Bloomberg: Key GOP Senate Recruit Seeks Job Overseeing His Largest Customer

Jun 30

FOR IMMEDIATE RELEASE
Friday, June 30, 2023

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monica@mtdems.org

Tim Sheehy “runs a company that gets most of its money from federal government contracts, presenting potential conflict-of-interest questions”

Helena, MT – Montana newcomer and Mitch McConnell recruit Tim Sheehy gets most of his company's millions from the federal government – raising questions about a potential conflict of interest as he campaigns for a position that would oversee that very funding.

In addition to facing questions over conflicts of interest, Bloomberg also reported that Sheehy’s company has “retained outside lobbyists with ties to the Senate. Disclosure reports show that the company paid Crossroads Strategies $370,000 for lobbying from Sept. 1, 2021 to Dec. 1, 2022.”

Read more from Bloomberg:

Bloomberg: Key GOP Senate Recruit Seeks Job Overseeing His Largest Customer
By Zach Cohen and Caleb Harshberger
June 30, 2023

Candidate Tim Sheehy runs a company that gets most of its money from federal government contracts, presenting potential conflict-of-interest questions that US Senate hopefuls usually don’t face.
It’ll be up to Sheehy to quell any concerns of voters who are hesitant to give him a role overseeing programs that fuel his family’s livelihood.
Bridger [Aerospace] has brought in about $87.6 million in unclassified federal contract awards since its founding in 2014, according to Bloomberg Government data. In 2022, it pulled in nearly $50 million in federal business.
Bridger said Sheehy would remain its chief executive officer while he runs for office. In mid-June he was given a new term on the board of directors ending in 2026.
He’ll have to provide more information about his personal holdings in a public disclosure form required of candidates.
“There are genuine conflicts of interest if he is receiving funds and government contracts,” Holman said. “Those are the types of issues that not only the executive branch, but Congress also deals with.”
Sheehy’s company also has retained outside lobbyists with ties to the Senate. Disclosure reports show that the company paid Crossroads Strategies $370,000 for lobbying from Sept. 1, 2021 to Dec. 1, 2022.