Rep. Alexandria Ocasio-Cortez (D-NY) is secure enough in her position as a House member from an ultra-blue liberal district in New York City that she has little concern for obeying the financial disclosure rules that apply to members of Congress.
The progressive “squad” member’s 2021 financial report was due to be filed with the House Ethics Committee back on August 13. To date, the public still does not have her report and she is in no rush to comply with the rules.
A spokesperson for Ocasio-Cortez told reporters on Wednesday that she did not feel hurried to obey the federal law regarding disclosing her finances since she could wait until 30 days after the required filing date before she can be hit with a fine.
AOC’s communications director Lauren Hitt said that because there is a 30-day grace period before any fines are levied, she will wait to file her report.
According to the public database maintained by the House Clerk, almost every Congressperson has filed their 2021 financial disclosures as required by law as of Wednesday morning. AOC is one of only 10 out of 435 members of the House who failed by the August 13 deadline. She is joined by Rep. Sheila Jackson Lee (D-TX) on the list of delinquent members.
This year is not the first time that AOC has used the 30-day grace period to excuse a late filing. In September 2020, she filed her 2019 disclosure exactly 30 days late, avoiding the potential fine of $200.
National Legal and Policy Center attorney Paul Kamenar told the Washington Examiner that AOC is both an “admitted scofflaw” and a repeat offender. The representative of the conservative ethics watchdog group added that it causes one to “wonder whether she also files her income tax returns past the deadlines.”
Financial disclosure is a standard we can all agree on. Let's hope there's that much agreement against big/dark money funded campaigns
— Alexandria Ocasio-Cortez (@AOC) May 17, 2017
The hypocritical representative said in April that even the mere perception that a lawmaker has acted in an improper financial manner is a threat to American democracy itself.
Ocasio-Cortez has often promoted the idea of prohibiting lawmakers from trading individual stocks. She said that such a rule is needed to tackle a “crisis of faith in our institutions in the United States, and that exploitation of that crisis of faith is a direct threat to our democracy,”
Her disclosure form filed last year indicates she has a net worth between $3,000 and $45,000. She reported that she owned no corporate stocks during 2020.
AOC ran unopposed in the New York primary on Tuesday to stand for reelection as the Democratic nominee from the state’s 14th Congressional District. She is expected to coast to an easy win in November.