Nancy Pelosi gets all the attention for making money hand over fist on stock trades that are suspiciously timed given what regulations and bills she is considering, but she’s hardly the only one in DC suspected of stock trading-related corruption.
Another is Energy Secretary, Jennifer Granholm, who is suspected by The Foundation for Accountability and Civic Trust’s (FACT) of not reporting certain stock trades.
Specifically, FACT alleges that Ms. Granholm improperly reported nine stock trades that were collectively worth about a quarter of a million dollars, a violation of the Stop Trading on Congressional Knowledge (STOCK) Act.
According to Business Insider, which reported on the hidden stock trades, Ms. Granholm did eventually report the nine trades, which were made between April 30, 2021, and October 26, 2021.
However, the problem is with when she reported them; she didn’t do so and disclose them to the Office of Government Ethics until December 15-16, 2021, well past the 30-day deadline for disclosure demanded by the STOCK Act. Read more