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4d ago

Mullin Faces Senate Confirmation To Lead DHS With Funding Lapse And Stock Trades Under Scrutiny

The hearing follows reports on his recent stock trades during a monthlong funding lapse at the department.

Sen. Markwayne Mullin arrives to the weekly Senate Republican policy luncheon at the US Capitol on January 28, 2026.
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Senator Markwayne Mullin speaks during a nomination hearing for Dr. Casey Means, for the medical director in the Regular Corps of the Public Health Service and U.S. surgeon general during a Senate Health, Education, Labor and Pensions Committee hearing on Capitol Hill on February 25, 2026 in Washington, DC.
Democratic Sen. John Fetterman gestures to Republican Sen. Markwayne Mullin as they stand in an elevator during a vote at the US Capitol on March 12, 2026.

Overview

  • Sen. Markwayne Mullin testifies Wednesday at 9:30 a.m. EDT before the Senate Homeland Security and Governmental Affairs Committee as President Trump’s nominee to replace Kristi Noem.
  • Newsweek’s review of 2026 disclosures identified at least $305,009 in recent purchases tied to firms that intersect with DHS work, including Nvidia, RTX, APi Group, Adobe, Caterpillar, Deere and Microsoft, with the White House saying a third party manages his portfolio under ethics rules.
  • Separate reporting notes Mullin bought Chevron shares on Dec. 29, 2025, five days before the U.S. attack on Venezuela, with the stock up about 30% by March 13 and no indication he had advance knowledge of the operation.
  • DHS has been largely shut down for over a month as Democrats seek immigration enforcement changes that Republicans oppose, contributing to unpaid staff, long airport security lines, and delays tied to FEMA’s strained disaster programs.
  • Mullin has strong Republican backing and some Democratic support, though critics question his experience and temperament as he prepares to oversee mass deportations, airport security, FEMA and broader homeland security operations.