GOP Sen. Bob Corker Failed To Disclose Millions In Assets And Income

With the government shutdown entering its second week with no end in sight, Sen. Bob Corker, R-Tenn., center is questioned by reporters as he walks to join fellow Republicans at a weekly policy luncheon in the Senate... With the government shutdown entering its second week with no end in sight, Sen. Bob Corker, R-Tenn., center is questioned by reporters as he walks to join fellow Republicans at a weekly policy luncheon in the Senate, Tuesday, Oct. 8, 2013, at the Capitol in Washington. (AP Photo/J. Scott Applewhite) MORE LESS
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Sen. Bob Corker (R-TN) didn’t file millions of dollars worth of investments and profits he received since coming to the Senate in 2007, according to a report in the The Wall Street Journal Sunday.

According to the Journal, Corker filed amendments to his financial disclosure forms late Friday after the paper had previously inquired about several inconsistencies in Corker’s finances.

Senators may engage in outside business activities and investments, but under Senate rules they must disclose their assets and incomes. Corker is a high-ranking Republican on the Senate’s banking committee.

The Journal reported that the new filings show Corker made $2 million in hedge fund profits as well as millions more through his commercial real estate business.

In a statement Friday, Corker told the Wall Street Journal that he regretted any accounting errors.

“I am extremely disappointed in the filing errors that were made in earlier financial disclosure reports,” Corker told the Journal. “After completing a full, third-party review, we have corrected this oversight.”

While Corker appears to have corrected the reports, the senator still faces the ire of watchdog groups like the Campaign for Accountability. That group’s president Anne Weismann told the Wall Street Journal that she was planning to file an additional ethics complaint in light of the new filing.

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Notable Replies

  1. Republicans and ethics are like oil and water.

  2. Keep living that gimmick Bob

  3. How do we know if this money wasnt earmarked for Bengazi?

  4. Corker’s excuse gets an ‘F’ - for FRAUD.

  5. Avatar for schmed schmed says:

    That group’s president Anne Weismann told the Wall Street Journal that she was planning to file an ethics complaint against Corker.

    It’s a little known fact that when Congress exempted gun manufacturers from civil liability, they attached a rider that exempted Republicans from ethics.

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