All posts tagged "Bill Keating"

At least 62 members of 118th Congress have violated a federal insider trading and conflicts-of-interest law, a Raw Story analysis of congressional financial disclosures reveals.

Most of these violations involve failures to properly disclose stock trades as required by the Stop Trading on Congressional Knowledge (STOCK) Act of 2012. Some involve not abiding by the transparency and personal financial disclosure requirements first outlined in the STOCK Act's post-Watergate predecessor, the Ethics in Government Act of 1978.

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WASHINGTON — Rep. Bill Keating (D-MA), a member of the U.S. House Armed Services Committee, dumped up to $65,000 worth of investments in defense contractor Boeing at a time when the company faces federal scrutiny over its aircraft safety protocols and manufacturing quality.

On Feb. 8, Keating sold a Boeing corporate note valued at between $15,001 and $50,000, and on Feb. 28, sold Boeing stock shares valued at between $1,001 and $15,000, according to a federal disclosure submitted this week to the Clerk of the House of Representatives and reviewed by Raw Story.

The House Armed Services Committee on which Keating sits “retains exclusive jurisdiction for defense policy generally, ongoing military operations, the organization and reform of the Department of Defense” and other military-focused responsibilities....

A Republican congressman violated a federal financial disclosure law by reporting two cryptocurrency purchases as much as a month past a mandatory deadline, a Raw Story review of congressional documents indicates.

Rep. Mike Collins (R-GA) reported two purchases of Ethereum cryptocurrency, each valued between $1,001 to $15,000.

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A Michigan congresswoman has purchased stock in a medical devices technology company while serving on House subcommittees with oversight on health and technology, according to a Raw Story analysis of federal financial records.

Rep. Debbie Dingell (D-MI) purchased on Dec. 5 between $15,001 and $50,000 worth of stock in Medtronic, one of the largest medical device companies with products used for a range of procedures and treatments from general surgery to cardiovascular to diabetes. Her 2022 annual report filed May 15 also noted $1,001 to $15,000 worth of Medtronic stock in a retirement account.

Dingell serves on the House Committee on Energy and Commerce and its subcommittees on communications and technology; health; and innovation, data and commerce. She is the third ranking member of the innovation, data and commerce subcommittee and fifth ranking member of the health subcommittee, according to legislation tracker BillTrack50....

Another member of a congressional armed services committee has personally invested in the stock of a major U.S. defense contractor that received more than $1.7 billion in government contracts — just last month.

Sen. Markwayne Mullin (R-OK) purchased between $15,001 and $50,000 in stock in Raytheon on Sept. 13, according to new congressional personal financial disclosure filings. Raytheon was awarded more than $1.7 billion in contracts in September, according to a Raw Story analysis of contract announcements from the Department of Defense.

Mullin serves on the U.S. Senate Committee on Armed Services, which has jurisdiction over areas such as “aeronautical and space activities peculiar to or primarily associated with the development of weapons systems or military operations; common defense; Department of Defense, the Department of the Army, the Department of the Navy, and the Department of the Air Force,” according to its website....