All posts tagged "Zoe Lofgren"

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...

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....

Rep. Maria Elvira Salazar, the Florida congresswoman who blasted her Democratic predecessor for violating a federal conflicts-of-interest and financial disclosure law, appears to have broken the same law herself.

Again.

Salazar, a Republican, was late in disclosing her spouse’s $1,001 to $15,000 sale of stock in Florida renewable energy company, NextEra Energy Partners — an apparent violation of the Stop Trading on Congressional Knowledge (STOCK) Act, according to a Raw Story review of federal financial disclosures. ...

A dozen lawmakers have now violated a federal conflicts-of-interest and financial disclosure law in 2023 — the latest a Republican representative from Nebraska, according to a Raw Story analysis of congressional financial documents.

Rep. Adrian Smith (R-NE) was more than a year late disclosing some of his wife’s purchases of stock in CarterBaldwin, an executive search firm, according to a new congressional financial disclosure.

By law, Smith had 45 days to publicly report his wife’s purchases, all made between January 2022 and February 2023 and together valued between $3,003 and $45,000. (Federal lawmakers are only required to disclose the value of such stock purchases in broad ranges.) ...

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). ...