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mucifer

(23,569 posts)
Sat Jul 31, 2021, 08:59 AM Jul 2021

3 GOP lawmakers face ethics complaints for failing to disclose $22 million in stock trades

This discussion thread was locked as off-topic by Omaha Steve (a host of the Latest Breaking News forum).

Source: Salon

hree Republican lawmakers were accused of violating a federal ethics law through their prolific stock trading, according to complaints filed by a watchdog group Friday.

Sen. Tommy Tuberville and Reps. Pat Fallon and Blake Moore all reportedly failed to disclose dozens of trades worth up to $22 million within the 45 days mandated by a 2012 law called the STOCK Act, which was intended to fight conflicts of interest by lawmakers.

"When members of Congress trade individual stocks and fail to disclose those trades, they break the law and diminish the public's trust in government," the complaints, filed by the nonpartisan Campaign Legal Center, say. The organization also wrote that a recent spate of stock-related misconduct shows that the STOCK Act is not working as intended — indeed, fines for missing required filing deadlines are as low as $200 and more serious lapses are rarely forwarded to the Department of Justice or the Securities and Exchange Commission for criminal investigation.

As Salon reported earlier this month, Fallon also dumped $250,000 worth of Microsoft stock just weeks before the company's high-profile cloud computing deal with the Pentagon, valued at up to $10 billion, was abruptly cancelled. He sits on the House Armed Services Committee's brand new Subcommittee on Cyber, Innovative Technologies, and Information Systems, which has oversight over the deal in question, known as the Joint Enterprise Defense Infrastructure (JEDI) contract.

Read more: https://www.salon.com/2021/07/30/3-gop-congressmen-face-ethics-complaints-for-failing-to-disclose-22-million-in-stock-trades/

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3 GOP lawmakers face ethics complaints for failing to disclose $22 million in stock trades (Original Post) mucifer Jul 2021 OP
More GOP criminals.... Diamond_Dog Jul 2021 #1
"Ethics? What are those?", asks the GQP. sinkingfeeling Jul 2021 #2
Ethics are something MurrayDelph Jul 2021 #8
Cheating and lying is OK if you are a republican Champp Jul 2021 #3
Ethics Smetics Where Are THe Consequences Me. Jul 2021 #4
and nothing will happen to them Sherman A1 Jul 2021 #5
Wonder what ideas Elizabeth Warren might have to combat KS Toronado Jul 2021 #6
Grifters cashing in. AND all GOOD republicans? No, can't be. ffr Jul 2021 #7
"But...but...why even run for Congress if you can't enrich yourself MineralMan Jul 2021 #9
GOP attitude is $200 fine is worth it to get hundreds of thousands in profits IronLionZion Jul 2021 #10
Yes DENVERPOPS Jul 2021 #12
Good ol boy turdville didn't wait long to start profiting from his office. Crooked scumbag. Comfortably_Numb Jul 2021 #11
After a review by forum hosts....LOCKING Omaha Steve Jul 2021 #13

Diamond_Dog

(32,090 posts)
1. More GOP criminals....
Sat Jul 31, 2021, 09:28 AM
Jul 2021

Rules and laws are only for “ the little people”.

sinkingfeeling

(51,474 posts)
2. "Ethics? What are those?", asks the GQP.
Sat Jul 31, 2021, 09:37 AM
Jul 2021

MurrayDelph

(5,301 posts)
8. Ethics are something
Sat Jul 31, 2021, 12:10 PM
Jul 2021

the Republicans only believe in when they can e weaponize them against Democrats.

Champp

(2,114 posts)
3. Cheating and lying is OK if you are a republican
Sat Jul 31, 2021, 09:39 AM
Jul 2021

Republicans have bumwipe ethics and values. But they beat their chests in public as if they were actually living up to Christ's ideals. Such sickening hypocrisy will earn them Eternal Extreme Sucky Damnation in the Dreadful and Discombobulating Firey Pit of Hell, according to many experts who say many things and who claim they know about these kinds of things in particular.

Me.

(35,454 posts)
4. Ethics Smetics Where Are THe Consequences
Sat Jul 31, 2021, 10:56 AM
Jul 2021

Sherman A1

(38,958 posts)
5. and nothing will happen to them
Sat Jul 31, 2021, 11:01 AM
Jul 2021

beyond a sternly worded letter....

KS Toronado

(17,342 posts)
6. Wonder what ideas Elizabeth Warren might have to combat
Sat Jul 31, 2021, 11:05 AM
Jul 2021

congress people from inside trading?

ffr

(22,672 posts)
7. Grifters cashing in. AND all GOOD republicans? No, can't be.
Sat Jul 31, 2021, 11:45 AM
Jul 2021

MineralMan

(146,333 posts)
9. "But...but...why even run for Congress if you can't enrich yourself
Sat Jul 31, 2021, 12:17 PM
Jul 2021

after you win. Unfair! Unfair! I've been cancelled!" So say those Republiqans.

IronLionZion

(45,534 posts)
10. GOP attitude is $200 fine is worth it to get hundreds of thousands in profits
Sat Jul 31, 2021, 12:30 PM
Jul 2021

and for wealthy douchebags like Kelly Loeffler and Richard Burr, their profits were in the millions.

DENVERPOPS

(8,845 posts)
12. Yes
Sat Jul 31, 2021, 12:44 PM
Jul 2021

Those two are just the tip of the iceberg.........and to think Martha got prison time for just a measly 50K...............

Comfortably_Numb

(3,827 posts)
11. Good ol boy turdville didn't wait long to start profiting from his office. Crooked scumbag.
Sat Jul 31, 2021, 12:35 PM
Jul 2021

Omaha Steve

(99,733 posts)
13. After a review by forum hosts....LOCKING
Sat Jul 31, 2021, 02:08 PM
Jul 2021

Sorry but this was a little OVER 12 hours old when posted.

Post the latest news from reputable mainstream news websites and blogs. Important news of national interest only. No analysis or opinion pieces. No duplicates. News stories must have been published within the last 12 hours. Use the published title of the story as the title of the discussion thread.


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