California Democratic Sen. Adam Schiff is once again playing political games, this time demanding financial disclosures from senior White House officials, and it didn\u2019t take long for the Trump team to call out the hypocrisy.<\/p>\n\n\n\n
Instead of aiming his outrage where it belongs, Schiff sent a letter to White House counsel David Warrington and Chief of Staff Susie Wiles, voicing \u201ccontinued and growing concern regarding\u2026 failure to submit any financial disclosure reports for senior White House officials to the Office of Government Ethics within the statutorily mandated period,\u201d Fox News reported<\/a>.<\/p>\n\n\n\n But as usual, Schiff ignored the real elephant in the room \u2014 California colleague Nancy Pelosi\u2019s shady financial history.<\/p>\n\n\n\n White House spokesman Kush Desai wasn\u2019t having it, telling ABC News, \u201cThe American people remain highly concerned about Nancy Pelosi\u2019s long, documented history of insider trading and eagerly await Adam Schiff refocusing his political stunt on serious issues, like Pelosi\u2019s portfolio.\u201d<\/p>\n\n\n\n Schiff demanded a list of officials required to file \u201cnew entrant\u201d reports, a reason for the alleged \u201cfailure to transmit\u201d them, and any late filing penalties. He also pointed out that he had joined an earlier letter in April with a group of fellow Democrats, including Rep. Mike Levin and Rep. Jerry Nadler.<\/p>\n\n\n\n But the White House quickly pushed back again, with spokeswoman Taylor Rogers saying officials are fully compliant with ethics laws, \u201cincluding the obligation to file periodic transaction reports disclosing the purchase or sale of certain securities.\u201d<\/p>\n\n\n\n Still, Schiff kept up the grandstanding. \u201cFor decades, administrations of both parties, including the first Trump Administration, have fulfilled this obligation, recognizing that public trust in government depends on robust, enforceable transparency standards,\u201d he claimed.<\/p>\n\n\n\n He accused the Trump White House of ethics failures, saying that \u201csenior officials in this administration have repeatedly failed to disclose assets and business entanglements, as well as potentially misused their official positions for personal gain. Transparency and compliance with ethics laws are essential.\u201d<\/p>\n\n\n\n If Schiff actually cared about ethics, he might want to take a closer look at his longtime ally.<\/p>\n\n\n\n Pelosi, whose personal wealth reportedly tops $120 million, has faced accusations of insider trading for years. She didn\u2019t answer when a Fox News Digital reporter asked her about it on Capitol Hill last month. Her spokesman, Ian Krager, later claimed \u201cshe does not own any stocks, and she has no prior knowledge or subsequent involvement in any transactions.\u201d<\/p>\n\n\n\n That didn\u2019t stop Republicans from pushing back. Missouri Sen. Josh Hawley introduced the PELOSI Act, the Preventing Elected Leaders from Owning Securities and Investments<\/em> Act, in 2023. Congressman Mark Alford followed up with a House version. Both bills were inspired by the long-standing questions around Pelosi\u2019s trades.<\/p>\n\n\n\n \u201cMembers of Congress should be fighting for the people they were elected to serve\u2014not day trading at the expense of their constituents,\u201d Sen. Hawley said. \u201cAmericans have seen politician after politician turn a profit using information not available to the general public. It\u2019s time we ban all members of Congress from trading and holding stocks and restore Americans\u2019 trust in our nation\u2019s legislative body.\u201d<\/p>\n\n\n\n Missouri Republican Rep. Mark Alford introduced his bill in the House to ban congressional stock trading, which he said is \u201ccomplementary\u201d to Missouri Republican Sen. Josh Hawley\u2019s legislation in the Senate.<\/p>\n\n\n\n