What disclosures reveal about GOP run-off candidates vying to represent Texas CD – 2

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What disclosures reveal about GOP run-off candidates vying to represent Texas CD – 2

No candidate running for election (or re-election) should be exempt from the requisite filing of personal financial disclosures nor should the supporters of a candidate attempt to vilify anyone asking sincere, honest and pertinent questions about their favored candidates’ adherence to disclosure deadlines required by law.

It was in that context that upon reading a Houston Chronicle story titled Congressional candidate Dan Crenshaw flubs ethics paperwork, followed by a Friday afternoon search on the Office of the Clerk of the U.S. House of Representatives website, one particular aspect of the Chronicle’s reporting was confirmed.

Earlier today I contacted Steinhauser Strategies for comment about Dan Crenshaw’s requirement to file a personal financial disclosure (many thanks to Brendan for responding so promptly) —and upon assurance that Crenshaw had filed the required paperwork —voila!—his personal financial disclosure report was located on the Office of the Clerk website.

So what do the personal financial disclosure reports of both Texas State Rep Kevin Roberts and his opponent Dan Crenshaw reveal? Here’s your opportunity to compare and contrast some high-level data:

  • Kevin Roberts financial disclosure filing date: 12/7/2017
  • Dan Crenshaw financial disclosure filing date: 4/20/2018

 

  • Kevin Roberts earned income (salary): $471,000+
  • Dan Crenshaw earned income (consulting fee): $3000

Roberts listed his salary derived from employment at Lanier Law Group. Crenshaw listed a consulting fee as earned income derived from an entity called Rejuvenate Bio.

Crenshaw reported rental income of between $15,001 – $50,000 each on two properties; one in San Diego, California and the second in Imperial Beach, California.

  • Schedule D liabilities disclosed by Crenshaw:
    • One mortgage with Nationwide – amount between$100,001 – $250,000
    • One mortgage with Stearns – amount between $250,001 – $500,000
  • Schedule D liabilities disclosed by Roberts:
    • Frost Bank line of credit – liability between $15,001 – $50,000

Both candidates ironically own shares of Schlumberger.

The personal financial disclosure forms of both candidates can be found on the Office of the Clerk of the U.S. House of Representatives website here.

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