Dem Rep. didn’t report $900K in stock trades

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An Office of Congressional Ethics complaint filed Monday shows Rep. Tom Suozzi, D-N.Y., failed to properly disclose more than $885,000 in stock transactions as required by law.

Suozzi did not report at least 31 stock transactions from September 2017 to June 2021 until last month, the complaint claims.

The congressman’s trades “involved 9 companies that are either clearly regulated or affected by Congressional action, such as Apple, Altria Group, Boeing, BlackRock, Caterpillar, Citigroup, Cisco Systems, General Electric, IBM, and Verizon Communications,” the Foundation for Accountability and Civic Trust (FACT) wrote in a letter to the Congressional Ethics office.

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Representatives must legally report any financial transaction of $1,000 or more within 30 days after they occur. They also must be included in annual congressional reports.

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