GOP Congressman CHEATS Stock Market

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GOP Congressman, Pat Fallon cheats the stock market according to a newly released report. John Iadarola and Dave Levinthal break it down on The Damage Report. 

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"Freshman Rep. Pat Fallon, a Republican from Texas, failed to properly disclose dozens of stock trades together worth at least $ million — and as much as $ million, according to an Insider analysis of newly filed congressional records.

Fallon was tardy disclosing 93 stock trades he made between mid-January and mid-April. Some disclosures arrived about a month late. Others were up to four months late.

By federal law, members of Congress have 30 days from when they become aware of a stock trade to formally disclose it in a certified report to the clerk of the House of Representatives. His untimely reporting could prompt an ethics investigation or fine."

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