Texas Attorney General Ken Paxton's Financial Disclosures Appear to Violate Federal Ethics Law
Texas Attorney General Ken Paxton, the Republican nominee for U.S. Senate, appears to have significantly violated federal ethics law in his recent financial disclosures, according to a review by ProPublica and The Texas Tribune. The review found that Paxton reported owning seven homes but claimed no income from any of them, despite evidence that most were listed for rent and some had confirmed tenants. Receiving income and not reporting it is a violation of federal disclosure law, as confirmed by three ethics experts. Additionally, Paxton reportedly failed to disclose mortgages totaling $1.3 million for three condos at a Utah golf resort, which federal law requires to be listed as liabilities if they are not personal residences. He also undervalued his stake in a Texas land plot, reporting it at up to $50,000 last year, while his business partner stated it has been worth approximately $1 million for years. These apparent omissions obscure Paxton's true financial standing, making it difficult for voters to ...