All articles tagged with #financial disclosure
Originally Published 3 months ago — by Barron's
The article discusses the complex and circular financial relationships among Nvidia, Microsoft, OpenAI, and other AI companies, highlighting concerns over transparency and the need for clearer disclosures to accurately assess AI demand and valuation.
Originally Published 4 months ago — by Axios
The House Oversight Committee's top Democrat is investigating Corey Lewandowski, a former Trump aide and current temporary DHS employee, for potential violations of financial disclosure laws and conflicts of interest, requesting his financial records and work details to ensure transparency and accountability.
Originally Published 4 months ago — by freebeacon.com
Ilhan Omar's net worth surged to up to $30 million in 2024, primarily due to her husband's business ventures, marking a 3,500% increase from previous disclosures, despite her previous denials of being a millionaire.
Originally Published 7 months ago — by The Washington Post
Donald Trump reported over $600 million in income and $1.6 billion in assets in his latest financial disclosure, revealing holdings in cryptocurrency, property income, and foreign licensing deals, providing insight into his finances during the 2024 campaign period.
Originally Published 1 year ago — by TMZ
Kroy Biermann accuses Kim Zolciak of avoiding financial disclosure in their divorce by revealing her alleged lavish spending on luxury items and procedures, as well as substantial sums on lottery and bitcoin. He claims she's stashing cash and not contributing to household bills, while they face financial woes including IRS issues and struggles to sell their property.
Originally Published 1 year ago — by Yahoo Finance
The International Sustainability Standards Board (ISSB) chair stated that investors are seeking data on indirect greenhouse gas emissions, which the new U.S. financial disclosure rules do not cover. The U.S. Securities and Exchange Commission (SEC) recently omitted the requirement for companies to disclose Scope 3 emissions from its climate change reporting rules, contrary to the voluntary standards developed by ISSB. Scope 3 emissions, which make up a significant portion of a company's carbon footprint, are seen as important by investors. While the SEC cited concerns about burdening companies and the reliability of reporting, other jurisdictions like the EU and California have passed laws mandating Scope 3 emissions disclosure.
Originally Published 1 year ago — by Fox Business
A conservative policy group has renewed an ethics complaint against Rep. Jamie Raskin, D-Md., for allegedly failing to properly disclose his wife's stock holdings, raising concerns about potential violations of federal financial disclosure laws. The complaint highlights Raskin's delayed reporting of his wife's $1.5 million stock payout and accuses him of violating the Ethics in Government Act by neglecting to report his wife's earned income in his financial disclosures from 2017 to 2020. The Center for Renewing America requests an investigation into whether Raskin took actions to benefit his wife's clients and urges the Office of Congressional Ethics to open an investigation into the matter.
Originally Published 1 year ago — by New York Post
Georgia District Attorney Fani Willis' 2022 financial disclosure did not include a Miami trip allegedly paid for by her rumored lover, attorney Nathan Wade, who was hired to prosecute former President Donald Trump. The omission raises questions about potential ethics violations, as the trip was not disclosed despite being paid for by a person doing business with the county. Allegations of a clandestine relationship between Willis and Wade have emerged, prompting scrutiny and demands for an explanation, as well as a probe into the potential misuse of taxpayer funds.
Originally Published 2 years ago — by Page Six
Jeannie Mai is asking the judge not to enforce her prenuptial agreement with Jeezy, claiming she didn't have enough time to review it before signing. She alleges that the negotiation process was rushed and raises concerns about the adequacy of financial disclosures. This comes after Jeezy filed a motion to enforce the agreement, and amid previous insinuations of infidelity. The couple, who filed for divorce in September 2023, also faces custody disputes over their 2-year-old daughter.
Originally Published 2 years ago — by MSNBC
Rep. Crockett stated that financial disclosure forms show that former President Donald Trump received more than $7.8 million from foreign governments during his time in office, raising concerns about potential conflicts of interest and ethical violations.
Originally Published 2 years ago — by Courier Journal
A scathing report from The Associated Press reveals that U.S. Rep. James Comer, a Kentucky Republican leading the Joe Biden impeachment inquiry, has obscured his own business dealings. The report found that Comer is involved in a shell company called Farm Team Properties, which functions similarly to the companies used by the Bidens. Comer's stake in the land he co-owns with a political donor is masked on his financial disclosure forms. Democrats have seized on the report, accusing Comer of having shady finances. Comer has declined to comment and denied any wrongdoing.
Originally Published 2 years ago — by ABC News
Rep. James Comer, the Republican leading the impeachment probe of President Joe Biden and his family's business dealings, has his own shell company called Farm Team Properties, which he co-owns with his wife. This revelation raises questions about Comer's own financial dealings and undermines his arguments against the Bidens' use of similar companies to obscure earnings. Comer has faced criticism for not disclosing his ownership of 6 acres of land co-owned with a campaign contributor through the shell company. While Comer denies any wrongdoing, ethics experts argue that he should have disclosed these assets. The investigation into the Bidens' business dealings is expected to gain momentum following the recent indictment of Hunter Biden on tax evasion charges related to his earnings through shell companies.
Originally Published 2 years ago — by Yahoo News
Rep. James Comer, the Republican leading the impeachment probe of President Joe Biden and his family's use of shell companies, has his own shell company called Farm Team Properties. Comer co-owns this company with his wife and used it to transfer ownership of 6 acres of land he co-owns with a campaign contributor. This revelation raises questions about Comer's own financial dealings and undermines his arguments against the Bidens. Ethics experts suggest that Comer should have disclosed these assets on his financial disclosure forms. Comer has aggressively denied any wrongdoing and dismissed criticism as the work of "dumb, financially illiterate people."
Originally Published 2 years ago — by The Associated Press
Rep. James Comer, a Republican leading the Hunter Biden probe, has his own shell company called Farm Team Properties, which he co-owns with his wife. This revelation raises questions about Comer's own financial dealings and undermines his arguments against the Bidens' use of shell companies. Comer has been critical of the Bidens' alleged use of such companies to obscure earnings from shadowy middlemen and foreign interests. While Comer has denied any wrongdoing, ethics experts argue that he should have disclosed his ownership of the land held by the shell company. The revelation comes as House Republicans voted to formally authorize the impeachment probe into President Joe Biden, following the federal indictment of Hunter Biden on tax evasion charges.
Originally Published 2 years ago — by Hollywood Reporter
Financial details of former President Donald Trump's Truth Social platform have been disclosed for the first time, revealing that the platform generated $3.7 million in net sales but suffered losses of $73 million since its launch in early 2022. The disclosure, made by Trump Media & Technology Group's SPAC merger partner Digital World Acquisition Corp, indicates that Truth Social has not been able to convert its user base into significant revenue. The financial situation of Trump Media & Technology Group raises doubts about its ability to continue as a going concern, and the completion of its merger with Digital World Acquisition Corp is crucial for its survival. The filing also reveals that Trump's controlling stake in TMTG is valued between $5-$25 million.