Gottheimer accused of violating federal STOCK Act

Business Insider reported on Wednesday that Rep. Josh Gottheimer (D, NJ-05) is one of four House Democrats who stand newly accused of violating the federal STOCK Act.

Gottheimer (who reported more stock trades over the past two years than any other member of Congress as of February 2022) and his spouse reportedly “exchanged up to $15,000 of stock in Independent Bank Corp. in November 2021, but waited until August 2022 to report it, according to a financial disclosure he filed August 13.”

“Josh Gottheimer’s stock trading habits that have now resulted in a violation of federal law are serious cause for concern that he’s using his taxpayer-funded position to benefit himself financially,” said NRCC Spokeswoman Samantha Bullock in response to the Insider piece.

Business Insider also asserted that Gottheimer hasn’t made good on a February promise to set up a blind trust.

Gottheimer’s issues still pale in comparison to that of fellow New Jersey Democrat Tom Malinowski (D, NJ-07) who is under active investigation for millions of dollars in undisclosed trades.

Matt Rooney
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MATT ROONEY is SaveJersey.com's founder and editor-in-chief, a practicing New Jersey attorney, and the host of 'The Matt Rooney Show' on 1210 WPHT every Sunday evening from 7-10PM EST.