Manchin cites a blind trust to justify climate votes. But much income from his family’s coal company isn’t covered.

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Contrary to his public statements, documents filed show that the senator's blind trust is much too small to account for all his reported earnings from the coal company.

That enterprise could have taken a hit under a key part of President Biden’s climate agenda, a $150 billion plan to push coal plants toward cleaner energy. One lawmaker, though, played a central role in killingthousands of dollars annually from the family coal company while using his role as a Democratic swing vote in a 50-50 Senate to dictate Biden’s policies.

The senator’s effort to dismiss questions about his coal interests by declaring he has a blind trust is “misleading and at worst it’s just not true,” said Don Fox, a former general counsel and acting director of the Office of Government Ethics in the Obama administration, who examined Manchin’s financial records at The Washington Post’s request. He cited the vast difference between Manchin’s reported income from the trust and his family’s coal business.

Congressional rules are more lenient than, for example, those governing many top executive branch officials, whose assets would be reviewed by the Office of Government Ethics for potential conflicts of interest, making them subject to a requirement to divest, recuse or seek a waiver.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Starbucks workers in Buffalo vote to unionize; cafe is first company-owned store in U.S. with unionStarbucks workers in Buffalo, New York, win unionization vote, becoming the first company-owned US location to successfully organize under the coffee chain. Are they going to protest that they live in Buffalo? It’s about time. Congrats, big time! I owe you an apology to ever doubt your sincerity and professionalism. CampbellTarella It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life.
Source: NBCNews - 🏆 10. / 86 Read more »