on individual stock trading by lawmakers.
Financial disclosures reviewed by Common Cause were filed in compliance with federal ethics laws and are publicly available through the U.S. House Office of the Clerk.
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