April 18, 2014 SIGN IN | REGISTER

Ethics Clears Vern Buchanan’s Financial Disclosure Lapse

Bill Clark/CQ Roll Call File Photo

As Roll Call has reported in the past — and as the Ethics Committee acknowledged in its statement — the annual financial statements filed by Members of Congress frequently contain errors or omissions and require amendment. A Roll Call review last May of filings with the Clerk of the House showed that at least three out of 10 House members had to amend their financial disclosure forms at a later date. The committee confirmed that between 30 percent and 50 percent of all statements reviewed contain errors or omissions.

“Buchanan said he was pleased with the committee’s action but not surprised, noting that many Congressmen and Senators routinely amend their reports due to inadvertent omissions,” according to a statement provided by his office.

The committee is also considering a second matter related to allegations that Buchanan offered almost $3 million to settle a series of legal disputes with a former business partner in exchange for him filing a false affidavit with the Federal Election Commission. That case was also referred from the OCE and the committee said in May that it would continue reviewing the referral as an 18(a) case, which is ongoing.

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