All posts tagged "David Trone"

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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A wealthy Democratic congressman violated federal law by tardily disclosing tens of millions of dollars in government securities and stock trades — nearly a year late in some cases, according to a new congressional financial filling.

Rep. David Trone (D-MD) reported 28 transactions involving short-term U.S. Treasury bills and a stock sale, valued between $21.65 million and $97.35 million total.

The transactions took place between April 18, 2023 and November 16, 2023, some nearly a year past a federally mandated 45-day financial disclosure deadline....

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

Self-funded Republican congressional candidates outpaced and outnumbered their Democratic counterparts in 2023, an OpenSecrets analysis found. Thirty-six Republican candidates poured more than $53.5 million of their personal fortunes into their campaigns, while 14 Democrats self-funded over $39 million.

Altogether, candidates poured nearly $94 million into self-funding their campaigns in 2023, according to reports available through Feb. 22. This is slightly less than the $118 million that candidates had self-financed at the same point in the 2022 election cycle. ...