Rangel Failed to Report Profit on Condo Sale

• By Paul Singer
• Roll Call Staff
• Sept. 15, 2008, 3:46 p.m.

House Ways and Means Chairman Charlie Rangel (D-N.Y.) appears to have made a $70,000 profit from the 2006 sale of a Florida condominium he had purchased two years earlier, but he never reported the profits on his Congressional financial disclosure forms as House rules require.