Some federally mandated personal financial disclosure documents for Rep. Ro Khanna, a Democrat from California, are all but impossible to decipher.

Members of Congress are required by law to disclose their stock trades.
But some lawmakers’ disclosures are almost impossible to read.
Government watchdogs accuse some lawmakers of engaging in ‘transparency theater’.

The good news: Rep. Ro Khanna this week did better than many of his congressional colleagues when he complied with federal conflicts-of-interest law by submitting timely documents detailing more than 800 recent stock trades made on behalf of his wife, Ritu Khanna, and their dependent children.

The bad news: Most of the California Democrat’s disclosures are all but unreadable, more closely resembling black blotches of ink than actual words and numbers.

Khanna’s disclosures, such as they are, underscore how some members of Congress continue to struggle with the most foundational aspect — transparency — of the Stop Trading on Congressional Knowledge (STOCK) Act of 2012.


Their blurry, garbled, or otherwise haphazard disclosures come as Congress is actively debating whether to ban lawmakers and their families from trading individual stocks altogether, prompted in part by Insider’s “Conflicted Congress” project, which revealed numerous STOCK Act violations and conflicts of interest among federal lawmakers.

Other lawmakers joining Khanna in submitting less-than-transparent financial disclosures include Rep. Doris Matsui, a fellow Democrat from California, who filed a 2020 annual financial disclosure that pushes the boundaries of legibility.

A financial disclosure from Rep. Doris Matsui, a Democrat of California.

The most recent annual financial disclosure of Rep. Michael Guest, a Republican from Mississippi, requires extreme magnification to begin deciphering its abbreviation-riddled line items.  

A financial disclosure from Rep. Michael Guest, a Republican from Mississippi.

Rep. Fred Upton, a Republican from Michigan, discloses his personal finances using …read more

Source:: Business Insider


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