Sen. Tom Carper just violated this federal transparency and conflicts-of-interest law
1 year, 8 months ago

Sen. Tom Carper just violated this federal transparency and conflicts-of-interest law

Raw Story  

Democratic Sen. Tom Carper of Delaware violated a transparency and conflicts-of-interest law by disclosing one of his wife's stock trades more than a year after a federal deadline, according to a Raw Story review of congressional financial disclosure records. Carper on Tuesday disclosed that Martha Ann Stacy sold $2,991.98 worth of stock in Taiwan Semiconductor Manufacturing Ltd., although the trade took place on Jan. 19, 2022. "Senator Carper supported the STOCK Act, and he fully supports ongoing conversations in Congress on how to strengthen the legislation and improve transparency and accountability for our elected officials." This year, Raw Story has identified two additional lawmakers — Reps. Seth Moulton and Gerry Connolly — who were late disclosing personal stock trades.

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History of this topic

Busted: Three members of Congress violate federal law
3 months, 2 weeks ago

Busted: Three members of Congress violate federal law

Raw Story  

As a renewed battle to ban congressional stock trading rages on, three more members of Congress violated financial disclosure law, according to a Raw Story review of congressional financial records. Lale M. Morrison, chief of staff for Moskowitz, told Raw Story in an emailed statement, that a law firm conducts monthly monitoring of Moskowitz’s investment accounts and prepares periodic transaction …

Kari Lake foe Ruben Gallego broke financial transparency law with years-late stock filings
4 months, 1 week ago

Kari Lake foe Ruben Gallego broke financial transparency law with years-late stock filings

Raw Story  

Rep. Ruben Gallego, who is in the midst of a competitive U.S. Senate race against Republican election denier Kari Lake, appears to have violated federal financial disclosure law by reporting two transactions nearly two and five years late. Still, for such transactions, members of Congress also need to file a "periodic transaction report" — the formal name of a congressional …

Republican lawmaker from Texas violates financial disclosure law with 5-year delay
6 months ago

Republican lawmaker from Texas violates financial disclosure law with 5-year delay

Raw Story  

A Republican congressman was as much as five years late reporting his spouse’s stock trades, violating a federal financial disclosure law, according to a Raw Story review of congressional financial records. “In the situation when we filed the complaint, it seems as though the member knew the rule, and therefore, could not say that he didn't understand the rule, and …

GOP lawmaker breaks financial law after ripping opponent for breaking financial law
1 year, 3 months ago

GOP lawmaker breaks financial law after ripping opponent for breaking financial law

Raw Story  

A New Jersey freshman congressman has violated a decade-old financial disclosure and conflicts-of-interest law — the same one he slammed his opponent for breaking. Kean’s violation, first reported by the New Jersey Globe, is particularly notable given that his 2022 campaign for Congress hit his Democratic opponent, then-Rep. Tom Malinowski, with withering criticism over Malinowski’s numerous STOCK Act violations. “I …

‘Undermining the integrity of Congress:’ Four more GOP lawmakers just violated a federal law
1 year, 4 months ago

‘Undermining the integrity of Congress:’ Four more GOP lawmakers just violated a federal law

Raw Story  

Four Republican members of Congress have blown past a federal deadline for disclosing personal stock trades, with some more than a year late, a Raw Story analysis of congressional financial documents reveals. “So, there's lots of concerns there, and, of course, they get to vote and make decisions that could impact the financial state of various companies and industries, so …

Oops, I did it again: This Democratic congresswoman violated a federal law for a second time
1 year, 4 months ago

Oops, I did it again: This Democratic congresswoman violated a federal law for a second time

Raw Story  

A Democratic congresswoman from North Carolina with a history of more than 50 late stock disclosures appears to have violated a decade-old federal transparency and conflicts-of-interest law. RELATED ARTICLE: ‘Aren’t we a little more grown up than that?’: Ex-lawmaker rips Congress for ‘dog ate my homework’ excuses But Manning never disclosed she purchased the stock in the first place — …

Florida congresswoman — a former DNC chair — is months late disclosing family stock sale. Again.
1 year, 5 months ago

Florida congresswoman — a former DNC chair — is months late disclosing family stock sale. Again.

Raw Story  

Rep. Debbie Wasserman Schultz, the former chairwoman of the Democratic National Committee, was seven months late disclosing a family stock sale, according to a federal financial document reviewed by Raw Story. Wasserman Schultz first appeared to violate the STOCK Act in 2021 when she was seven months late disclosing up to $60,000 of her and her dependent child’s stock purchases …

Democratic senator keeps breaking conflicts-of-interest law over and over and over again
1 year, 5 months ago

Democratic senator keeps breaking conflicts-of-interest law over and over and over again

Raw Story  

Members of Congress keep struggling to comply with a decade-old financial disclosure and transparency law — the latest, two federal lawmakers who were late reporting stock and U.S. Treasury transactions. “Senator Carper is working with the Ethics Committee so he can fully resolve the matter.” The STOCK Act — passed in 2012 to stop insider trading, curb conflicts-of-interest and enhance …

‘How can we trust her?’: Florida congresswoman violates same financial law she blasted rival for breaking
1 year, 6 months ago

‘How can we trust her?’: Florida congresswoman violates same financial law she blasted rival for breaking

Raw Story  

Rep. Maria Elvira Salazar, the Florida congresswoman who blasted her Democratic predecessor for violating a federal conflicts-of-interest and financial disclosure law, appears to have broken the same law herself. This isn’t Salazar’s first STOCK Act slip-up: Just last year, Insider reported that Salazar was more than two months late in disclosing $500,000 in stock of senior healthcare services company, Cano …

‘It just strains credibility’: Washington state congressmen struggle to comply with conflicts-of-interest law
1 year, 6 months ago

‘It just strains credibility’: Washington state congressmen struggle to comply with conflicts-of-interest law

Raw Story  

A Washington state congressman is the latest lawmaker to violate a federal conflicts-of-interest and financial disclosure law by failing to properly report up to $765,000 in personal stock transactions, according to a Raw Story analysis of federal financial documents. His appointments include: House Select Committee on Strategic Competition between the United States and the Chinese Communist Party House Committee on …

Busted: These 6 members of Congress violated a federal conflicts-of-interest law
1 year, 7 months ago

Busted: These 6 members of Congress violated a federal conflicts-of-interest law

Raw Story  

At least six more members of Congress have violated the STOCK Act by failing to disclose transactions — up to $376,280 collectively — within a 45-day federal deadline, according to a Raw Story analysis of congressional financial documents. Rep. Zoe Lofgren, who last year led Democratic House leadership’s self-aborted effort to ban congressional stock trading, violated the STOCK Act with …

Pelosi lieutenant who sponsored congressional stock ban bill just violated the STOCK Act
1 year, 7 months ago

Pelosi lieutenant who sponsored congressional stock ban bill just violated the STOCK Act

Raw Story  

Rep. Zoe Lofgren, who last year led Democratic House leadership’s self-aborted effort to ban congressional stock trading, just became the latest lawmaker to violate the STOCK Act with up to $265,000 in late financial disclosures, according to a Raw Story analysis of financial records. Lofgren in September introduced the Combatting Financial Conflicts of Interest in Government Act, which would ban …

‘I mistakenly left it in draft’: Republican violates STOCK Act with up to $5 million in late disclosures
1 year, 7 months ago

‘I mistakenly left it in draft’: Republican violates STOCK Act with up to $5 million in late disclosures

Raw Story  

Rep. Dan Bishop is the latest federal lawmaker to violate the STOCK Act by failing to properly disclose purchasing up to $5 million in U.S. Treasury notes, according to a Raw Story analysis of congressional financial disclosures. The disclosure said, “The submittal of this report is late because I mistakenly left it in draft and failed to submit when originally …

Democratic Rep. Seth Moulton violated the STOCK Act with 'embarrassing' late disclosures
1 year, 10 months ago

Democratic Rep. Seth Moulton violated the STOCK Act with 'embarrassing' late disclosures

Raw Story  

Rep. Seth Moulton, who briefly ran for president during Election 2020, has violated a federal conflicts-of-interest and transparency law by improperly disclosing two of his wife's stock trades, a Raw Story analysis of congressional financial disclosures indicates. Moulton should have disclosed the stock trades 45 days after the trades were made — in early autumn, according to the Stop Trading …

A Democratic congressman who says Congress shouldn’t trade stock violated existing stock trade law
1 year, 10 months ago

A Democratic congressman who says Congress shouldn’t trade stock violated existing stock trade law

Raw Story  

Count Democratic Rep. Gerry Connolly among a growing number of federal lawmakers bent on banning themselves from trading individual stocks. Connolly’s Dec. 6 trades involve sales of stock in power generation company Dominion Energy Inc., technology and engineering company Leidos and information technology firm Science Applications International Corporation. “I want to do socially responsible mutual funds.” Connolly said he submitted …

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