Ethics Watchdog Files Formal Complaint Against Rep. Jasmine Crockett Over Stock Disclosure Failures

By Eric Mack | Wednesday, 05 November 2025 11:02 AM EST

A nonpartisan government ethics watchdog has filed a formal complaint alleging that Rep. Jasmine Crockett, D-Texas, violated federal disclosure laws by failing to report dozens of stock holdings while serving in Congress. The Foundation for Accountability and Civic Trust (FACT) asked the Office of Congressional Conduct (OCC) to investigate Crockett’s financial filings, citing inconsistencies between her Texas state disclosures and congressional reports covering 2021.

The complaint highlights that as a state legislator, Crockett reported owning stock in at least 28 companies, including Exxon Mobil, Moderna, and Aurora Cannabis. However, her congressional disclosure for the same period listed just three—Devon Energy, MGM Resorts, and Moderna—omitting 25 others. FACT stated that some of these unreported holdings exceeded the $1,000 threshold required under the Ethics in Government Act, potentially exposing Crockett to fines or up to a year in prison if proven willful.

FACT Executive Director Kendra Arnold emphasized the importance of financial disclosure laws in maintaining public trust, noting that Crockett’s stock holdings include stakes in corporations that reportedly stood to benefit from actions she has taken as a lawmaker and legislation she has introduced in Congress. The watchdog also pointed to conflicts with her publicly cultivated image as a champion of green energy.

Newsmax has reached out to Crockett’s congressional office for comment. Crockett, who is reportedly considering a run for Senate in Texas, has not publicly addressed the allegations.