Posted on 08/25/2009 5:54:23 PM PDT by Sub-Driver
Rangel discloses $660K more in assets By: John Bresnahan August 25, 2009 08:05 PM EST
New financial disclosure reports filed by Rep. Charlie Rangel (D-N.Y.) show that the veteran lawmaker failed to report more than $660,000 in assets during 2007, a potential violation of House ethics rules.
Rangel, chairman of the powerful House Ways and Means Committee, also had previously stated that he sold a Florida condominium in 2007, but an amended report covering that year – filed in mid-August – now makes no mention of that transaction. It appears that Rangel no longer owns the condo as it is not listed on his 2008 financial report, filed last month.
The latest revelations on Rangel’s personal finances may prove problematic for the New York Democrat, who is already the target of a wide-ranging ethics investigation. That probe, which Rangel and House Democratic leaders had hoped would last a few months, is now coming up on its one-year anniversary.
The ethics panel is looking into Rangel’s use of several rent-stabilized apartments in a luxury Harlem apartment building, his failure to fully pay taxes on a vacation home in the Dominican Republic, and the lawmaker’s fundraising on behalf of the Charles B. Rangel Center for Public Service at City College in New York City.
The ethics committee recently broadened the Rangel investigation to include Caribbean trips taken by Rangel and four other lawmakers. The panel is seeking to determine if the trips complied with the House’s ban on corporate-funded travel.
Rangel has repeatedly denied any wrongdoing, but the new financial-disclosure reports for 2007 show at least $662,000 in previously undeclared assets held by the lawmaker.
(Excerpt) Read more at politico.com ...
Must have been flippin’ the sofa cushions.
Rounding error!
It makes me sick that the laws don’t apply to black legislators. What a farce......
they will do nothing to him yet again .........
I read that Rangel has a gigantic slush fund from lobbyists, the biggest in Congress, because he is head of Ways and Means. All industries are afraid of him.
Charlie Rangel’s corruption hurts my soul.
Please NEW YORKERS - RANGEL is SO obviously and completely CORRUPT!
NY and the Nation - deserve much better than this con man.
Please - VOTE - RANGEL OUT! and elect someone who actually “represents” your state and the national interests (rather just than his own).
How LONG must you let this pathetic crook give NY and the Nation the bird?
VOTE HIM OUT!
So easy to forget about $660K in assets. (/sarcasm)
Heck with voting him out.
Make more noise, get this story some legs and Congress will have to toss him out...into the pokey.
/pipedream
House ethics = Jumbo shrimp = Oxymoron
Is that $600K in your pocket or are you just glad to see me? - It's $600K
Charlie Rangle
He sounds like a mobster.
...and acts like one too.
The only way anything is gonna happen to Rangel is if the GOP can retake the house next year, only then will you see Rangel’s sweat break.
someone needs to check under ol’ charlie’s mattress.
oh ye, it happens to me alllll the time!
How is it that ALL of these folks get rich when they go up there? I mean, I would FEEL rich making what a senator or congressmen makes, it would triple our usual salary, but ANOTHER 660k? While a senator? We have to bring our folks HOME and let them vote and debate by TELECONFERENCE. Enough sending people to Washington!
” failed to report more than $660,000 in assets during 2007, a potential violation of House ethics rules.”
And what about previous years? 06, 05, 04, ? How far back does this “failure to report” go? Eh?
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