Ethics Watchdog Finds ‘Substantial’ Evidence Rep. Malinowski Does Not Disclose Stocks

The Office of Congressional Ethics (OCE), an independent watchdog, said in a report released Thursday that it had found “substantial reason to believe” the representative. Tom malinowskiThomas (Tom) Malinowski US Chamber targets more House Democrats with ads opposing Bill .5T (DN.J.) did not disclose stock transactions in accordance with ethical rules and federal law.

The OCE, which investigates allegations of wrongdoing by a lawmaker and refers them to the House Ethics Committee, said Malinowski failed to timely report hundreds of stock transactions between January 2019 and May 2021.

Malinowski admitted in an interview with OCE that it had been “reckless” to properly abide by the rules requiring lawmakers to file regular reports on their stock transactions.

“That’s not a justification or an excuse. You’ll hear that from me a lot today, I think. But it’s – I’ve got an extremely busy job, and that was one of the things that I knew. that I had to do, and it was important for me to – feel like I was revealing what I had to disclose to establish that there was nothing in my financial world that – that I was trying to hide, but I didn’t put enough pressure on myself to do it every 45 days, and it was – it was just reckless, ”Malinowski said, according to OCE.

The OCE noted that Malinowski was fined $ 200 for failing to follow House rules requiring lawmakers to file reports within 30 days of becoming aware of a reportable stock transaction and at later 45 days after the transaction.

Malinowski has since placed his assets in a blind trust.

The OCE forwarded its findings to the House Ethics Committee, which is still examining the issue but must make the report public some time after receiving the referral. His legal advisor is urging the House ethics committee – which has the sole power to punish or formally exonerate lawmakers – to close the case.

“Representative Malinowski has already publicly acknowledged the shortcomings of his previous financial statements, and he has taken the necessary steps both to resolve the issues with his prior statements and to ensure that such problems do not recur in the future. “Future. Accordingly, no further action on the part of the committee is warranted and this case should be dismissed,” Malinowksi’s legal adviser wrote in a letter to the chairman of the House ethics committee. Ted deutchTheodore (Ted) Eliot Deutch Overnight Health Care – Brought to you by the National Council for Mental Wellness – FDA panel advises booster of Moderna for people at high risk Congress comes to the aid of the Libyan people, passing a war crimes and torture investigation bill Ocasio-Cortez explains ‘present’ vote on Iron Dome MORE (D-Fla.) And the Republican panel ranking, Rep. Jackie WalorskiJacqueline (Jackie) R. Walorski LIVE COVER: Ways and Means Starts Day 2 on .5T Package Conservative Women’s Group Endorses Sarah Huckabee Sanders for Governor of Arkansas (Indiana.).

Two ethics complaints were filed against Malinowski earlier this year after Business Insider first reported that it failed to disclose stock transactions worth at least $ 671,000.

Malinowski is considered one of the most vulnerable House Democrats heading into the 2022 midterm election. He ousted a longtime Republican candidate in the 2018 Democratic midterm election, but did not ‘was re-elected last year by just over a point.

The House Ethics Committee also released OCE reports regarding allegations of misconduct by three other lawmakers: Reps. Mike KellyGeorge (Mike) Joseph Kelly House Ethics Panel reviewing Stock Transactions of Representative Malinowski World of Lobbying World of Lobbying MORE (R-Pa.), Jim HagedornJames Lee HagedornHouse Ethics Committee reviewing Stock Transactions of Representative Malinowski Minnesota Congressman Announces Kidney Cancer Resurfaced READ: Republicans Who Voted To Challenge Election Results MORE (R-Minn.) And Alex mooneyAlexander (Alex) Xavier Mooney Two GOP incumbents vow to run for redesigned West Virginia District House Ethics Committee reviewing stock transactions of Representative Malinowski 14 Republicans vote against resolution condemning military coup in Myanmar PLUS (RW.Va.). The panel is also still reviewing these OCE references.

The OCE found “substantial reasons to believe” that Hagedorn allocated nearly $ 500,000 in official funds to businesses owned by its employees and enjoyed free or below-market use of office space. donor for his campaign.

The OCE said it “sought the cooperation of Representative Hagedorn in examining these issues, but declined to participate.”

Hagedorn’s legal counsel said in a statement to the House Ethics Committee that the Minnesota Republican “self-declared” the allegation regarding funds benefiting companies owned by his employees in 2020. His counsel also said that “he had been targeted in front of the Federal Election Commission by leftist groups” and his campaign no longer uses the post office box cited in the OCE report regarding his campaign office space.

The OCE found that Hagedorn’s office spent at least $ 453,686 printing prepaid mail to voters in 2019 and 2020. Hagedorn’s office paid a Texas-based company and a Delaware-based company for them. services, and these companies were later found to be related to a member of the digital media staff as well as the brother of the lawmaker’s chief of staff.

In Kelly’s case, the OCE report alleges that his wife bought shares between $ 15,000 and $ 50,000 in an iron ore mining company in 2020, based on confidential information that Representative Kelly learned from official duties.

Kelly had urged the Trump administration to investigate foreign steel imports that threatened the business in his district. The OCE discovered that Kelly’s wife bought the shares the day after he was told the Commerce Department would be opening an investigation that could benefit the company.

Kelly said in response to press inquiries about the stock purchase that his wife “has made a small investment to show her support for the workers and management of this century-old plinth in their hometown.”

Mooney, meanwhile, allegedly used campaign funds for fast food meals and trips to his district which the OCE said were “of a personal nature.”

Mooney said in an interview with OCE that he justified charging his campaign for meal expenses “usually when I visit constituents”, although this is not necessarily expected.

“So if you – let’s say you go to Chick-Fil-A and blame it on the campaign, the rationale for that, being that there are voters in Chik-Fil-A that you spoke to?” Asked an OCE investigator.

“Yes. Yes, I was meeting voters,” Mooney replied, according to the OCE report.

Meal expenses incurred while traveling or meeting for business purposes can be charged against a campaign, but not if they are not related to a specific campaign objective. The OCE said Mooney’s campaign has made at least 220 disbursements for apparent fast food meals totaling $ 3,475 since 2017.

“While a portion of these meal expenses may have been linked to a campaign or political meetings or have taken place while the individual was in fact traveling, Representative Mooney’s clear belief that individual daily meals can to be paid by the campaign indicates that a large part falls into the category of prohibited, ”the OCE said in its report.

Mooney’s attorney informed the OCE that he had identified expenses “for which the Mooney representative did not have sufficient documentation to justify the initial expenses.” Mooney ultimately paid back about $ 12,000 to his campaign.


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