Tag: financial disclosure

Michigan Senate OKs Financial Disclosure

The Center Square

The Michigan Senate passed financial disclosure bills voters approved in November 2022 through Proposal 1 to expose conflicts of interest but one lawmaker says the rules are all “smoke and mirrors.”

Senate Bills 613, 614, 615, and 616 aim to require lawmakers and candidates for public office to disclose assets and income above certain thresholds. The bills seek to require candidates and officeholders to disclose their spouse’s employment, including their status as a registered lobbyist.

Read More

Watchdogs Sound Alarm as Ilhan Omar Continues to Evade Financial Disclosure of Reportedly Lucrative Book Deal

Michigan Star Staff
Ilhan Omar

Multiple watchdog groups said Minnesota Rep. Ilhan Omar may have violated federal law for failing to mention any income received from her critically-acclaimed 2020 memoir in her latest financial disclosure report filed on Friday.

Omar reportedly signed a deal worth up to $250,000 for her memoir, “This Is What America Looks Like,” in January 2019, around the same time she was sworn into Congress. Omar’s communications director said the House Ethics committee approved the book deal, but the Democratic lawmaker’s financial disclosures covering the calendar years 2018 and 2019 contain no mention of the book or any advance income received upon signing a deal.

The book was published in May 2020 to rave reviews by the press and Omar’s Democratic colleagues. The Atlantic dubbed it one of the best political books of the year, and numerous high profile Democrats, including House Speaker Nancy Pelosi, Rep. Alexandria Ocasio-Cortez of New York and Rep. Ayanna Pressley of Massachusetts, praised on the book.

Read More

Stacey Abrams Purchased Two Homes Valued at $1.4 Million After Reporting Massive Debts in 2018

Michigan Star Staff
Stacey Abrams

Former Georgia Democratic gubernatorial candidate Stacey Abrams purchased two homes worth a combined $1.4 million following her failed 2018 bid to lead the state, public records reviewed by the Daily Caller News Foundation show.

Abrams purchased the homes despite reporting in a financial disclosure in early 2018 during her gubernatorial campaign that she owed the IRS $54,000 in back taxes on top of $174,000 in credit card and student loan debt.

Abrams purchased a 3,300 square foot home in Stone Mountain, Georgia, for $370,000 in September 2019, according to Nexis real estate records. The home is now worth $425,000, according to Redfin.

Read More