Rep. Jasmine Crockett (D-TX) owned stocks in a total of 25 companies that she failed to disclose to the public during her first run for Congress in 2022, despite having admitted to the holdings the year prior when she was a state legislator. Crockett also failed to mention the holdings after she got to Washington in 2023.
Crockett has utilized social media and media interviews to create a carefully crafted image as the future of radical progressivism, especially on environmental issues. However, after taking a careful look at her rather impressive stock portfolio, much of what she has invested in flies in the face of everything she claims to stand for.
One such business was a marijuana business which resulted in a failed attempt to open up several dispensaries in Ohio. Crockett has described herself as a civil rights attorney, which created a bit of a conundrum for the Texas politician, as she once provided legal services for a man accused of killing someone in a pot deal gone wrong.
Going even further, the Democrat congresswoman has also fought for the decriminalization of marijuana during her time in both the Texas statehouse and Congress, creating a conflict of interest. During an interview from earlier this year, Crockett, 44, said, “I have no husband, y’all. Never been married, never been engaged,” pointing out that she provides for herself financially.
Her financial holdings, according to the Free Beacon, include stakes in several corporations that would have benefited from actions she’s taken while serving in the legislature, along with legislation she’s introduced in Congress. Crockett’s other investments stand in clear opposition to the image she’s presented as a proponent of green energy.
The Texas Democrat has holdings in major companies from a wide variety of industries including pharmaceuticals, fossil fuels, technology, automobiles, and marijuana firms. However, the foul-mouthed liberal, who revealed on Wednesday she’s thinking of running for a Senate seat in Texas, didn’t disclose any of these stocks during her first congressional financial disclosure, which covered her financial holdings during 2021.
A few of the companies listed in her holdings include, Johnson & Johnson, AstraZeneca, General Motors, Uber, DuPont, ExxonMobil, American Airlines, AT&T, Aurora Cannabis, Ford, and “Corporate Cannabis,” and “Stocks Worldwide.” The congresswoman also stated in her last Texas financial disclosure that she owed debts of at least $110,000. Again, none of these were mentioned during her first congressional financial disclosure from the same year.
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Candidates seeking a congressional seat are required by law to provide detailed financial disclosures. If they should emerge the victor, they have to file additional disclosures at the start of their term. Failure to comply can lead to hefty civil and potentially even criminal penalties.
The executive director for ethics watchdog organization Americans for Public Trust, Caitlin Sutherland, spoke with the Free Beacon, saying that both the undisclosed stock portfolio and debts raise concerns of conflict of interest as several companies she’s invested in — pharmaceutical and marijuana businesses — would benefit from action she’s taken during her time as both a state and federal lawmaker.
“Personal financial disclosure rules are in place to make sure Members of Congress do not engage in conflicts of interest while working for the American people,” Sutherland told the outlet. “The concerns surrounding the extreme discrepancies between Representative Crockett’s state and federal financial disclosures are certainly legitimate. If she is found to have improperly reported her assets and liabilities, further inquiry and possible penalties would be warranted.”
Crockett reported that she owned less than 100 shares in each of the 25 companies during her Texas financial disclosure covering the 2021 calendar year, however she left these out of her congressional disclosure covering the same year. The report goes on to note that it’s not clear as of this writing whether she still owns stock in those companies.
By law, members of Congress are only required to publicly disclose holdings over $1,000. It’s also unclear if she still has debts on her record. In the Texas financial disclosure the sassy Crockett reported owing $46,580 to both the Texans Federal Credit Union and Wells Fargo at the end of 2021. She also said she owed between $18,630 and $46,580 to a person named Ben Babcock. None of these were reported on her congressional financial disclosure.
The debt Crockett owes to Babcock is potentially connected to a home she rented while serving as a member of the Texas legislature. Data from the disclosure reveals a steady increase in the amount owed to Babcock from 2019 to 2021. Minutes from meetings taken by the Dallas City Plan Commission in 2020 and the Dallas City Council in 2021 show she lived in a West Dallas home owned by Ben Babcock.
While serving as a member of the state legislature, Crockett introduced several bills that would have helped boost her stock in cannabis companies. Her legislation would have legalized drug paraphernalia associated with the use of marijuana and would have expanded access to medical marijuana in the state. None of them passed, however. But Crockett continued to push for decriminalization of the substance after becoming a member of Congress.
As a state representative in 2021, Crockett was a very loud and proud pusher of the COVID-19 vaccine mandates, which helped provide a boon for the pharmaceutical companies listed in her portfolio, which included Johnson & Johnson and AstraZeneca. During that time she shredded “right-wing nuts” for daring to oppose the mandates and has fought tooth-and-nail against Health Secretary Robert F. Kennedy Jr.