Report flags three Minnesota members of Congress for stock trading conflicts
Democratic Reps. Dean Phillips, Angie Craig and Sen. Tina Smith were among the names cited
September 14, 2022
Minnesota's Democratic U.S. Reps. Dean Phillips and Angie Craig and U.S. Sen. Tina Smith reported financial trades for themselves or involving family members over the past few years in companies that intersected with their congressional committees.
The New York Times analyzed Congress members' financial filings between 2019 and 2021 and found 97 current members "bought or sold stock, bonds or other financial assets that intersected with their congressional work or reported similar transactions by their spouse or a dependent child." Phillips, Craig and Smith were the only members of the Minnesota congressional delegation cited in the report.
Phillips reported trades in 276 companies, among which the Times identified 34 potential conflicts; Craig reported trades that one of her children made in 19 companies, with two flagged as potential conflicts; and Smith reported trades her husband made in four companies, three of which were deemed potential conflicts.