Jasmine Crockett Faces Ethics Complaint for Undisclosed Stock Holdings
Representative Jasmine Crockett (D., Texas) may face legal issues for not disclosing her ownership of stock in at least 25 companies on her congressional financial disclosures, according to a complaint reported by the Washington Free Beacon.
Stock Portfolio Discrepancies
As a Texas state legislator, Crockett disclosed owning stocks in 28 companies during 2021, covering industries such as pharmaceuticals, fossil fuels, technology, automobiles, and marijuana. However, she failed to report 25 of those stocks in her congressional disclosures for the same year.
Some of the omitted stocks belonged to companies that could benefit from legislation she introduced in Congress, raising concerns about potential conflicts of interest.
Complaint Filed by Nonpartisan Watchdog Group
The Foundation for Accountability and Civic Trust (FACT) submitted a complaint to the Office of Congressional Conduct, asserting that Crockett’s incomplete disclosures may violate the Ethics in Government Act.
“When Members of Congress fail to accurately and fully disclose their financial interests, it undermines the integrity of our government and erodes the public’s trust,” said FACT executive director Kendra Arnold.
Under this law, politicians who knowingly file false financial disclosures risk imprisonment.
Summary
Jasmine Crockett is under scrutiny for concealing a significant portion of her stock holdings, risking potential ethics violations and legal consequences.
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