{"id":174,"date":"2026-06-03T20:41:37","date_gmt":"2026-06-03T20:41:37","guid":{"rendered":"https:\/\/modernhomejournals.com\/?p=174"},"modified":"2026-06-03T20:41:37","modified_gmt":"2026-06-03T20:41:37","slug":"republican-rep-daniel-webster-violated-the-stock-act-again","status":"publish","type":"post","link":"https:\/\/modernhomejournals.com\/?p=174","title":{"rendered":"Republican Rep. Daniel Webster Violated the STOCK Act. Again."},"content":{"rendered":"
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Rep. Daniel Webster has become the latest member of Congress to violate a federal transparency and insider trading law, according to a NOTUS review of .<\/p>\n

Read more New York Reverses a $21,000 Fine Against the Trump Campaign<\/a><\/p>\n

Webster (R-Florida) was more than 13 months late reporting the sale of stock he owned \u2014 well past a 45-day disclosure deadline set by the Stop Trading on Congressional Knowledge Act of 2012.<\/p>\n

On Feb. 26, 2025, Webster sold between $15,000 and $50,000 worth of stock of Rexford Industrial Realty<\/u><\/span>, a company that buys industrial real estate. He did not disclose the sale until June 1, 2026. Members of Congress are only required to report the values of their stock trades in broad ranges, rather than specific amounts.<\/p>\n

This is the second time in three years that Webster has violated<\/u><\/span> the STOCK Act\u2019s disclosure provisions.<\/p>\n

\u201cCongressman Webster held an investment portfolio with Merrill Lynch, and they independently chose to sell the stock,\u201d said Adam Pakledinaz, a spokesperson for Webster. \u201cAfter receiving documentation on the transaction from Merrill Lynch, Congressman Webster filed the financial disclosure.\u201d<\/p>\n

The House Ethics Committee\u2019s states that members of Congress are \u201cpersonally responsible for incomplete and inaccurate information\u201d related to their financial disclosure reports. The standard fine for a first-time STOCK Act violation is $200.<\/p>\n

Pakledinaz did not answer other questions from NOTUS, including whether Webster has consulted the ethics committee or paid a fine.<\/p>\n

Read more U.S. Proposes New Tariffs on Countries That Use Forced Labor<\/a><\/p>\n

According to Webster\u2019s , the most recent one available, Webster reported owning between $100,001 and $250,000 in stock in Webster Air Conditioning and Heating, an Orlando, Florida-based company for which he serves as president. Webster filed an for his 2025 financial disclosure, which is now due in August.<\/p>\n

Debate has raged on Capitol Hill over whether to restrict or ban members of Congress from trading individual stocks, with some lawmakers citing conflicts-of-interest concerns and habitual violations of the STOCK Act as prime reasons.<\/p>\n

The Committee on House Administration voted in January to advance<\/u><\/span> the Stop Insider Trading Act, which would in part prohibit lawmakers from buying new individual stocks but not require them to divest their current holdings. They would also have to give a notice within seven days before selling existing holdings.<\/p>\n

During the past 12 months, more than two dozen federal lawmakers have reportedly violated the STOCK Act, including then-Sen. Markwayne Mullin<\/u><\/span> of Oklahoma and Sens. Katie Britt<\/u><\/span> of Alabama, Susan Collins<\/u><\/span> of Maine, John Hickenlooper<\/u><\/span> of Colorado, Mike Rounds<\/u><\/span> of South Dakota and John Fetterman<\/u><\/span> of Pennsylvania.<\/p>\n

In the House, STOCK Act violators include Reps. Linda S\u00e1nchez<\/u><\/span> of California, Julia Letlow<\/u><\/span> of Louisiana, Jim Jordan<\/u><\/span> of Ohio, Lisa McClain<\/u><\/span> of Michigan, Pat Ryan<\/u><\/span> of New York, Sheri Biggs<\/u><\/span> of South Carolina, Donald Norcross<\/u><\/span> of New Jersey, Rich McCormick<\/u><\/span> of Georgia, Ritchie Torres<\/u><\/span> of New York, Troy Nehls<\/u><\/span> of Texas, Christian Menefee<\/u><\/span> of Texas, Dan Meuser<\/u><\/span> of Pennsylvania, Jonathan Jackson<\/u><\/span> of Illinois, George Whitesides<\/u><\/span> of California, Val Hoyle<\/u><\/span> of Oregon, Austin Scott<\/u><\/span> of Georgia, Shri Thanedar<\/u><\/span> of Michigan, Debbie Wasserman Schultz<\/u><\/span> of Florida, Pramila Jayapal<\/u><\/span> of Washington state, Kelly Morrison<\/u><\/span> of Minnesota, Ed Case<\/u><\/span> of Hawaii and Scott Franklin<\/u><\/span> of Florida. Rep. Kevin Hern<\/u><\/span> of Oklahoma was also late, although his office denies it.<\/p>\n

Other members \u2014 such as Reps. Cleo Fields<\/u><\/span> of Louisiana, Dave Taylor<\/u><\/span> of Ohio, Tim Moore<\/u><\/span> of North Carolina and Byron Donalds<\/u><\/span> of Florida \u2014 have reported making personal financial trades with notably political timing.<\/p>\n

Read more Top HHS Lawyer Reassigned After Stock Trading Rebuke<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Florida Republican failed to disclose the sale of real estate stock until more than 13 months after a federal deadline.<\/p>\n","protected":false},"author":1,"featured_media":173,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money"],"yoast_head":"\nRepublican Rep. Daniel Webster Violated the STOCK Act. Again. - Modern Home Journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/modernhomejournals.com\/?p=174\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Republican Rep. Daniel Webster Violated the STOCK Act. 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