News · Press Release

REMINDER: Tom Kean Jr. Has Continued to Stock Trade & Broke His Promise to Put His Assets Into a Blind Trust

Kean Jr. campaigned on a promise to ban congressional stock trading and move his assets into a blind trust. He’s broken both promises.

Tom Kean Jr. has a confession: He knew stock trading off his votes in Congress was wrong, but he did it anyway.

During his first campaign for Congress, Kean Jr. promised New Jersey voters that he would bring ‘saintly ethics’ to D.C., including supporting a ban on congressional stock trading and a pledge to place his millions of dollars worth of assets into a blind trust to prevent even the perception that he could be benefiting from insider access. Instead, Kean Jr. has continued to play the stock market while serving in Congress and has broken his promise to place his assets into a blind trust.

Kean Jr.’s stock trading drew attention when it was revealed that he made multiple market moves while simultaneously missing votes during his extended absence from Washington. Reporting confirmed that Kean Jr. “personally certified the disclosure, affixing his digital signature to the document on April 13,” tying him directly to the trading activity. And new reporting from The Gothamist this week showed that Kean Jr. traded as much as $340K in June.

DCCC Spokesperson Eli Cousin: 
“Tom Kean Jr. can’t clean up the culture of corruption in Congress because he has become part of it himself.”

###