Four Members of Congress Accused of Violating STOCK Act
Ethics Watchdog Alleges Late Filings
A nonpartisan ethics watchdog has accused four members of Congress, including John Fetterman (D-PA), of violating the STOCK Act by filing late financial disclosures.
Ruben Gallego Faces Scrutiny Amidst Senate Race
One of the accused is Ruben Gallego (D-AZ), who is currently running for the U.S. Senate against election denier Kari Lake.
Potential Consequences of Violations
Violations of the STOCK Act can result in fines of up to $200 per day, per violation. The Act requires members of Congress to disclose any stock trades within 45 days of the transaction.
Other Accused Members
In addition to Fetterman and Gallego, two other members of Congress have been accused of violating the STOCK Act: Ron Kind (D-WI) and Mike Kelly (R-PA).
Details of the Allegations
According to the ethics watchdog, Citizens for Responsibility and Ethics in Washington (CREW), the four members of Congress failed to timely disclose stock trades worth tens of thousands of dollars.
Calls for Investigations
CREW has called for the House and Senate Ethics Committees to investigate the allegations. The committees have not yet announced any plans for investigations.
Impact on the 2022 Election
The allegations come at a crucial time in the 2022 midterm elections. The outcome of the investigations could potentially affect the outcome of some races.
Sources
- NPR: John Fetterman Violates Financial Law With Botched Corporate Bond Disclosures
- CREW: CREW Files Ethics Complaints Against Congressmen Gallego, Fetterman, Kelly, and Kind for Violating STOCK Act
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