created after he was confirmed for a senior role at the Department of Veterans Affairs. Kurt DelBene had previously served as a senior executive at Microsoft, a position he resigned from in September 2021, two months before President Biden nominated Rep. DelBene for the administration position.
"The entirety of the contract was disclosed over a year ago and it has not been altered since," the statement continued."The DelBenes cannot adjust or initiate any actions related to the forward contract. These transactions fall under the original forward contract but are being reported separately in the interest of transparency after consulting with the House Ethics Committee and the Department of Veterans Affairs.
DelBene's periodic transaction report submitted on March 9, 2022, stated that the forward contract, worth up to $25 million, had been created a month prior andStill, according to the House Ethics Committee instruction manual, members of Congress are required to report"each purchase, sale, or exchange involving stocks, bonds, commodities futures, or other securities" owned wholly or in part by them, their spouse or their dependent child when the amount of the transaction exceeds...
Source: Law Daily Report (lawdailyreport.net)
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