Ocasio In Trouble
2021年4月17日Register here: http://gg.gg/p2hfx
’There is no violation’: Alexandria Ocasio-Cortez denies illegal campaign finance allegations
*Ocasio Cortez In Trouble
*Alexandria Ocasio Cortez In Trouble
In recent months, AOC has also found herself in legal trouble for violating ethics rules. The allegations against Ocasio-Cortez are so serious that Brad Smith, a former FEC commissioner, said the New York socialist lawmaker “could be facing jail time.”. MSNBC’s ’Morning Joe’ crew talks about Amazon’s decision not to build a new headquarters in Long Island City, New York and Rep. Alexandria Ocasio-Cortez celebrating that she had ’defeated Amazon’s. Our favorite socialist superstar, Alexandria Ocasio-Cortez, may be in very BIG trouble as another FEC complaint has been filed against her. This time alleging she and her campaign manager, Saikat Chakrabarti, operated a “subsidy scheme” that goes against campaign finance laws, as Fox News reports. Ocasio Cortez In Trouble, Democrats Wants her Out March 1, 2020 By Paul Ocasio Cortez’s own party pushes her out, representative Alexandria Ocasio Cortez often boasts about her power and how she’s the future of the democratic party.
Rep. Alexandria Ocasio-Cortez is questioned by Fox News after a FEC complaint alleges the Democrat lawmaker and her chief of staff illegally moved $885,000 in campaign contributions ’off the books.’
New York Rep. Alexandria Ocasio-Cortez on Tuesday denied violating campaign finance law after a conservative government watchdog filed a complaint with the Federal Election Commission accusing the Democratic lawmaker and her chief of staff of being part of an ’off-the-books operation’ to spend hundreds of thousands of dollars on candidates last year.
“There is no violation,” Ocasio-Cortez exclusively told Fox News after landing Tuesday at Ronald Reagan National Airport. Asked if the complaint shows she was connected to ’dark money’ during the campaign, Ocasio-Cortez replied, “No, no.”
The complaint was drafted by the Virginia-based National Legal and Policy Center. It accuses Ocasio-Cortez and Saikat Chakrabarti, her chief of staff, of funneling nearly $1 million in contributions from political action committees Chakrabarti established to private companies that he also controlled.
The funds, the NLPC writes, were likely spent on campaign events for Ocasio-Cortez and other far-left Democratic candidates favored by Chakrabarti, who made his fortune in Silicon Valley and previously worked on Bernie Sanders’ 2016 presidential campaign. But no precise accounting for the expenses is available, and the complaint asks the FEC to conduct an investigation into the matter immediately.
Chakrabarti did not return a request for comment. But he defended the set-up on Twitter, saying, ’We were doing something totally new, which meant a new setup. So, we were transparent about it from the start.’
A separate explanation posted by Justice Democrats, one of the political action committees, last year cast the arrangement as above-board. ’The ONLY way to do work for multiple candidates legally at this scale is to create an LLC and act as a vendor,’ the group said.
The FEC complaint asserts that Chakrabarti established two PACs, the Brand New Congress PAC and Justice Democrats PAC, and then systematically transferred more than $885,000 in contributions received by those PACs to the Brand New Campaign LLC and the Brand New Congress LLC -- companies that, unlike PACs, are exempt from reporting all of their significant expenditures. The PACs claimed the payments were for ’strategic consulting.’
Although large financial transfers from PACs to LLCs are not necessarily improper, the complaint argues that the goal of the ’extensive’ scheme was seemingly to illegally dodge detailed legal reporting requirements of the Federal Election Campaign Act of 1971, which are designed to track campaign expenditures.
Critics said the arrangement appears unusual and should be probed.
’It sounds to a lot of people like that’s a way to skirt the campaign finance laws in this country,’ former Utah GOP Rep. Jason Chaffetz said on Fox News’ ’America’s Newsroom.’ ’And the FEC and the other regulators need to get in there and find out where was this money going – was it going to people’s pockets? Was it legitimate or not?”
Some suggested the complaint could indicate hypocrisy from Democrats who have railed against “dark money” in politics. A video last month of Ocasio-Cortez firing off questions about dark money and campaign finance laws to experts during a congressional hearing has been viewed about 40 million times, reportedly making it the most watched political video posted on Twitter.
“Representative Ocasio-Cortez has been quite vocal in condemning so-called dark money, but her own campaign went to great lengths to avoid the sunlight of disclosure,” Tom Anderson, the director of NLPC’s Government Integrity Project, said in a statement.
“This is the very thing that hides a lot of money,” Chaffetz said of the arrangement outlined in the complaint.
An FEC spokesman declined to comment on the complaint on Tuesday.
“A provision of federal campaign finance law requires that any Commission action on an enforcement complaint be kept strictly confidential until the case is resolved,” spokesman Myles Martin told Fox News.
Fox News’ Gregg Re and Lillian LeCroy contributed to this report.@KatiePavlichPosted: Jan 28, 2021 1:15 PM
Source: (AP Photo/Patrick Semansky)
As Leah and Matt have detailed, there is a populist revolt happening against Wall Street hedge funds.
This morning stock trading applications Robinhood, Webull and others stopped the sale and trade of a number of stocks, including Gamestop, AMC, Nokia and more. They did so after a group of Reddit investors beat hedge fund Melvin Capital at its own game and by playing by their rules.
Robinhood cited ’market volatility’ as the reason they stopped certain stock purchases and trades. People from all kinds of political backgrounds aren’t buying it and are crying foul. Republican and Democrat lawmakers are paying close attention.
?? pic.twitter.com/PjWTyplYIK— Ted Cruz (@tedcruz) January 28, 2021
Inquiries into freezes should not be limited solely to Robinhood.This is a serious matter. Committee investigators should examine any retail services freezing stock purchases in the course of potential investigations - especially those allowing sales, but freezing purchases.— Alexandria Ocasio-Cortez (@AOC) January 28, 2021
Enemies make strange bedfellows. Lock em up https://t.co/xNpccPw5Jj— Dave Portnoy (@stoolpresidente) January 28, 2021
Janet Yellen needs to be brought in front of Congress, TODAY.— Will Chamberlain (@willchamberlain) January 28, 2021
So @RobinhoodApp is saying they are protecting their users from over leveraging and getting burned. But somehow it’s okay when hedgefunds literally do the same exact thing. Nobody had a problem then until the hedge funds lost. Now speculating is a huge issue. #frauds— Dave Portnoy (@stoolpresidente) January 28, 2021
I wish the SEC had as much of an issue with Insider Trading as they seem to have with Outsider Trading.#RobinHood#GameStop#wallstreetbets ??????— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
It took less than a day for big tech, big government and the corporate media to spring into action and begin colluding to protect their hedge fund buddies on Wall Street. This is what a rigged system looks like, folks! #RobinHood#RedditArmy#GME#GMEtothemoonhttps://t.co/UhrwGHCjng— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
What’s happening right now with Wall Street and tech platforms bailing out their hedge fund bros is ethically no different than if a casino boss came over to a blackjack table and the switched the players cards in full view of everyone— Buck Sexton (@BuckSexton) January 28, 2021
The app is also getting sued by customers. From Bloomberg: Ocasio Cortez In Trouble
Robinhood Markets was hit by at least two customer lawsuits after restricting transactions on stocks including GameStop Inc. following a frenzied runup driven by Reddit-inspired traders.
Robinhood was named as a defendant in federal lawsuits filed in Manhattan and Chicago on Thursday.
In the New York suit, Robinhood user Brendon Nelson, of Massachusetts, said the company removed GameStop from its trading platform in the midst of an “unprecedented stock rise,” depriving individual investors of the ability to invest and manipulating the market. The decision was a breach of its customer agreement and was in violation of financial industry rules, according to the complaint.Alexandria Ocasio Cortez In Trouble
In the Chicago suit, user Richard Joseph Gatz, of Naperville, Illinois, said the halt of trading in Blackberry, Nokia and AMC Theatres “was to protect institutional investment at the detriment of retail customers” and is in “lockstep” with other trading platforms.
There are also serious questions about the role newly minted Treasury Secretary Janet Yellen may have played in the halt of stock sales and trading, given her own profiting from the shorting of GameStop shares.
Register here: http://gg.gg/p2hfx
https://diarynote-jp.indered.space
’There is no violation’: Alexandria Ocasio-Cortez denies illegal campaign finance allegations
*Ocasio Cortez In Trouble
*Alexandria Ocasio Cortez In Trouble
In recent months, AOC has also found herself in legal trouble for violating ethics rules. The allegations against Ocasio-Cortez are so serious that Brad Smith, a former FEC commissioner, said the New York socialist lawmaker “could be facing jail time.”. MSNBC’s ’Morning Joe’ crew talks about Amazon’s decision not to build a new headquarters in Long Island City, New York and Rep. Alexandria Ocasio-Cortez celebrating that she had ’defeated Amazon’s. Our favorite socialist superstar, Alexandria Ocasio-Cortez, may be in very BIG trouble as another FEC complaint has been filed against her. This time alleging she and her campaign manager, Saikat Chakrabarti, operated a “subsidy scheme” that goes against campaign finance laws, as Fox News reports. Ocasio Cortez In Trouble, Democrats Wants her Out March 1, 2020 By Paul Ocasio Cortez’s own party pushes her out, representative Alexandria Ocasio Cortez often boasts about her power and how she’s the future of the democratic party.
Rep. Alexandria Ocasio-Cortez is questioned by Fox News after a FEC complaint alleges the Democrat lawmaker and her chief of staff illegally moved $885,000 in campaign contributions ’off the books.’
New York Rep. Alexandria Ocasio-Cortez on Tuesday denied violating campaign finance law after a conservative government watchdog filed a complaint with the Federal Election Commission accusing the Democratic lawmaker and her chief of staff of being part of an ’off-the-books operation’ to spend hundreds of thousands of dollars on candidates last year.
“There is no violation,” Ocasio-Cortez exclusively told Fox News after landing Tuesday at Ronald Reagan National Airport. Asked if the complaint shows she was connected to ’dark money’ during the campaign, Ocasio-Cortez replied, “No, no.”
The complaint was drafted by the Virginia-based National Legal and Policy Center. It accuses Ocasio-Cortez and Saikat Chakrabarti, her chief of staff, of funneling nearly $1 million in contributions from political action committees Chakrabarti established to private companies that he also controlled.
The funds, the NLPC writes, were likely spent on campaign events for Ocasio-Cortez and other far-left Democratic candidates favored by Chakrabarti, who made his fortune in Silicon Valley and previously worked on Bernie Sanders’ 2016 presidential campaign. But no precise accounting for the expenses is available, and the complaint asks the FEC to conduct an investigation into the matter immediately.
Chakrabarti did not return a request for comment. But he defended the set-up on Twitter, saying, ’We were doing something totally new, which meant a new setup. So, we were transparent about it from the start.’
A separate explanation posted by Justice Democrats, one of the political action committees, last year cast the arrangement as above-board. ’The ONLY way to do work for multiple candidates legally at this scale is to create an LLC and act as a vendor,’ the group said.
The FEC complaint asserts that Chakrabarti established two PACs, the Brand New Congress PAC and Justice Democrats PAC, and then systematically transferred more than $885,000 in contributions received by those PACs to the Brand New Campaign LLC and the Brand New Congress LLC -- companies that, unlike PACs, are exempt from reporting all of their significant expenditures. The PACs claimed the payments were for ’strategic consulting.’
Although large financial transfers from PACs to LLCs are not necessarily improper, the complaint argues that the goal of the ’extensive’ scheme was seemingly to illegally dodge detailed legal reporting requirements of the Federal Election Campaign Act of 1971, which are designed to track campaign expenditures.
Critics said the arrangement appears unusual and should be probed.
’It sounds to a lot of people like that’s a way to skirt the campaign finance laws in this country,’ former Utah GOP Rep. Jason Chaffetz said on Fox News’ ’America’s Newsroom.’ ’And the FEC and the other regulators need to get in there and find out where was this money going – was it going to people’s pockets? Was it legitimate or not?”
Some suggested the complaint could indicate hypocrisy from Democrats who have railed against “dark money” in politics. A video last month of Ocasio-Cortez firing off questions about dark money and campaign finance laws to experts during a congressional hearing has been viewed about 40 million times, reportedly making it the most watched political video posted on Twitter.
“Representative Ocasio-Cortez has been quite vocal in condemning so-called dark money, but her own campaign went to great lengths to avoid the sunlight of disclosure,” Tom Anderson, the director of NLPC’s Government Integrity Project, said in a statement.
“This is the very thing that hides a lot of money,” Chaffetz said of the arrangement outlined in the complaint.
An FEC spokesman declined to comment on the complaint on Tuesday.
“A provision of federal campaign finance law requires that any Commission action on an enforcement complaint be kept strictly confidential until the case is resolved,” spokesman Myles Martin told Fox News.
Fox News’ Gregg Re and Lillian LeCroy contributed to this report.@KatiePavlichPosted: Jan 28, 2021 1:15 PM
Source: (AP Photo/Patrick Semansky)
As Leah and Matt have detailed, there is a populist revolt happening against Wall Street hedge funds.
This morning stock trading applications Robinhood, Webull and others stopped the sale and trade of a number of stocks, including Gamestop, AMC, Nokia and more. They did so after a group of Reddit investors beat hedge fund Melvin Capital at its own game and by playing by their rules.
Robinhood cited ’market volatility’ as the reason they stopped certain stock purchases and trades. People from all kinds of political backgrounds aren’t buying it and are crying foul. Republican and Democrat lawmakers are paying close attention.
?? pic.twitter.com/PjWTyplYIK— Ted Cruz (@tedcruz) January 28, 2021
Inquiries into freezes should not be limited solely to Robinhood.This is a serious matter. Committee investigators should examine any retail services freezing stock purchases in the course of potential investigations - especially those allowing sales, but freezing purchases.— Alexandria Ocasio-Cortez (@AOC) January 28, 2021
Enemies make strange bedfellows. Lock em up https://t.co/xNpccPw5Jj— Dave Portnoy (@stoolpresidente) January 28, 2021
Janet Yellen needs to be brought in front of Congress, TODAY.— Will Chamberlain (@willchamberlain) January 28, 2021
So @RobinhoodApp is saying they are protecting their users from over leveraging and getting burned. But somehow it’s okay when hedgefunds literally do the same exact thing. Nobody had a problem then until the hedge funds lost. Now speculating is a huge issue. #frauds— Dave Portnoy (@stoolpresidente) January 28, 2021
I wish the SEC had as much of an issue with Insider Trading as they seem to have with Outsider Trading.#RobinHood#GameStop#wallstreetbets ??????— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
It took less than a day for big tech, big government and the corporate media to spring into action and begin colluding to protect their hedge fund buddies on Wall Street. This is what a rigged system looks like, folks! #RobinHood#RedditArmy#GME#GMEtothemoonhttps://t.co/UhrwGHCjng— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
What’s happening right now with Wall Street and tech platforms bailing out their hedge fund bros is ethically no different than if a casino boss came over to a blackjack table and the switched the players cards in full view of everyone— Buck Sexton (@BuckSexton) January 28, 2021
The app is also getting sued by customers. From Bloomberg: Ocasio Cortez In Trouble
Robinhood Markets was hit by at least two customer lawsuits after restricting transactions on stocks including GameStop Inc. following a frenzied runup driven by Reddit-inspired traders.
Robinhood was named as a defendant in federal lawsuits filed in Manhattan and Chicago on Thursday.
In the New York suit, Robinhood user Brendon Nelson, of Massachusetts, said the company removed GameStop from its trading platform in the midst of an “unprecedented stock rise,” depriving individual investors of the ability to invest and manipulating the market. The decision was a breach of its customer agreement and was in violation of financial industry rules, according to the complaint.Alexandria Ocasio Cortez In Trouble
In the Chicago suit, user Richard Joseph Gatz, of Naperville, Illinois, said the halt of trading in Blackberry, Nokia and AMC Theatres “was to protect institutional investment at the detriment of retail customers” and is in “lockstep” with other trading platforms.
There are also serious questions about the role newly minted Treasury Secretary Janet Yellen may have played in the halt of stock sales and trading, given her own profiting from the shorting of GameStop shares.
Register here: http://gg.gg/p2hfx
https://diarynote-jp.indered.space
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