House Ways and Means Committee Chairman Charles Rangel amended his financial disclosure report to include an account at Congressional Federal Union worth at least $250,000.
Rangel (D-N.Y.) didn't offer an explanation as to why that account wasn't included on his most recent financial disclosure form or why other holdings, such as a retirement account worth at least $250,000, property in New Jersey and shares in two publically-traded companies weren't included.
On his revised financial disclosure form, Rangel also increased the amount of his net worth to between $1,028,024 and $2,495,000, compared with the original amount which declared assets between $516,015 and $1,316,000.
Recommended For You
Rangel, whose panel has jurisdiction over tax and trade issues, including the tax-exempt status of credit unions, is the subject of investigations by two House subcommittees. One panel is investigating an array of questions about his financial dealings and the other is looking into whether he and other members of Congress violated House rules by going on a trip sponsored by an organization that employs lobbyists.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
