Two Complaints Target GOP Lawmaker’s Stock Trading Violations

Several lawmakers had to answer for well-timed stock trades amid the 2020 pandemic, but newly elected Rep. Mike Garcia (R-CA) was not one of them—until now.

On Wednesday, watchdog group Citizens for Responsibility and Ethics in Washington filed a complaint with the Office of Congressional Ethics, accusing Garcia of breaking disclosure laws and the STOCK Act when he failed to properly report multiple transactions in the run-up to the 2020 election—including the sale of Boeing stock weeks before a committee he sat on released a damning report about the firm’s role in deadly crashes involving its 737 MAX airliner.

The CREW filing is the second complaint against Garcia in a week, prompted by The Daily Beast’s reporting on the transactions last Wednesday, following a complaint from Democratic transparency advocacy organization End Citizens United last Friday, alleging that Garcia broke multiple ethics rules, violated the STOCK Act, and potentially engaged in insider trading with the Boeing sale.

Read more at The Daily Beast.