Does Trump Stand to Profit Personally Off the Wars He's Escalating in Iraq, Syria, Yemen, Somalia?
Does President Trump stand to personally profit off the wars he is escalating in Iraq, Yemen, Syria, Somalia and beyond? That's the question many are asking, after it emerged that Trump has personally invested in Raytheon, the military contractor who makes the Tomahawk missiles used in the U.S. strike on a Syrian airbase last week. Raytheon's stocks briefly surged after the attack. Overall, the stocks of defense contractors, such as Boeing and General Dynamics, have increased since Trump's election, further fueled by his promise of a "historic" 10 percent increase in U.S. military spending. For more, we speak with William Hartung, director of the Arms and Security Project at the Center for International Policy. His latest book is "Prophets of War: Lockheed Martin and the Making of the Military-Industrial Complex."