WASHINGTON — Rep. Bill Keating (D-MA), a member of the U.S. House Armed Services Committee, dumped up to $65,000 worth of investments in defense contractor Boeing at a time when the company faces federal scrutiny over its aircraft safety protocols and manufacturing quality.
On Feb. 8, Keating sold a Boeing corporate note valued at between $15,001 and $50,000, and on Feb. 28, sold Boeing stock shares valued at between $1,001 and $15,000, according to a federal disclosure submitted this week to the Clerk of the House of Representatives and reviewed by Raw Story.
The House Armed Services Committee on which Keating sits “retains exclusive jurisdiction for defense policy generally, ongoing military operations, the organization and reform of the Department of Defense” and other military-focused responsibilities....