Democratic congressman Tom Malinowski has been caught misleading the government and the voters over between $671,000 and $2.76 million in stock profits des made at the time of the beginning of the pandemic.
It is possible that he traded on inside information but we won’t know for sure before there is an investigation. That will probably never happen.
Democrats are quick to condemn Republicans of fake crimes but slow with realm ones from Democrats.
Malinowski’s stock trades in 2020 included more than two dozen purchases and sales during the first few weeks of the pandemic. That would be at a time when you could clean up if you had the right information.
By seeing how much he made in a relatively short time, he obviously had the right information. Not listing those stock trades is a violation of the law.
Why would you not disclose them if you had nothing to hide?
The spreadsheet he recently disclosed after an inquiry to his office, it shows those trades that did not appear in his official disclosure forms. But if you believe he will be found guilty during the Biden administration, you are either on drugs or just naturally delusional.
Being a liberal means never saying you are sorry or spending a single day in prison. Nice work if you can get it. But he is far behind the money made by Hillary.
Ban members of Congress from trading stocks. https://t.co/CHaq5ppr8g
— Walter Shaub (@waltshaub) March 5, 2021
It's time to ban all Members of Congress from trading stocks in individual companies affected by their official duties.https://t.co/W0wYKC9qe0
— Richard W. Painter (@RWPUSA) March 5, 2021
Federal records indicated that Malinowski also made dozens of other stock trades during 2019 but failed to publicly disclose them within the legally required 30- to 45-day disclosure window — or ever file periodic transaction reports for them.
Malinowski disclosed these 2019 stock trades in August as part of an annual personal financial-disclosure report that all members of Congress must file.
House Speaker Nancy Pelosi’s (D-CA) husband, the businessman Paul Pelosi, in December poured up to $1 million into call options for stock of the electric vehicle company Tesla. Nancy Pelosi has previously touted electric vehicles and environmentally friendly transportation options.
Sen. Dianne Feinstein (D-CA) failed to disclose stock trades ahead of the coronavirus-related market collapse.
Sen. Gary Peters (D-MI), an outspoken environmentalist, invested in a power company that primarily uses coal and natural gas.
Rep. John Yarmuth (D-KY) purchased cannabis industry stock while advocating for legislation that could increase its value, Judd Legum of Popular Information reported.