All posts tagged "Glenn Grothman"

A Republican lawmaker commented that Congress could make more of an effort to help out wealthy Americans, The Independent reported on Friday.

Trump loyalist Rep. Glenn Grothman (R-WI) was speaking Thursday at a panel in Troy, Michigan, with other leaders when he made the remark, according to The Independent. The conversation turned to the president's Big, Beautiful Bill and the needs of "the average guy," when Grothman changed the direction.

"Don’t let anybody tell you that people running, uh, Congress right now are looking out for the rich," he said. "Actually, I think we should do a little more for them, but, you know, right now, uh, we are doing all we can to help the middle class, right?"...

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.

ALSO READ: 8 ways convicted felon Donald Trump doesn't become president...

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....

WASHINGTON — Republicans can’t stop thinking about Rep. Alexandria Ocasio-Cortez (D-NY). They see her everywhere — including in the sheen of their recently retired green congressional pins.

Turns out, when Republicans see green these days, they see a flash of Ocasio-Cortez and the Green New Deal she’s championed. That proved to be the driving reason behind why the GOP-controlled House of Representatives scrapped the official congressional lapel pin — which help Capitol Police officers quickly identify lawmakers — during the 118th congressional session.

“I hated the color,” Rep. Ralph Norman (R-SC) — while rocking a large defund the World Health Organization button — told Raw Story while walking across the Capitol grounds. “It reminded me too much of the Green New Deal.” ...

Since Jan. 1, at least 37 members of 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.

The most significant violator clocked in as much as six-and-a-half years late when reporting up to $8.5 million in stock transactions — Rep. Rick Allen (R-GA). Another lawmaker was just a couple days late but still logged up to $165,000 in late stock disclosures — Rep. John Curtis (R-UT). Between them are numerous other Republicans and Democrats alike who have consistently failed to abide by the STOCK Act....

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.

For the third time in 14 months, Sen. Tom Carper (D-DE) missed a 45-day disclosure deadline imposed by the Stop Trading on Congressional Knowledge (STOCK) Act.

Carper was as much as two weeks late in reporting his spouse’s U.S. Treasury bill purchases and sales totaling up to $345,000, as well as a PayPal stock sale up to $15,000, according to a June 30 federal financial report reviewed by Raw Story. The STOCK Act only requires legislators to disclose their own, their spouse’s and dependent children’s transactions in broad ranges. ...