NEW: "Rep. Julia Letlow Discloses Over 200 Stock Trades After Deadline As Ban Debate Grows In Congress"
me, for @Forbes
#news #stockact #louisiana #stocks
https://www.forbes.com/sites/zacheverson/2026/01/15/letlow-stock-act-julia-congress-ban-trading/
The STOCK Act requires lawmakers to report stock and bond trades of more than $1,000 within 45 days.
On Tues., Letlow (R-La.) disclosed 224 trades, 211 of which had been made more than 45 days ago.
Almost half of them dated back to 2024.
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https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2026/20030977.pdf
Letlow also amended all five of her annual financial disclosures, dating back to 2020.
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Letlow serves on the House Appropriations Committee’s Agriculture, Rural Development, Food and Drug Administration, and Related Agencies subcommittee.
Her report includes trades in multiple health care and pharmaceutical companies.
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Letlow's spox said the late filings stemmed from a third-party firm with discretionary authority shifting a managed account into individual stocks and bonds without recognizing the additional reporting requirements.
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The amended disclosures were intended to “clean up” items Letlow's spox described as falling into a reporting gray area.
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But—
Lawmakers are personally responsible for complying with the STOCK Act, regardless of whether trades are executed by the member or a third party.
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Possible sanctions, though, are pretty weak—
💰 A $200 late fee
💰An ethics investigation the committee would likely dismiss if the lawmaker says they didn't know the rules.
For example—
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Pursuant to Committee Rule 7, the Chairman and Ranking Member of the Committee on Ethics (Committee) determined to release the following statement: On February 28, 2022, and March 2, 2022, the Committee received referrals from the Office of Congressional Ethics (OCE) regarding allegations that Representative Pat Fallon, Representative Chris Jacobs, and Representative Thomas Suozzi may […]
If you want to see this kind of news faster, follow @davelevinthal at @Notus, I guess, because he got his article on it up first.
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https://www.notus.org/congress/julia-letlow-stock-act-disclosures
Lot more in this piece, include a rundown of what's up with the proposed ban on congressional stock trading.
Metered paywall, so likely free for you.
Please read and share!
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https://www.forbes.com/sites/zacheverson/2026/01/15/letlow-stock-act-julia-congress-ban-trading/
Zach Everson
