Steve Bannon misreports $2 million debt in financial disclosure

[Judi Lynn]

Source: Center for Public Integrity


Top Trump adviser to amend filing after Center for Public Integrity questions
By Christina WilkieemailChris Zubak-Skeesemail 10 minutes ago Updated: 7 minutes ago

White House Chief Strategist Stephen K. Bannon failed to properly disclose more than $2 million in mortgage debt on his required financial disclosure form — an error that was compounded when top White House ethics officers certified that Bannon's incomplete disclosure form was complete and complied with federal rules.

Instead of disclosing the creditors for the four home loans he reported, Bannon simply wrote "HOME LOAN" on each line of the form. Bannon’s form was the only one of more than 400 forms filed by Trump Administration appointees — and reviewed by the Center for Public Integrity and Reveal — that did not specifically list the creditors.

The reason mortgages and creditors are disclosed is to ensure that government officials and those entering government are paying market interest rates for their loans, and not receiving preferential treatment from creditors on the terms.

"What's most significant to me about this situation is that the chief ethics officers at the White House signed off on [Bannon's forms]," said Kathleen Clark, a professor of law at Washington University in St. Louis and an expert on government ethics.

Read more: https://www.publicintegrity.org/2017/07/13/20983/steve-bannon-misreports-2-million-debt-financial-disclosure?utm_source=iwatchnews&utm_medium=web&utm_campaign=rss

[rzemanfl]

1. Ethics? In Drumpf's White House? Tell me another. n/t

[mpcamb]

6. Ethically impaired... Could that be a legal defense?

I've got an idea that a lot of them are going to need it.

[Moostache]

2. Oh my....I have the vapors....I do declare!!!

Not Mister Bannon too?!?!?
Oh heaven fore fend...the world is a fire once more!

[Bengus81]

3. He has four homes but wants to make sure the ACA is thrown in the dumpster..........

for those who can barely afford one home. Wait until they see their new Don'Tcare premium.

[SergeStorms]

4. Everyone.....

in the Trump White House thinks rules do not apply to them. All the President's men are immune to the laws, rules and regulations that apply to the "little people'. Or so they'd like to think. In the business world I'm sure Trump broke every law, rule, and regulation in the book.....MANY times over. He thought he could just waltz into the office of President of the Unites States and continue his lawless ways, and no one would be the wiser. After all, WHO would ever DARE ask the great and powerful Trump to comply?

Short answer; everyone. Trump STILL doesn't realize that he WORKS FOR THE PEOPLE OF THE UNITED STATES OF AMERICA.

These people are disgusting, the entire lot of them. I make stink in their general direction.

[Skittles]

5. repukes forget other things besides Russians

[barbtries]

7. error? give me a FUCKING break!

you don't just forget about 2 million dollars that you owe!

the nazi is there to help trump siphon off the nation's wealth one working person at a time. along with the help of the GOP of course.

didn't the trump wh already come out with some policy stating they didn't have to have ethics? oh, must be another nothingburger.

jeez i hate these people

[Solly Mack]

8. Corrupt from the inside out.

[enid602]

9. Addendum

Addendum:

1 Bank of Moscow
2 Bank of Lenin
3 Bank of Putin
4 Bank of Stalin

[riversedge]

10. "The real story is how shoddy the ethics process is in the White House," Clark said. "This raises an

Best check all of the forms from all of the WH personal!!


....."Individuals make mistakes. The real story is how shoddy the ethics process is in the White House," Clark said. "This raises an important question about the quality of the work that's being done, and how careful these White House ethics officers are."

The absence of such basic information on Bannon's financial disclosure appears inconsistent with the sworn statement Bannon made when submitting his documents. In it, Bannon had pledged the disclosure’s contents were "true, complete and correct to the best of my knowledge."

Bannon, one of Trump’s most influential and controversial advisers, signed his financial disclosure on March 30. The following day, White House ethics lawyers Stefan Passantino and James Schultz both independently certified that Bannon's disclosures were complete, despite the missing information. The White House then transmitted the 12-page disclosure form to the Office of Government Ethics.

[Lyricalinklines]

11. Ethics? trump? I remember he sought to abandon ethics after assuming office of president. Yes? Eom

Edit: Pardon me, I recall he sought to abandon the ethics oversight office of government upon assuming the office of presidency so why are any of us surprised....

No intention of condoning, am making a point with sarcasm.

[CanonRay]

12. These guys sure "forget" a lot of shit which does not seem inconsequential in nature

Millions in debt, hundreds of foreign contacts etc etc...

[JustABozoOnThisBus]

13. It's a wonder they get anything done, ...

... what with all the amending of financial forms, security clearance applications, etc.

It's fraud, or arrogance, or both. What a crew.

[George II]

14. I can't keep up with all these lies, there are just too many each day.

[riversedge]

15. Suspose I would like to forget a 2 BILLION $$ debt also. But I do not trust him

to be truthful