Newsweek reports Ruben Gallego violated the STOCK Act, a law designed to stop insider trading by members of Congress and ensure greater financial transparency in government.
Despite the STOCK Act requiring members of Congress to report the shares they purchase within 30 to 45 days, Gallego failed to disclose shares he purchased in two companies for years. Last year, Fox News reported that Gallego even voted to protect one of the companies he purchased stock in, which is owned by one of his best friends who has donated thousands to Gallego’s campaigns.
NRSC Statement: “Ruben Gallego has routinely flouted a law designed to ensure transparency and root out corruption – and taken votes that could benefit him financially. This kind of shady behavior is exactly why so many Americans have lost faith in government.” — NRSC Spokesman Tate Mitchell