VIDEO: Malinowski blasted by local news over shady stock trades
Tom Malinowski thought he could dismiss his violation of the STOCK Act and shady transactions as an “oversight,” but he was wrong.
Following Business Insider’s reporting that Malinowski potentially violated federal law by failing to disclose COVID-related stock trades, WPIX reports some of those transactions included investments in General Mills and Peloton exercise equipment at the beginning of the pandemic.
Malinowski says he is “willing to pay a penalty,” but now that his constituents are learning the truth about his corruption and he faces two nonpartisan ethics complaints, fines may be the least of his worries.
NRCC Comment: “While Tom Malinowski’s constituents were suffering, he was capitalizing on a pandemic and illegally hiding shady stock trades. This is not going away, no matter how much he tries to dismiss it.” – NRCC Spokeswoman Samantha Bullock