Follow the War Money: Peace Economy Project Demands Accountability Now
Public Accountability Statement
Recent reporting has uncovered that Vice President J.D. Vance maintains financial stakes in a venture capital fund that has directly benefited from multimillion-dollar defense and surveillance contracts awarded during the early months of the Trump-Vance administration. These include companies tied to military weapons development, border surveillance, and controversial missile defense initiatives.
At the Peace Economy Project, we believe that leadership should reflect public service—not private gain. The idea that an elected official may profit from companies receiving government contracts under their own administration is not only deeply unethical—it’s a betrayal of the public trust.
This pattern of self-enrichment underscores how our national budget priorities are driven not by the needs of working families, but by the interests of defense investors. Every dollar funneled into weapons, hypersonic aircraft, and border surveillance tech is a dollar not spent on schools, clean water, healthcare, and climate resilience.
We call on Vice President Vance to:
- Immediately divest from all holdings with direct or indirect defense industry ties;
- Publicly disclose all financial relationships with companies benefiting from federal contracts;
- And support legislation that holds the vice president and president to the same conflict-of-interest standards applied to other federal officials.
At a time when our country is being asked to accept austerity for essential services, we cannot allow political leaders to profit from militarism behind closed doors. The path to peace cannot be paved with insider contracts and private wealth.
We demand a government that invests in peace—not profits from war.
— Peace Economy Project