DeSantis says he sold all stocks; House disclosures show otherwise

[RandySF]

In a forthcoming interview, Florida Gov. Ron DeSantis said he supports a ban on congressional stock trading, and cites his experience as a House member.

“I was a congressman for three terms,” the Republican presidential candidate tells CNBC’s Brian Sullivan, according to a transcript the network sent out ahead of the Monday night airing of the interview. “I sold all my stock before I went in because I used to do day trading – not that I had a lot of money, but I would do it. I just stopped doing it because the thing is, is if I traded something, someone will then say maybe some vote was there. And I didn’t even want the appearance of impropriety.”

But the Republican presidential candidate’s financial disclosure reports show that DeSantis continued to hold a small amount of stock in two companies — Sirius XM Holdings Inc. and United States Steel Corp. — throughout his time in the House from 2013 to 2018. DeSantis only reported one transaction while in Congress, reporting that he moved cash from a Scottrade brokerage account to his bank accounts in 2016.

DeSantis’ 2018 financial disclosure form filed with the Florida Commission on Ethics also shows the Scottrade brokerage account holding $1,851 in U.S. Steel stock and $1,716 in Sirius XM stock.

It appears that DeSantis did sell off most of his stocks before taking office — his 2012 disclosure form as a congressional candidate shows holdings worth between $1,001 and $15,000 in companies like Altria and ExxonMobil and the sale of shares in other companies and exchange-traded funds. But he held onto U.S. Steel and Sirius XM.



https://rollcall.com/2023/08/14/desantis-says-he-sold-all-stocks-house-disclosures-show-otherwise/

[gratuitous]

1. It pains me to say it

But I think DeSantis is in the clear on this one. He may not have sold all his stock (and less than $3,600 in holdings is a piddling amount), but the record indicates that he didn't trade stocks while he was in Congress.

I am content, however, to let the defendant make a big stink about it.

[TheRealNorth]

2. Regardless

If he is lying, it won't matter because a) Republicans won't care, and b) the AP will play DeSantis' denial and will do zero reporting to determine what the truth actually is.

[ret5hd]

3. You echoed my thoughts almost exactly.

[Alexander Of Assyria]

4. 3K??...bigger molehills to climb. The headline is...inflationary.

[Brainfodder]

5. A Republican LYING, really?

ALL IT IS WORTH, have a nice day!