There is a requirement for congressional candidates to file a personal financial disclosure.
Real estate developer Carl Paladino has courted controversy.
The primary election in NY-23 will be held on August 23. August 23 is election day
An Insider review of congressional financial disclosures shows that Carl Paladino is in violation of a federal conflict-of-interest and transparency law by not revealing his own finances.
The chair of the New York Republican Party, Nick Langworthy, is being challenged by the third-ranking House Republican, Carl Paladino. Voters can't review the developer's income, investments, employment, and debts because of his late disclosure.
Although officials rarely pursue such investigations, a congressional candidate could face an investigation if he or she is found to have lied or failed to file a statement.
The campaign did not reply to Insider's repeated requests.
The campaign told the Buffalo News that the Clerk of the House of Representatives failed to give the campaign login credentials. The campaign said that the disclosure was in the process of being filed.
The records maintained by the Clerk of the House of Representatives do not show that Paladino asked for an extension. All candidates are required to submit their financial disclosures within 30 days of an election.
If a candidate can't or doesn't want to use Congress' electronic filing system, they can mail a paper disclosure to the US House.
With less than a week until Election Day, Carl Paladino still hasn't filed his disclosure and early voting has already started.
Dylan Hedtler-Gaudette is the government affairs manager at the nonpartisan Project on Government Oversight.
They seem to not be able to do one thing that could potentially contain some interesting information.
The party that would be tasked with investigating the violation of the STOCK Act often ignores it.
The committee is handicapped due to the death of a ranking member. Without a full committee of 10 members, the committee doesn't usually vote.
Langworthy submitted his financial disclosures in July. He invests in mutual funds and the stock market.
According to federal law and guidelines from the House Ethics Committee, candidates for a House office are required to file financial disclosures after raising or spending $5,000 in cash. A few weeks ago, he crossed that threshold.
Shortly after Republican Rep. Chris Jacobs said he wouldn't seek re-election, Paladino declared his candidacy.
A 2010 run for New York state governor that he badly lost in the general election is one of the most turbulent careers in politics.
He was a member of the Buffalo School Board when he made racist and sexist comments about the first lady. He apologized afterwards. He refused to leave the board.
The New York Times reported at the time that New York's education commissioner removed Paladino from office because he revealed confidential information about the city's teachers union.
The congressman is self-funded. The chairman of a real estate development company has lent his campaign over one million dollars.
Although Trump has not yet endorsed a candidate in New York's 23rd District, which is a red district, the winner of the election will most likely be the one who supports him.
The members of Congress and congressional candidates have violated many times.
70 members of Congress were found to be in violation of the Stop Trading on Congressional Knowledge Act with late or missing disclosures.
Congress is considering banning lawmakers and their spouses from buying, selling, or holding individual stock.
The issue will be put to a vote in September, though a vote hasn't been scheduled.
Business Insider has an article on it.
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