Wisconsin Rep. Petri to Ethics Investigators: Bring It On

Image: Wisconsin Rep. Petri to Ethics Investigators: Bring It On

Monday, 17 Feb 2014 07:32 PM

By Sandy Fitzgerald

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Wisconsin Republican Rep. Tom Petri is calling for an ethics investigation into his own actions, saying he is "distressed by the innuendo" that there is a conflict of interest between his financial interests and his actions as a lawmaker.

In a letter sent to the House Ethics Committee and released on Monday, Petri said he wants to end any questions about how he has advocated Oshkosh Corp., a defense contractor in his district, to the Pentagon and on Capitol Hill, reports The Hill.

According to an investigation conducted by the Gannett Washington bureau, Petri owns hundreds of thousands of dollars of Oshkosh stock.

A USA Today report says Petri contacted both the Secretary of Defense and the Army Secretary in 2009 to expedite a $3 billion truck-manufacturing contract for Oshkosh. Further, the newspaper reports, Petri asked Congress to vote down $101 million in cuts to the program last year.

Petri's investments of $265,000 to $650,000 in Oshkosh stock grew, the Gannett analysis found, by 28 to 33 percent, to a value of $340,000 to $863,000.

The lawmaker said in his letter that it is his "honor and duty to advocate on his behalf" for people who live and work in his district, and said he already reported his investments in Oshkosh on disclosure forms and in public records.

"My advocacy has been taken openly," Petri said in his letter, insisting that his actions as a stockholder "are no different than any other stockholder based solely on public information."

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Former Conn. Gov. Rowland Found Guilty of Campaign Law Violations

Friday, 19 Sep 2014 15:40 PM

Former Connecticut Governor John Rowland violated U.S. election laws by taking under-the-table payments from a business  . . .

Rubio Distances Himself From Cruz, Paul

Friday, 19 Sep 2014 13:21 PM

U.S. Senator Marco Rubio further separated himself from other potential Republican presidential contenders in his chambe . . .

Rubio Breaks Again From Cruz, Paul by Backing Syria Rebel Plan

Friday, 19 Sep 2014 13:00 PM

Sen. Marco Rubio further separated himself from other potential Republican presidential contenders in his chamber by sup . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved