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Democrat On Powerful House Ways And Means Committee Apparently Violated Stock-Trade Rules

Rep. Tom Suozzi (D-NY), a Democrat on the House Ways and Means Committee, is the latest member of Congress not to comply with a federal law that requires lawmakers to report securities trades within 45 days

On Thursday, Suozzi revealed that he had failed to properly disclose more than $6 million of trades dating back to January 2017

The Ways and Means panel is the chief tax-writing committee in the House, giving Suozzi influence over many of the companies in which he was investing. 


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The Democrat’s office has not responded to an inquiry. But in a statement to NPR, which reported some of Suozzi’s late disclosures earlier this week, a spokesperson acknowledged the error. “The congressman’s investments are managed through independent advisors with discretion over all transactions,” the representative said. “Every transaction has been reported on his annual financial disclosure, and all proper periodic disclosures will be filed on a going-forward basis.”  

More than 5% of members of Congress have been late to report stock trades in 2021, according to a tally by Insider. 

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I took an unusual route to get here. In a past life, I worked as a travel and food writer, which is how I got the assignment in 2016 to cover the grand opening of the

I took an unusual route to get here. In a past life, I worked as a travel and food writer, which is how I got the assignment in 2016 to cover the grand opening of the Trump International Hotel in Washington, D.C., just a couple miles from my home. When Trump won the election and refused to divest his business, I stayed on the story, starting a newsletter called 1100 Pennsylvania (named after the hotel’s address) and contributed to Vanity Fair, Politico and NBC News. I’m still interested in Trump, but I’ve broadened my focus to follow the money connected to other politicians as well—both Republicans and Democrats.

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