Rep. Lauren Boebert has revealed that various equity, cryptocurrency and brokerage funds have between $5,000 and $80,000 in assets. Personal financial statements for 2021 Garfield County Republicans filed a week ago.
All of the investments were listed as belonging to her husband, Jason Boubert.
However, Boebert did not file the required “periodic transaction report” when the investment was purchased in 2021. She also failed to file a report that her husband made on her eight cryptocurrency transactions from her $4,000 to her $60,000 over her two days in May 2021 on the Robinhood app. did.
of US House of Representatives demands Any such purchase, sale, or transaction must be reported within 45 days under the Congressional Knowledge Suspension Trade Act of 2012 (also known as the STOCK Act). The rule requires disclosure in ranges rather than exact amounts.
Business Insider previously reported He noted that at least 70 members of Congress have violated the STOCK Act this year and are usually exempt from penalties. Democratic Senator John Hickenlooper came under fire early this summer For reporting stock trading in his previously undisclosed annual financial disclosures.
U.S. Congressman Ed Perlmutter, D-Arvada, has been late filing stock trades. According to Business Insider.
Kedrick Payne, deputy director of the Campaign Legal Center and former deputy chief attorney for the Congressional Ethics Office, called Bobert’s failure to report the transaction “disturbing.”
“There are big red flags that all these assets were acquired in one year, but there are no reports of that,” says Payne. “And that’s not even reported accurately in its annual report. They should be transactions, not just lists of assets.
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Members of Congress may be fined $200 for failing to file regular transaction reports on time. But Payne said complaints about late or erroneous reports investigated by the Congressional Ethics Office rarely lead to action by the House Ethics Committee.
“The Congressional Ethics Service investigated several lawmakers for violating the Stock Act, but the Ethics Commission dismissed those cases,” he said.
Congress is considering several bills that would ban members of Congress, and sometimes their spouses, from trading individual stocks. Democratic U.S. Congressmen Joe Negse of Lafayette, Jason Crow of Centennial, and Diana Deggett of Denver have sponsored several measures, some of which also have Republican support.
In 2020, Boebert did not disclose stock, cryptocurrency and securities fund assets in her personal financial report. landed her in hot water It was also revealed that her husband had been paid nearly $1 million over two years for consulting work for a large oil and gas company on the Western Slopes.
A Boebert spokesperson did not respond to a request for comment.
Boebert is running for re-election for a second term. Colorado 3rd congressional districtIt extends from south of Moffat County to the state line and across the San Luis Valley to Pueblo, Otero, and Las Animas counties.
Correction: This story has been updated to correct the spelling of Kedric Payne’s name.