The House’s ethics office found a GOP congressman likely violated federal law by disclosing up to $21 million worth of stock trades long past the filing deadline, according to a report published Tuesday.
The Office of Congressional Ethics (OCE) said there is “substantial reason to believe” Texas Rep. Pat Fallon “failed to file timely” periodic transaction reports for 122 transactions, in accordance with the STOCK Act, according to the OCE’s report.
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