Rangel amends financial disclosure, revealing new holdings
Rep. Charles Rangel (D-N.Y.) is already the subject of two ethics committee investigations, and an amendment to his 2008 personal financial disclosure this month has raised more questions.
The amendment by Rangel, chairman of the House Ways and Means Committee, has at least a dozen differences from the original, according to CQ Politics. Among them are a previously undisclosed account valued at least $250,000 with the Congressional Federal Credit Union, holdings in PepsiCo and land in Glassboro, N.J. (listed as "empty lots").
Two separate House ethics subcommittees are already looking at Rangel, who among other things has been accused of improperly maintaining multiple rent-controlled apartments in New York, failing to report rental income to the IRS and taking part in a trip to St. Maarten that may have been paid for by companies which employ lobbyists, a violation of House rules.
See LegiStorm's previous posts about Rangel's ethics problems here.
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