U.S. Rep. Jamie Raskin (D-MD) listens to testimony during a hearing by the House Select Committee investigating the Jan. 6 attack on Capitol Hill in Washington, U.S., July 27, 2021. Chip Somodevilla/Pool via REUTERS
Rep. Jamie Raskin (D-Md.) has been accused of failing to disclose stock assets owned by his wife in contravention of U.S. law. The American Accountability Foundation (AAF), a right-leaning watchdog group, sent a complaint to the Office of Congressional Ethics, saying that Raskin’s wife, Sarah Bloom Raskin, had waited too long to report stocks she received from a Colorado tech firm in payment for her work with the group.
She sold 195,936 shares in the company for $1.5 million in December 2020, but Rep. Jamie Raskin did not report the sale until August 2021. U.S. law forbids people with insider information, such as members of Congress, from buying stocks on the basis of that information, and those who break these laws can be subject to criminal prosecution. Laws against congressional insider trading were strengthened in 2012 amid a wave of insider trading in Congress; the STOCK Act, or Stop Trading …
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