Jasmine Crockett Faces Ethics Complaint Over Hidden Stock Holdings
A nonpartisan watchdog group has filed a formal ethics complaint against Representative Jasmine Crockett (D., Texas), alleging that she failed to disclose ownership of stocks in at least 25 companies in her congressional financial reports. The investigation suggests possible violations of the Ethics in Government Act.
Undisclosed Stock Portfolio
According to documents obtained by the Washington Free Beacon, Crockett previously reported owning stakes in 28 firms during the 2021 calendar year while serving as a Texas state lawmaker. These stocks included investments in pharmaceutical, fossil fuel, technology, automotive, and marijuana industries. However, 25 of these holdings were omitted from her congressional disclosures for the same year.
Potential Legal Consequences
The Foundation for Accountability and Civic Trust (FACT) submitted a complaint to the Office of Congressional Conduct. The group claims that Crockett’s incomplete disclosures may amount to a breach of the Ethics in Government Act, which requires full and accurate reporting of financial assets by members of Congress.
"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.
Context and Implications
Failure to comply with the law can carry severe penalties, including prison time for knowingly submitting false financial statements. Crockett’s omissions reportedly involve companies that might benefit from bills she has introduced in Congress, raising further ethical concerns.
Author’s Summary: A watchdog accuses Rep. Jasmine Crockett of concealing extensive stock holdings, potentially violating ethics laws and eroding public trust in congressional transparency.