Trump-Backed Gubernatorial Hopeful Hammers Democrat Mikie Sherrill on Stock Trades: Tripled Her Net Worth!'
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Trump-Backed Gubernatorial Hopeful Hammers Democrat Mikie Sherrill on Stock Trades: Tripled Her Net Worth!'
"There's another big difference between her public service and my public service. It actually cost me money the time I put in and took away from my company. In the seven years that she's been in Congress, she's tripled her net worth, Ciattarelli told the crowd. He continued: There's another big difference between the two of us, okay? She broke the law. She had to pay fines for violating federal law on stock trades and stock reporting. And The New York Times reports that while you're sitting on the House Armed Services Committee, you were trading defense stocks."
"In 2021, she was cited for violating the STOCK Act after failing to promptly disclose up to $350,000 in her husband's UBS stock sales, reporting them months past the 45-day deadline. Though her office attributed the lapse to an oversight, Sherrill became one of 48 lawmakers flagged that year for similar violations. In 2022 she proactively paid a $400 fine and emphasized that her family had already liquidated individual stocks in favor of exchange-traded funds."
Jack Ciattarelli attacked Rep. Mikie Sherrill over stock trading and reporting during a Rider University gubernatorial debate, citing increases in her net worth. Ciattarelli claimed Sherrill violated federal law, paid fines, and traded defense stocks while serving on the House Armed Services Committee, referencing reporting by The New York Times. Sherrill acknowledged past lapses, was cited in 2021 for failing to timely disclose up to $350,000 in her husband's UBS stock sales, and paid a $400 fine in 2022 after converting individual stocks to exchange-traded funds. The exchange followed broader political attacks that had already raised the issue.
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