Democratic Rep. Kelly Morrison has violated a federal transparency law by improperly disclosing seven figures worth of personal investments, according to a review of her congressional financial records.The review was conducted by the news outlet NOTUS, which reported the findings Monday.
The records indicate the Minnesota congresswoman was months – and in one instance, more than a year – late in reporting that she had made eight financial trades worth collectively valued at $1.41 million to $2.91 million.
Under federal law, members of Congress generally must publicly report certain financial trades no later than 45 days after making them.
Morrison’s office acknowledged the congresswoman’s disclosures were late but blamed the delay on an investment manager, whom it said manages her portfolio. The office also Morrison had no prior knowledge of the transactions before they occurred.
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