After Sen. Adam Schiff demanded that White House counsel David Warrington disclose the financial holdings of key officials, he encountered resistance; thus, an advisor to Trump recommended that Schiff begin by making the same request to longstanding Representative Nancy Pelosi.
“The American people remain highly concerned about Nancy Pelosi’s long, documented history of insider trading and eagerly await Adam Schiff refocusing his political stunt on serious issues, like Pelosi’s portfolio,” stated Kush Desai, a spokesperson for the White House, in response to ABC News’ question about Schiff’s letter.
“Continued and growing concern regarding… failure to submit any financial disclosure reports for senior White House officials to the Office of Government Ethics within the statutorily mandated period,” Schiff, a Democrat from California, wrote to Warrington and White House chief of staff Susie Wiles.
Under Schiff’s demands, the White House must provide the names of all officials who are obligated to submit “new entrant” reports, the reasons for the “failure to transmit” these reports for certification, and the amount of any late-filing costs levied for “delinquent filings.”
He brought up the fact that he had joined a bipartisan letter in April that had asked for the same information; the signatories included Representative Jerrold Nadler (D-NY), a fellow Californian, and numerous other Democrats.
Thursday, in remarks to HeadlinesForever Digital, the White House rebutted Schiff once again, assuring that all officials there are still meeting their public reporting requirements.
According to White House spokesperson Taylor Rogers, “… including the obligation to file periodic transaction reports disclosing the purchase or sale of certain securities.”
“For decades, administrations of both parties, including the first Trump Administration, have fulfilled this obligation, recognizing that public trust in government depends on robust, enforceable transparency standards,” Schiff stated in a press release.
“However, senior officials in this administration have repeatedly failed to disclose assets and business entanglements, as well as potentially misused their official positions for personal gain.”
“Transparency and compliance with ethics laws are essential.”
Specifically, Desai’s first reaction brought attention to the persistent complaints leveled against Pelosi, who has been accused of wrongdoing in her 38 years as a lawmaker and whose net worth is supposedly more than $120 million.
Democrat Nancy Pelosi of California did not return a request for comment, and when a reporter from HeadlinesForever Digital confronted the Speaker Emerita about the issue last month on the Hill, she continued to walk away.
In 2023, Republican Senator Josh Hawley of Missouri submitted the PELOSI Act, which stands for “Preventing Elected Leaders from Owning Securities and Investments.” House Representative Mark Alford of Missouri also drafted a measure along these lines, referencing the many accusations leveled against Hawley.
Time reports that Trump told Pelosi, “I would be OK with it” after seeing her grow wealthy from insider knowledge, suggesting that he might back such legislation during his tenure in office. “I would do it if they sent it to me.”