A Very Short Rant on Financial Disclosure and Ethics Self-Regulation
It's always nice to see politicians provide evidence for the argument
that ethics self-regulation doesn't work, but it's rare for it to
happen in so public a way as occurred yesterday. According to an
article in Roll Call, Rep. John Carter (R-TX), "the point man for
Republicans seeking to strip Ways and Means Chairman Charlie Rangel
(D-N.Y.) of his gavel," did not disclose large profits from a sale of
Exxon stock, even after Roll Call contacted him about the omission a
year ago.