[Congressional Record Volume 140, Number 30 (Thursday, March 17, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: March 17, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
MORE ON THE CLINTONS
Mr. BARTON of Texas asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. BARTON of Texas. Mr. Speaker, yesterday another colleague from
New Mexico raised on the House floor the issue of Hillary Rodham
Clinton's investment of nearly $100,000 in a hedge fund that sold short
health care and pharmaceutical stocks.
Every President since Jimmy Carter has put his family's investments
in a blind trust before taking office. Because the Clintons did not do
so, they were in a position to know where their money was.
Whether Mrs. Clinton knew about her financial interest in health care
and pharmaceutical short sales is very important, because if she did,
she may have violated the ethics laws.
Our colleague implied that Ms. Clinton did not know about specific
short sales of health care and pharmaceutical stocks. In fact, however,
the Clinton's financial disclosure reports suggest she and the
President did know. They reported, by name, several specific short
sales of health care and pharmaceutical companies on just 1 day--
December 31, 1992. That was half a year after our colleague suggests
specific investment information had stopped coming to them. Bill
Clinton himself signed the report.
Still, the Clintons have yet to reveal the short sales made by Ms.
Rodham Clinton's partnership during the campaign, or in the first half
of 1993, before they belatedly put their investments in a blind trust.
Mr. Speaker, that is why 81 of our colleagues have asked for an
investigation of Mrs. Clinton's compliance with the Ethics in
Government Act.
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