{"id":360884,"date":"2010-02-24T19:09:00","date_gmt":"2010-02-25T00:09:00","guid":{"rendered":"tag:www.opensecrets.org,2010:\/news\/\/8.1389"},"modified":"2010-02-24T19:11:11","modified_gmt":"2010-02-25T00:11:11","slug":"rep-jane-harman-frequently-traded-toyota-stock-earning-money-from-embattled-company","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/360884","title":{"rendered":"Rep. Jane Harman Frequently Traded Toyota Stock, Earning Money From Embattled Company"},"content":{"rendered":"

\"janeharman.jpg\"<\/a>U.S. Rep. Jane Harman, who recused herself Tuesday<\/a> from House Energy and Commerce Committee hearings about the safety of Toyota vehicles, acknowledged that her financial ties to the company should disqualify her from participating in hearings and floor votes related to the committee’s recommendations. <\/p>\n

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Harman<\/a> is both a member of the Energy and Commerce Committee<\/a> and Congress’ most prolific trader of Toyota stock in 2008. The congresswoman and her husband, Sidney, together reported owning between $116,003 and $315,000 worth of the embattled automaker’s securities in 2008, according to a Center for Responsive Politics analysis of her personal financial disclosure report filed that year. (Lawmakers are only required by law to report their assets in broad ranges, and 2008 is the most recent year for which this data is available.)<\/div>\n
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In that report, the Harmans also reported numerous purchases and sales<\/a> of Toyota stock throughout the year — 30 transactions in all, her report indicates.<\/div>\n
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That compares to five reported transactions in 2007, none in 2006, 29 in 2005 and seven in 2004, according to Harman’s personal financial disclosure reports.  <\/div>\n
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Her actual, reported Toyota stock values have also fluctuated in recent years: between $1,001 and $15,000 in 2007; $0 in 2006 and 2005; and between $45,003 and $150,000 in 2004. She’s among several federal lawmakers<\/a> to report a financial interest in Toyota. <\/div>\n
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The Harmans in 2008 also reported<\/a> owning dozens of other assets worth tens of millions of dollars, including hundreds of thousands of dollars worth of stock in automakers Honda, Nissan and Volkswagen. <\/div>\n
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Harman’s congressional office did not return requests Wednesday for comment on the congresswoman’s decision to recuse herself from Toyota-related votes.<\/div>\n
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Click here<\/a> to access OpenSecrets.org’s full personal financial disclosure profile of Harman, who ranks among the most wealthy members of Congress.<\/div>\n
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