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Senate Minority Leader Harry Reid $700k Oversight


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Senate Minority Leader Harry Reid (D-NV) collected $700,000 on a Las Vegas land sale even though he hadn't personally owned the property for three years. Reid had failed to disclose to Congress an earlier transaction "in which he transferred his land to a company created by a friend and took a financial stake in that company." Reid countered that, although the title to the land had passed to a joint venture, he maintained continual ownership over the property. Nevertheless, Reid immediately apologized for the oversight lapse and amended his 2001 disclosure forms and asked the Senate Ethics Committee to clarify the matter. Other lawmakers took a different approach. Weldon, for example, has blamed Citizens for Responsible Ethics in Washington Executive Director Melanie Sloan, former National Security Advisor Samuel Berger, and former CIA officer Mary McCarthy for his current ethical troubles. He believes the FBI's investigation is "revenge for his criticisms." Rep. Bob Ney (R-OH), who last week pled guilty in the Abramoff investigation, has blamed his legal troubles on the Justice Department, the media, and liberal groups.

 

Another Republican goes down.

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