A Maine Senate debate exploded after Troy Jackson claimed Sen. Susan Collins’ household is “making money” off the Iran war, igniting a high-stakes fight over stocks, ethics, and truth.
Story Highlights
- Jackson alleged Collins’ household profits from the Iran war via defense stocks held by her husband.
- Public filings show Collins’ husband reported Boeing and RTX holdings in 2025, within disclosed ranges.
- Collins called the charge “absolutely outrageous,” demanded an apology, and cited nine votes to end the war.
- Fact-checks say evidence shows ownership, not proof of profit or policy-linked gains from the war.
Debate Flashpoint: Profit Accusation Rocks Maine Race
At the October 9 debate, Democratic nominee Troy Jackson said Sen. Susan Collins and her husband are “making money” off the Iran war. He argued Collins “could use her leverage to stop this war” but chose not to, linking that to defense stocks in their household. The accusation landed hard in the room and online, setting off immediate pushback. Jackson did not provide a detailed basis at the event, beyond pointing to stock holdings tied to defense work.
Sen. Collins answered in sharp terms. She called the claim “absolutely outrageous” and said Jackson owed her an apology. She said she voted nine times to end the war under the War Powers Act. She also said the charge had been proven false and accused Jackson of spreading false ads. Collins’ response framed the attack as personal and baseless, aiming to end the story on the spot while underscoring her recorded votes.
What The Records Actually Show About Stock Holdings
Public disclosures list Boeing and RTX stock held by Collins’ husband, Thomas Daffron, in 2025, each within a $15,001 to $50,000 range. These are well-known defense contractors that can gain or lose value with military demand and supply shocks. The filings prove ownership but not profit. They do not reveal buy prices, sell dates, or realized gains. They also do not show any action by Collins that changed those companies’ value.
Independent reviews pressed this point further. A Maine fact-check reported the record shows ownership but not profit tied to Collins’ votes. It noted RTX shares fell since the war began and Boeing’s stock was sluggish in the same window. That picture cuts against a simple “they made money off war” claim. The report also said war conditions can both bring contracts and disrupt supply chains, so the net impact can be mixed.
Ethics And Influence: The Real Questions Voters Must Weigh
Voters care about conflicts of interest, and they are right to do so. Congressional households sometimes own stocks that overlap with policy areas. A past national review found dozens of lawmakers reported trades in companies linked to their work, even though federal law does not ban such ownership. Disclosure rules aim to shine light on these ties so the public can judge them on the facts, not on rumors or rage.
Jackson tried to jump from “ownership” to “profit from war” and “policy influence.” That leap needs proof. The record so far does not show a Collins vote, amendment, or move that boosted Boeing or RTX stock. It also does not show profits realized from those holdings. Collins counters that she voted nine times to end the war, which, if substantiated, undercuts the idea she sought to keep it going for gain. The evidence on those specific votes can be checked in roll-call records.
What Would Close The Evidence Gap
Clear answers require documents. Full transaction histories for the Boeing and RTX positions would show gains or losses and timing. Defense contract data and appropriations records would show whether war-related work aided either company in a way tied to Senate actions. An event-study could test whether Iran-war milestones moved those stocks beyond normal sector moves. Without that, the claim of profiting from war remains unproven rhetoric, not a verified fact.
For conservatives who want clean government and strong defense without grift, the standard is simple: facts first, accusations second. If someone says a senator “made money off war,” they should put the brokerage records and the roll-call votes on the table, side by side. Until then, Maine voters face a familiar Washington pattern—heated claims in a tight race, thin proof, and a lot of noise. Keep your focus on the record, not the spin.
Sources:
youtube.com, transcripts.cnn.com, thehill.com, inquirer.com, politifact.com, acfr.aut.ac.nz, nytimes.com
















