May 24, 2022

Dem Rep. Jamie Raskin faces ethics complaint over not reporting wife’s $1.5 mil stock payout

Maryland Democratic Rep. Jamie Raskin is facing an ethics complaint over not disclosing his wife’s $1.5 million stock payout in 2020, a move complicated by her nomination as President Joe Biden’s Federal Reserve bank regulator.

“Sarah and Jamie Raskin are career politicians who have used the system to enrich themselves, and it is time that someone holds them accountable,” Tom Jones, the founder of the American Accountability Foundation, said in a statement to FOX Business.

“If House rules are going to mean anything, the House Ethics Committee needs to open an investigation and sanction Jamie Raskin for hiding this shady stock deal from the public.”

“A Business Insider report that revealed that Jamie Raskin disclosed in August 2021 that his wife Sarah Bloom Raskin sold 195,936 shares of Reserve Trust for $1.5 million, according to his federal financial documents.

“But Raskin reported the stock sale, which happened on Dec. 12, 2020, eight months after the fact,” the Blaze reported.

Both Raskin and his wife Sarah have denied any wrongdoing, though the complaint will likely draw more attention as his wife goes through the nomination process.

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