NEW: Democratic Rep. Jamie Raskin of Maryland violated a federal conflict-of-interest law by failing to properly disclose stock shares his wife received for advising a Colorado-based financial technology trust company. by @leonardkl @thisisinsider
businessinsider.com/democratic-rep…
The congressman disclosed information about the sale of Reserve Trust stock eight months after Sarah Bloom Raskin dumped the stock in late 2020 for $1.5 million, an Insider analysis of federal records indicates.
This violation of the Stop Trading on Congressional Knowledge Act's disclosure provisions, which exist to promote transparency and defend against financial conflicts, comes at a time of significant national attention for the Raskins.
Jamie Raskin, who acknowledged the late filing to Insider, is a prominent congressman who led Trump's 2nd impeachment trial. Sarah Bloom Raskin is Biden's nominee to fill the position of the gov's most powerful banking regulator & is set to face a key Senate panel on Thursday.
If confirmed, Sarah Bloom Raskin would become vice chairwoman of supervision at the
Federal Reserve, after having held top-level jobs at the US Treasury and the Fed during the Obama administration.
Yet she faces an uncertain confirmation path among Republicans and conservative Democrats in a narrowly divided Senate given that she has called for harsher financial regulations aimed at combating the climate crisis and supports tougher oversight on big banks.
The omission from congressional reports of the shares she held in Reserve Trust is likely to give Rs more fodder in trying to stall Biden's nominees. At least 1 conservative watchdog group is already questioning whether she used her past Fed connections to help the fintech trust.

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More from @dsamuelsohn

Jan 28
NEW: The 'grandfather of House Republicans' Newt Gingrich is very much a player for the GOP as it works on a new 'Contract with America' as part of its plan to win back the majority in 2022 - by @WARojas @ngaudiano & @leonardkl @thisisinsider businessinsider.com/newt-gingrich-…
September is Newt's preferred timeline for a big re-election rollout but he said discussions should happen now. "It's good to have an idea-oriented party — particularly if your ideas are a lot more popular than the other guy," he said.
Gingrich says he embraces every opportunity to get his messages out.

"Nothing I do is secret. ... Ninety-eight percent of my help is stuff you can pick up if you look at the podcast. And the newsletters. And I tweet."
Read 4 tweets
Jan 20
NEW: Time is running out for Biden's Justice Department to prosecute Trump for 10 possible crimes detailed in the Mueller report - by @cryanbarber @thisisinsider businessinsider.com/trump-prosecut…
A year ago Thursday, Donald Trump boarded Air Force One for the final time in his presidency and retreated to Mar-a-Lago, refusing to stand witness for the swearing-in of Joe Biden.
It was a momentous day marking the culmination of an electoral defeat Trump had pushed desperately to overturn. Now a full year out of office — and 5 years removed from his own swearing-in — Trump is closing in on anniversaries that carry more legal than political significance.
Read 10 tweets
Jan 20
NEW: Energy Secretary Jennifer Granholm violated a federal conflicts-of-interest and transparency law by improperly reporting up to a quarter-million dollars in stock sales, per a @thisisinsider analysis of financial disclosure documents. by @WARojas businessinsider.com/biden-administ…
Granholm — one of the Biden administration's highest-ranking officials whose personal finances have come under previous scrutiny — reported making nine stock trades between April 30, 2021, and October 26, 2021.
But she disclosed these trades to the Office of Government Ethics on December 15, 2021, and December 16, 2021 — either weeks or months past a 30-day disclosure deadline prescribed by the Stop Trading on Congressional Knowledge Act of 2012.
Read 15 tweets
Jan 13
NEW: For a year Trumpworld struggled to find jobs. But now they're getting hired again — in Virginia. by @WARojas & @cryanbarber @thisisinsider businessinsider.com/virginia-glenn…
A @thisisinsider analysis of incoming Gov. Glenn Youngkin's recently-announced appointments shows that one-third of his new hires worked for the Trump presidential administration in some capacity.
The list includes his CoS, Jeff Goettman, worked in the Treasury Department during the Trump administration before becoming chief operating officer of Youngkin's gubernatorial bid.
Read 5 tweets
Jan 5
NEW: Rs are giddy about the DNC unionization. "This is the greatest act of unilateral disarmament since Carthage submitted to Rome," Ron Nehring, the ex-Calif GOP Party chair, told @thisisinsider. "Which of those two cities is still on the map today?" businessinsider.com/dnc-unionizes-…
Others are weighing in too. On Tuesday shortly after news broke of the DNCs choice to unionize, Republican National Committee chief of staff Richard Walters said, "We applaud the DNC for rendering themselves even more useless. Perhaps they'll offer tenure next."
At the DNC, union spokesperson Lucas Acosta told Insider the union hoped to enshrine equal pay and flexible working conditions in their ultimate contract, @KaylaEpstein reports.
Read 4 tweets
Jan 5
NEW: Trump has spent his post-presidency embroiled in lawsuits & investigations, a swirl of legal scrutiny that would keep a more careful person quiet. His initial plan to hold a 1/6 presser was “boneheaded” an ex-US prosecutor told ⁦@thisisinsiderbusinessinsider.com/donald-trump-c…
The cancellation of the January 6 press conference means that Trump will not deliver public remarks just days before a crucial court hearing in cases alleging that he encouraged his supporters to storm the Capitol.
Any remarks at the press conference would almost surely have complicated the hearing, scheduled for January 10 in Washington, DC, federal court, where a judge is set to hear Trump's arguments for dismissing lawsuits filed by Democratic lawmakers and Capitol police.
Read 6 tweets

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