All posts tagged "Disclosure"

One month after President Donald Trump took office in 2017, Republican Rep. Rick Allen (R-GA) purchased up to $15,000 in stock in an agrochemical corporation — Monsanto — that no longer exists as an independent company.

But it wasn’t until six-and-a-half years later — on Aug. 10 — that Allen properly reported the transaction as a federal conflicts-of-interest law requires.

And the Monsanto trade was just one of 136 stock and other financial transactions — totaling between $3.05 million and $8.56 million — that Allen failed to properly report, according to an exclusive Raw Story analysis of federal financial disclosures....

Freshman Rep. Dan Goldman (D-NY), heir to the Levi Strauss fortune and one of Congress’ wealthiest members, has sold tens of millions of dollars worth of personal stocks and bonds, a new federal financial disclosure indicates.

The massive sell-off appears to position Goldman to finally make good on a delayed campaign promise: to create a congressionally approved “qualified blind trust” for his copious assets and shield himself from financial conflicts of interest, be they real or perceived.

Goldman’s office on Monday confirmed to Raw Story that the stock and bond sales are part of the process of entering into a blind trust, which will be finalized “imminently”. Goldman’s office declined further comment....

Republican presidential candidate Florida Gov. Ron DeSantis earned at least $1.1 million from his new book, more than tripling his personal wealth from last year, according to a new federal disclosure filing.

DeSantis’s book, “The Courage to Be Free: Florida's Blueprint for America's Revival,” earned him between $1.1 million and $6 million in combined royalties and advances, according to the public financial disclosure report released Monday, which confirmed DeSantis’s income boost that Insider reported from his separate Florida Commission on Ethics filing last month.

In 2022, DeSantis’ net worth was less than $319,000, according to Insider, meaning that DeSantis more than tripled his wealth with the book income, adding to his State of Florida salary ranging between $100,000 to $1 million, according to the federal filing. DeSantis’s governor’s salary was previously reported at $141,400.20....

Florida Gov. Ron DeSantis requested — and the Federal Election Commission granted — more time for the newly minted presidential candidate to reveal details about his personal finances.

“We are requesting an extension to file Governor DeSantis' financial disclosure until July 1, 2023. The Governor has a financial disclosure due to the Florida Commission on Ethics on July 1, 2023 and the additional time will help ensure accuracy and consistency,” said a letter from Charlie Spies of Dickinson Wright PLLC, who is counsel for the governor and the DeSantis for President campaign.

Lisa J. Stevenson, acting general counsel at the FEC, granted him a 17-day extension through July 1, according to a June 6 letter. ...

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.

The majority of the late disclosure dollars came from Rep. Jonathan Jackson (D-IL) who was late in disclosing up to $300,000 in stock transactions from a joint trust.

He is joined by five other lawmakers who were late in disclosing transactions in the $1,000-to-$15,000 range: Rep. Debbie Dingell (D-MI), Rep. Russ Fulcher (R-ID), Rep. Marcy Kaptur (D-OH), Rep. Deborah Ross (D-NC) and Rep. John Sarbanes (D-MD). ...