The Time Elizabeth Warren Used Loophole to Avoid Disclosing $1.3M Line of Credit

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PREMO Member
The Time Elizabeth Warren Used Loophole to Avoid Disclosing $1.3M Line of Credit
Warren pressing cabinet nominees to follow ethics guidelines she chose to skirt



A U.S. senator who took advantage of a loophole in ethics laws to avoid disclosing a $1.3 million credit line against her home is now warning that incomplete financial disclosures from cabinet nominees put the country at risk.

Sen. Elizabeth Warren’s (D., Mass.) warning came in the Washington Post, where she wrote that “it is critical that each nominee follows basic ethics rules to ensure that they will act for the benefit of all the American people.”

Warren argued that financial disclosures are needed to “reveal potentially damaging information that may undermine fitness to serve” and that nominees with “complex financial histories” need to be “forthcoming and transparent.”

Warren, meanwhile, continues to skirt congressional ethics laws by failing to include a $1.3 million line of credit against her Cambridge, Massachusetts, home on financial disclosure forms.
 
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