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Top Dem’s Wife Under Scrutiny for Alleged Insider Trading

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Rep. Jamie Raskin, a leading House Democrat, faces renewed ethics complaints regarding his wife’s $1.5 million stock sale.

Allegations suggest he failed to disclose his wife’s stock holdings in a timely manner, potentially violating federal financial disclosure laws.

The Center for Renewing America has accused Raskin of violating the Ethics in Government Act and is seeking an investigation into his actions.

“This failure is a clear violation of Raskin’s reporting duties and also raises serious questions about further potential violations,” the letter read. “Since Raskin did not see fit to disclose Reserve Trust as a source of income in 2017, it is unclear if he also failed to do so for subsequent years. It is possible that Reserve Trust compensated Mrs. Raskin with further shares for services rendered in subsequent years. Given Raskin’s approach to disclosure, the public would never know.”

“The above demonstrates that Representative Raksin has likely violated his disclosure obligations and creates serious clouds around Raskin’s honesty and ability to represent the best interests of his constituents,” the letter stated. “Accordingly, the Center for Renewing America respectfully requests that OCE open an investigation into this matter.”

The GOP-led House has voted to open an impeachment inquiry into President Joe Biden’s potential improper benefit from his son’s international business dealings.

“This isn’t about political revenge. We have the bank accounts we can see, ma’am. You can see that the homes that the Bidens own can’t be afforded on a congressional or Senate salary. You also understand that it’s not normal for family members to receive millions of dollars from overseas interests,” Rep. Scott Perry said.

“Those things aren’t normal. That’s not normal. Have 20 shell country companies, these things are not normal. And it alludes to not only just widespread corruption, but money laundering, if not influence peddling itself,” he said.

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