A government watchdog group is calling for a probe into Joe Manchin’s (D., W.V.) failure to report ownership of a limited liability company that holds a $700,000 yacht he lives on while he is in Washington, D.C.
A complaint was filed to the Senate Select Committee on Ethics Thursday by the Foundation for Accountability and Civic Trust (FACT), a D.C.-based ethics watchdog organization, alleging that Manchin violated Senate Ethics Rules in relation to financial disclosures.
Manchin bought a 65-foot yacht, which he named “Almost Heaven”, in October 2013 for $700,000. Manchin later transferred ownership of the yacht to Country Roads Marine LLC—a West Virginia-based LLC—that Manchin and his wife incorporated and are listed as members and officers, records show. Manchin docks the boat on the Potomac River in Southeast D.C. and resides in it while he is in the city.
However, since 2013, Manchin has failed to report ownership of Country Roads Marine LLC, which FACT says is a “serious violation of Senate Ethics Rules,” given they require senators to list “outside compensation, holdings, transactions, liabilities, positions held and gifts received” on their financial disclosure reports.
“Senate Ethics Rules and Federal law require that Senators ‘must indicate outside compensation, holdings, transactions, liabilities, positions held and gifts received on their Financial Disclosure Reports,” the complaint notes, quoting the Senate Ethics Manual. “The Senate Ethics Manual further clarifies that Senators must disclose ‘[a]ny property held by the filer, his/her spouse, and/or dependent children for investment or the production of income’ if their interest in the property is ‘worth more than $1,000 at the close of the reporting period or the property generated income of more than $200 during the reporting period.” read more