Posted on 04/12/2021 2:06:19 PM PDT by MarvinStinson
More financial problems for House Democrats are piling up as Democrat Congressional Campaign Committee chairman Rep. Sean Patrick Maloney (D-NY) failed to report a series of stock trades he made on time, a potential violation of federal law.
After Maloney’s mother died, he inherited significant shares in several major companies from her “including those of Apple, Microsoft, alcohol conglomerate Diageo PLC, and investment management company BlackRock” for a total value of $11,051. In June of last year Maloney sold the stocks but he did not publicly disclose their sale until last week.
“That’s a potential problem because federal law mandates that members of Congress publicly disclose stock trades in a ‘periodic transaction report’ within 30 to 45 days of making a trade, depending on the kind of trade,” Business Insider noted.
Filing late, as Maloney did, can expose a member of Congress to ethics investigations and potential fines.
These revelations about Maloney’s mishandling of his financial disclosures come as he faces a tough reelection in New York’s 18th congressional district. s.
“House Democrats chose an incompetent crook to lead their campaign arm,” NRCC spokeswoman Samantha Bullock said.
(Excerpt) Read more at breitbart.com ...
— Bill Clinton
Hey, dontcha know, democrats don’t have to follow no stinkin rules or laws, especially democrat politicians.
Somehow, Trump is at fault for this.
By and large, Dems are dishonest.
But 11K in inherited stock is a nothing burger. It doesn’t signify corruption or influence, IMHO.
— Bill Clinton
BUT THEY MIGHT CATCH A CROOK
Nuthin' to see here . . . move on . . .
That’s not much of an inheritance.
“House Democrats chose an incompetent crook to lead their campaign arm,” NRCC spokeswoman Samantha Bullock said.
“All the investigations in the world won’t feed a hungry child.”
***
and neither will a baker’s dozen of bl*w j*bs. (.^ quack
“$11,051.”
And the supposed wrongdoing is just not reporting it. Not that it’s ill gotten gains.
Seriously. You’d better have more than this to move the needle on anyone’s outrage meter.
$11,000 dollars of stacks that trade at an average of between $150 and $250 a share hardly amounts to a “significant” number of shares. How petty can people get? His mother died and willed it to him. The value of the inheritance is only slightly above the value of a non-reportable gift for crying out loud.
Every DemonRAT is a criminal. Every one.
It’s a characteristic of the criminal mind. When criminals take over an area they push all of the honest people out and fill the area with other criminals. This is what happened to the DemonRATs and the FBI, ATF, etc. Only criminals are allowed in high positions. No one decent with a conscience is allowed.
Silly Breitbart. He’s a Democrat therefor he cannot be guilty.
According to the author it’s significant. What a tool.
Since WHEN have Democrats ever been held accountable for breaking the law?
Really, people. This is five and dime, and probably forgotten in the wake of losing a mother.
There’s plenty of seven, eight, and nine figure corruption out in the open already.
That’s not much of an inheritance.
—
That’s what I thought. 11K? Eh. There are way bigger fish to fry.
It's a "potential" violation of federal law because he's a Democrat.
It would have been an absolute violation of federal law if he were a Republican, and an ethics charge would have been filed immediately.
-PJ
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