House Ethics Committee Chair Michael Guest Violated STOCK Act with Late Stock Sale Disclosures
House Ethics Committee Chair Michael Guest, a Republican from Mississippi, has violated the Stop Trading on Congressional Knowledge (STOCK) Act by failing to disclose three stock sales within the legally mandated 45-day period. A review of congressional financial records by NOTUS indicates that Guest was more than six months late in reporting these transactions. The sales, involving shares of Chevron, Airbnb, and e.l.f. Beauty, were made by a family trust fund owned by his wife, Haley. Guest's chief of staff, Jordan Downs, stated that the congressman had no decision-making role in the trust and was not consulted on these or any other transactions made by the trust. Guest informed the clerk of the House of Representatives that he only recently learned of the December 16 sales, attributing the oversight to a compliance firm. He has since notified House Ethics Committee staff and initiated an additional compliance review. Each late sale was valued between $1,001 and $15,000 and was reportedly made at a loss. ...