As COVID cost Nevada lives and jobs, Swindlin’ Susie Lee and family cashed in. Lee and her husband benefitted from sweet stock trades – worth up to $75,000 – at the same time Lee got briefings on the pandemic. And then her husband’s company got $5.6 million in taxpayer funds after using her clout to push legislation to benefit him.
According to an eye-opening report in The Daily Beast, Susie Lee lobbied to loosen federal regulations that allowed her husband’s company to obtain $5.6 million from American taxpayers—an obvious ethical problem and glaring conflict of interest. Money flowed to her personal business interests and her family benefited—big time.
When confronted with her unethical behavior, Susie Lee refused to fess up. Instead, she lied to reporters, claiming she had “no role in or knowledge” of the deal with her husband’s company. In the following days, reports surfaced that Susie Lee was approached and warned in advance by senior Democrats that pushing money for her husband’s business would be “unethical.” Congresswoman Lee later admitted she was intimately aware of the deal with her husband’s company and was updated on the money’s progress every step of the way.
An independent watchdog quickly filed an ethics complaint against Susie Lee for her scheme. It’s no surprise why. House Ethics Rules prohibit Members of Congress from taking official action when the Member has an apparent or actual conflict of interest and ban members from using their offices in any way for private gain.
Making matters worse, Susie Lee went through all this effort to push $5.6 million dollars to her husband’s company and not one penny of the loan went to help a single Nevada worker. According to filings with the Securities and Exchange Commission, all of the money her husband took went to support 2 out-of-state businesses: one in Indiana and another in Colorado. See the SEC filing here.
But Susie Lee’s husband wasn’t the only one to benefit. According to her Personal Financial Disclosure, Congresswoman Lee and her family have as much as $8.1 million of stock in her husband’s business, a stock that soared 33% since they secured federal funding—making Susie Lee even richer.
And like always, Susie Lee said one thing in public and did the exact opposite. Her husband’s company secured the loan using a loophole in the law that Susie Lee slammed on local television just days before, telling a reporter it’s “not what Congress intended” when large corporations divide up their businesses to loophole their way into the requirements. “Do as I say, not as I do,” apparently is Susie Lee’s rallying cry.
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