Skip to content

New Stock Transactions & Ted Cruz’s Personal Wealth Amendment

New disclosures by members of Congress show recent stock transactions and amendments correcting their annual statements of personal wealth.

Sen. Ted Cruz, R-Texas, amended his personal financial disclosure report covering 2012 to show he had under reported the value of a Goldman Sachs money market, jointly held by he and his spouse. He indicated it was worth between $500,001 and $1 million, rather than the 250,001 to $500,000 he previously reported on May 15, 2013.

His amendment also clarified that two liabilities had been paid off. One was a $250,001 to $500,000 line of credit with Citibank incurred in 2012, which his amendment stated was “paid off in 2012.” The other was $250,001 to $500,000 margin loan with Goldman Sachs incurred in 2012, which the amendment stated was “paid off in 2012.”

He also shifted one non-publicly traded asset into a category for Agreements of Arrangements, and provided a more detailed description. It is now listed as a Promissory Note from Caribbean Equity Partners Investment Holdings Ltd (Kingston, Jamaica) 1999. It had previously been listed as Promissory Note from CEP Investments Holding Ltd, with a value between $100,001 to $250,000.

Rep. Suzan DelBene, D-Wash., reported she sold Microsoft Corporation stock valued between $1,000,001 and $5 million on 9/4.

Rep. Chris Stewart, R-Utah, reported he bought $250,001 to $500,000 of Servergy Inc. on 8/26.

Rep. Richard Hanna, R-N.Y., reported he sold $100,001 to $250,000 of Kellogg Company stock on 9/24.

Rep. John Delaney, D-Md., reported he bought $100,001 to $250,000 of Birmingham Alabama Waterworks 5% bond on 9/4.

Recent Stories

FDA delays menthol ban following lobbying war

House tees up censure vote for Rep. Jamaal Bowman over fire alarm pull

Framework appropriations deal elusive as session winds down

War supplemental stymied in Senate over border holdup

Congress takes holiday decorating seriously. This year it caused an outcry

House Judiciary panel advances renewal of surveillance authority