Democratic Congressman Suozzi’s $50,000 stock sale took advantage of a loophole in Congressional disclosure rules
Friday, 4 July 2025 ()
Rep. Tom Suozzi (D-N.Y.) sold up to $50,000 of Global Industrial Co. stock in March 2025, despite never publicly disclosing ownership due to a now-closed loophole in federal law. Suozzi received the stock as unvested compensation in 2023 and did not report it, citing then-current disclosure rules.…
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