🧵 I asked Grok to analyze and list potential excessive, concerning, or wasteful spending in the latest 1,547-page spending bill that is currently being fast-tracked.
🚨Note: The full text of this proposed legislation was made available just before the deadline, allowing only limited time for analysis. Grok was used to review 100 pages of detailed spending at a time, identifying areas of potential excessive, concerning, or wasteful expenditures. Grok is not suggesting that everything it identified is wasteful or excessive; many items could have reasonable explanations. Instead, it highlights these areas for further scrutiny or for you to research and uncover the missing context.
With more time, I could have utilized Grok much more effectively. Grok makes this process 1,000 times easier and provides real-time context using the web and posts on 𝕏 🔥
To fully understand the context of any specific spending item, it's essential to:
- Use Grok to provide a more detailed explanation of that specific section, including its purpose and context.
- Read the relevant section of the bill in its entirety.
- Contact your Congressional representatives for clarification and to express any concerns.
The ultimate sellout: While Rep. Mikie Sherrill talks tough on China, her family's $10M+ fortune depends on Beijing's favor. Whose side is she on?
Rep. Sherrill Prosecuted UBS for Financial Crimes. Now, Her Family Profits From Its CCP-Backed Monopoly
On Capitol Hill, Representative Mikie Sherrill has built a formidable reputation as a national security hawk, using her powerful committee assignments to warn of the existential threat posed by the Chinese Communist Party. The former Navy pilot and federal prosecutor is a leading voice on confronting Beijing’s economic and military ambitions.
But an investigation into her finances reveals a staggering conflict that is deeply compromised by a stunning reversal of roles. Rep. Sherrill’s family fortune, which has soared to over $10 million since she took office, is inextricably linked to the success of UBS… the very bank she once prosecuted for financial crimes. Today, that bank’s profitability hinges on a privileged, monopolistic position granted by the same Chinese government Sherrill is tasked with overseeing.
The core of the scandal lies with her husband, Jason Hedberg, a high-level executive at UBS. A significant portion of the family’s wealth, including a seven-figure unvested stock award, is tied directly to the performance of his division. That performance is supercharged by UBS’s unique status in China. The bank holds an exclusive, state-sanctioned license from Beijing to trade complex derivatives… a golden ticket unavailable to its global competitors. This exclusive channel depends entirely on the CCP’s continued goodwill.
What elevates this conflict into a stunning portrait of hypocrisy is Rep. Sherrill’s own professional history. Before entering politics, Sherrill served as an Assistant U.S. Attorney. In that role, she was part of the team that prosecuted UBS for a massive criminal tax evasion scheme, resulting in a $780 million settlement to avoid indictment. The fact that her family’s fortune is now derived from the very bank she once pursued on behalf of the U.S. government represents a profound ethical revolving door.
The timeline is damning. As UBS expanded its footprint and secured 100% ownership of its China venture… a move requiring explicit CCP approval… the Sherrill-Hedberg family’s net worth exploded from an estimated $4.3 million in 2019 to over $11.3 million by 2024. This financial dependency is woven into the fabric of their lives; the family’s multi-million dollar New Jersey home is financed with a mortgage from UBS.
This structural conflict appears to be reflected in a voting record that has been notably friendly to the financial services industry… a stark departure from her past as a prosecutor of bank crimes.
As a member of the House Armed Services and the elite China Select Committees, Rep. Sherrill sits in classified briefings where policies that could devastate UBS’s China operations… sanctions, capital controls, and military posturing… are decided. Any authentically “tough” policy on China directly threatens the business model that underwrites her family’s wealth.
This arrangement creates a textbook case of elite capture. The Chinese government doesn’t need to send a lobbyist to her office… it has created a system where her family’s prosperity is directly aligned with the CCP’s interest in maintaining the financial status quo. Any policy that truly “gets tough” on China risks disrupting the very business model that underwrites her family’s finances.
This pattern of conflict is matched by a pattern of obfuscation. Rep. Sherrill has been fined for violating the STOCK Act for failing to promptly disclose her husband’s UBS stock sales. More pointedly, her campaign’s recent insistence that she “does not own or trade individual stocks” is directly contradicted by her own 2017 candidate disclosure, which detailed extensive joint holdings in dozens of individual companies, including major defense contractors like Raytheon that fall under her committee’s jurisdiction.
The web is complete… a history of prosecuting a bank, a subsequent family fortune built by that same bank, a financial dependency on the goodwill of the Chinese Communist Party, and a record of misleading public statements about her finances.
This arrangement may not be illegal. It is, however, an unforgivable conflict. It is a betrayal of her past as a prosecutor and her duty as a public servant. For voters, the question is no longer about policy. It is about allegiance. Will Mikie Sherrill work for New Jersey, or will she work for the bank that depends on Beijing?
TLDR:
Rep. Mikie Sherrill, a "China hawk" on the Armed Services Committee, has a staggering conflict of interest. Her husband, Jason Hedberg, is UBS's Head of Americas Equity Derivatives Flow. His multi-million dollar compensation is directly fueled by UBS holding an exclusive, CCP-granted monopoly as the ONLY foreign bank licensed to trade certain derivatives in China.
This means while Sherrill makes policies that could punish Beijing, her family's $10M+ fortune is structurally dependent on the Chinese government's continued favor to her husband's bank... the same bank she once prosecuted for financial crimes.
Mikie Sherrill
New Jersey (NJ) – 11th, Democrat
Oath of Office: Jan. 03, 2025
Committee and Subcommittee Assignments
Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party
Committee on Armed Services
- Cyber, Information Technologies, and Innovation
- Tactical Air and Land Forces
🚨In Don Lemon's footage of a seemingly "spontaneous" D.C. protest demanding Epstein files' release, Don Lemon inadvertently captures the truth... buses ferrying professional protesters, one of whom states this is her seventh time doing it, and organizers distributing detailed maps of congressional offices, including layouts and entry points, for targeted disruption.
Lead organizer Carlos Alvarez-Aranyos of NGO American Sunlight Project teams up here with FLARE, another NGO known for these coordinated in-organic protests.
Carlos is known for his coordinated nationwide Tesla protests that spiraled into violence, vandalism, and dealership burnings.
Far from organic activism, this astroturf op is scripted by shadowy donors to exploit outrage for chaos.
@DataRepublican Carlos again.... he pops up everywhere... I wonder if this is the same protest where he screamed at @JamesOKeefeIII....
Carlos teams up with FLARE USA, which I believe is a project of failed "comedian" Clifton Freeman Cash... In his spare time, he harasses @Heritage employees as they leave work..
@DataRepublican @JamesOKeefeIII These people are insane....
I can’t believe how many democrats still don’t realize that the only reason E. Jean Carroll was allowed to file charges against Trump was because democrat billionaires funded her effort to get a one year temporary law added just so she could. She was the first person in the state to file under the new temporary law. 12 months later the law expired.
Carroll also lied and testified under oath that she wasn’t having her legal fees paid for by someone else and faced no repercussions when it was exposed as a lie.