Saturday, April 11, 2026

US Defense Official Overseeing AI Reaped Millions Selling xAI Stock

Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests

More

Undersecretary Michael's profits in xAI -- reportedly up to $24 million -- get some scrutiny. @theguardian.com www.theguardian.com/us-news/2026 ...

[image or embed]

-- Carl Quintanilla (@carlquintanilla.bsky.social) Apr 10, 2026 at 6:27 AM

Comments

"Richard Painter, a former ethics lawyer at the White House under President George W Bush, said that in general it was a criminal violation for government officials to participate in any government actions that would benefit their own financial interests.

"It sounds pretty weird," he said of the transactions. "There is no way that a decent ethics lawyer would let a [defense department] official hold on to AI stock while he's involved in AI matters.

You would have a very high chance of violating the criminal statute." Federal law prohibits officials from taking actions in their jobs that benefit their own financial interests."

;;

He can apply for a Cabinet Job with those scam credentials.

#1 | Posted by Corky at 2026-04-10 10:40 PM

See? No one cares about gov corruption anymore... DJT made it commonplace.

#2 | Posted by Corky at 2026-04-11 02:29 PM

Government has always been corrupt.
And climate has always changed.

Thoughts And Prayers.
Nothing Can Be Done.

#3 | Posted by snoofy at 2026-04-11 05:39 PM

If Putin allows it in Russia...Trump will allow it here...for we are a falling Empire and...well, it is all because MAGA voted for a true fascist, twice...Trump and his family are walking ethic violations, heck Jared is King of that lab.

#4 | Posted by Hughmass at 2026-04-12 07:43 AM

Drudge Retort Headlines

DNC Releases 2024 Autopsy Report (188 comments)

Trump: Iran 'getting a lot closer' to Agreement (16 comments)

Suspect Killed after Opening Fire on Secret Service Near White House (14 comments)

Trump Admits Rush Of Losing 'Only' 13 Americans To Iran War (13 comments)

Trump Failed to Lower Grocery Prices (11 comments)

Trump Says Framework of Iran Deal 'largely Negotiated' (10 comments)

Fact Check: 28 Separate False Claims Trump Made This Week (10 comments)

Trump's Endgame Is Surrender (9 comments)

Deported Flotilla Activists Allege Abuse in Israeli Captivity (9 comments)

Why You Can't Get Through to a Trump Supporter (8 comments)