All posts tagged "Kelly Loeffler"

But what about Donald Trump’s Truth Social stock?

The former president’s massive financial assets were a primary concern of Sen. Mitt Romney (R-UT) during a Senate Committee on Homeland Security and Governmental Affairs debate Wednesday over whether Congress should ban federal lawmakers — and presidents — from owning and trading stocks and other investments.

“We don't want people in Congress trading stocks, playing the stock market. That's, if you will, the sheep's clothing over this wolf piece of legislation,” Romney said at the meeting. “What you're not talking about is that this has been drafted in a way that is really quite thoughtless, which is it requires divestiture for people who want to become a congressperson or president or vice president.”...

A federal agency fined a Democratic senator’s campaign committee $27,000 for the untimely resolution of excessive contributions, according to a Raw Story review of federal campaign records.

The campaign committee for Sen. Jon Ossoff (D-GA) must pay the civil penalty by March 8 related to the issue of “failing to remedy excessive, prohibited and other impermissible 2020 general and runoff election contributions, totaling $363,272.43, within the permissible timeframe,” according to a Feb. 14 letter from the Federal Election Commission.

The negotiated settlement and letter addressed to attorney Graham M. Wilson, representing Jon Ossoff for Senate and its treasurer, Steven Mele, stated that the campaign resolved all donation issues by issuing refunds — just not by federal deadlines....

Members of Congress keep messing up — over and over and over again — in failing to abide by an 11-year-old financial disclosure and conflicts-of-interest law.

And the habitual lack of compliance with the Stop Trading on Congressional Knowledge (STOCK) Act — dozens of lawmakers have violated its disclosure provisions during the past three years, often offering tortured excuses — is eroding the public’s trust, one of the law’s original authors tells Raw Story.

“I mean, come on. ‘The dog ate my homework,’ aren’t we a little more grown up than that?” said former Rep. Brian Baird (D-WA). “If we're capable of voting on whether or not to raise or lower taxes or send people to war, I think we can report when we make an investment.”...