Alaska’s sole member of Congress, Rep. May Peltola, has filed an extension on her required financial disclosures with the U.S. House Clerk’s Office. She made the request on May 11 and will now have 90 days to complete the filing and pay a $200 fine.
Her own finances appear to be straightforward enough, but recently her husband Gene Peltola has created a number of business entities, with financial ties that will have to be disclosed, including Alaska Carbon Solutions, NYAC Holdings, DLG Services, and Peltola Solutions. But Peltola’s extension now allows her until Aug. 15 to disclose all of Gene’s financial dealings.
It’s a requirement of House members and candidates to have a financial disclosure on file and visible to the public so voters understand what financial interests might influence the politician. It’s a duty detailed in Title I of the “Ethics in Government Act” of 1978.
Congress in 2012 passed the “Stop Trading on Congressional Knowledge Act Act,” which prohibits members and employees of Congress from using “any nonpublic information derived from the individual’s position … or gained from performance of the individual’s duties, for personal benefit.”
