All posts tagged "Tom Carper"

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...

Members of Congress are on a summer stock shopping spree — and still violating a financial disclosure law — amid a reinvigorated movement to ban congressional stock trading.

Three members of the House of Representatives appear to have violated the Stop Trading on Congressional Knowledge (STOCK) Act this week by filing required reports late — some as much as two years past a federally mandated deadline.

From Speaker Emerita Nancy Pelosi (D-CA) to Rep. Marjorie Taylor Greene (R-GA), more than a dozen other members of Congress continue trading stocks and securities, even in the immediate two weeks after the Ending Trading and Holdings in Congressional Stocks (ETHICS) Act passed out of the Senate Committee on Homeland Security. ...

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....

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....

A Democratic congresswoman from North Carolina with a history of more than 50 late stock disclosures appears to have violated a decade-old federal transparency and conflicts-of-interest law.

Again.

Rep. Kathy Manning (D-NC) reported purchasing $29,122 worth of stock in investment management company Blackstone Inc. on June 10, 2022, jointly with her husband — more than a year late, according to an Aug. 2 federal filing reviewed by Raw Story....

Democratic candidates and committees have received nearly as much money as Republicans from the political action committee for Fox Corporation — parent company of Fox News, according to a mid-year report filed with the Federal Election Commission on Monday.

FOX PAC reported disbursing nearly $232,000 during the first half of 2023. Of that amount, about $112,000 went to Democratic Party interests, with Democratic candidates receiving $62,000 in donations and committees and PACs primarily supporting Democratic candidates receiving another $50,000, the records indicate.

Democratic candidates receiving funds from FOX PAC so far this year are:...