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Pelosi, Emanuel, Bayh Fail to Report Charity Roles
House Speaker Nancy Pelosi and two other high-profile Democrats are scrambling to explain why they didn’t disclose leadership roles with their respective family charities.
Financial disclosure reports examined by USA Today revealed that California’s Pelosi, Rep. Rahm Emanuel of Illinois and Sen. Evan Bayh of Indiana had not complied with Congressional requirements to file yearly reports on their personal finances. Each of the three separate foundations are funded and controlled by the lawmakers and their spouses.
A Pelosi spokesman said, "it was an oversight” on the part of Pelosi and that she will amend her reports accordingly. Bayh’s office also said the issue was "simply an oversight” and the senator has since amended his reports.
Emanuel, who is chairman of the House Democratic Conference, has challenged the report. A spokesman says he does not believe that the law requires him to disclose such finances. One of the highly touted ‘100 hours’ priorities of the Pelosi congress was a sharper focus on ethics among its members. Vowing to "drain the swamp” from the so-called "culture of corruption” during the Republican-controlled Congress, Pelosi’s House on Jan. 4 changed its ethics rules, but did not specifically address the issue of financial disclosure forms, USA Today reports.
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A recently passed Senate ethics bill would increase penalties for knowingly falsifying financial disclosure statements.
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