Ethics Watchdog Calls for Investigation into 3 Democrats for Possible Ethics Violation

    0
    248

    The three Democrat Reps. Lori Trahan (MA), Debbie Wasserman Schultz (FL), and Kathy Castor (FL) are being accused of not disclosing “financial disclosure reports that provide a ‘full and complete’ statement of the Member’s assets, debts, and income,” which violates Federal law and House Ethics rules.

    Members are supposed to file “full and complete” statements of the member’s and their spouse’s assets, debts, and income as well as file “periodic reports” when transactions are made that exceed $1,000. Every member is required to do so within 30 to 45 days of the transaction.

    WASHINGTON, DC – APRIL 06: Clockwise from right, U.S. Rep. Debbie Wasserman Schultz (D-FL), Rep. Kathy Castor (D-FL), and Rep. Tim Ryan (D-OH) pause during a markup hearing before the House Budget Committee April 6, 2011 on Capitol Hill in Washington, DC. The committee held a markup hearing on the concurrent resolution on the Budget for Fiscal Year 2012. President Barack Obama has picked Wasserman Schultz to become the new Chair for the Democratic National Committee. (Photo by Alex Wong/Getty Images)

    FACT Executive Director Kendra Arnold said in a statement that this is not one of the rules that are hard for members to follow:

    Trump’s Secret Legacy Is Set To Create Small Fortunes!

    Developing Story - Trump administration oversaw a RADICAL change to the tech world… one that could unleash a huge wave prosperity… and wealth creation in the near future. Find Out More

    Find Out More

    Any violation of the financial reporting requirement is a serious breach of House ethics rules and federal law. The law is abundantly clear and there are no excuses for any member not to comply. There is nothing new about these requirements which are well-known to public officials, and it is their duty to affirmatively ensure compliance. This required transparency is the only mechanism for citizens to monitor conflicts of interest or self-enrichment. The OCE must investigate immediately and impose the proper sanctions including fines and penalties if these members are found in violation.

    The watchdog organization noted the three Democrats “failed to report the purchase and selling of stocks within the required time frame,” having finally disclosing them months after the deadlines. The press release stated:

    “Rep. Trahan sold up to $15,000 in the software company Stella Connect. Trahan failed to properly disclose this transaction that took place on September 10, 2020 according to her recent filing. She finally disclosed the sale on July 27, 2021–over ten months late.”
    “Rep. Wasserman Shultz purchased up to $15,000, and her dependent child purchased up to $45,000, in a telecommunications-product company called Westell Technologies in October 2020, but she did not disclose the trades until July 2021.”
    “Rep. Castor’s latest congressional records show that she failed to disclose within the prescribed 45 days up to $45,000 worth of Berkshire Hathaway Inc. stock she acquired in June and July of 2020. She ultimately disclosed those purchases on July 27, 2021.”

    All three letters added that “There is no excuse for late filings and every violation has consequences,” noting the OCE is responsible for making sure each congressional member lives up to the public trust they have while being in office and to comply with all of the ethics standards from the House.

    Follow Jacob Bliss on Twitter @jacobmbliss.

    Jeff Bezos’ Big Bet
    World’s 2nd-Richest Man’s Latest Bombshell

    The fuse has already been lit... and on March 9th I believe he’ll reveal a few more details. If you missed out on taking advantage of the Amazon success story... don’t miss out again. Find Out More

    Find Out More

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here