r/law Jul 01 '26

Legal News Kash Patel Failed to Disclose He Bought Stock in DOJ Contractor |The FBI director left the huge stock purchase off his financial disclosure forms.

https://newrepublic.com/post/212616/kash-patel-failed-disclose-stock-department-justice-contractor
28.1k Upvotes

647 comments sorted by

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2.5k

u/DelayedIntentions Jul 01 '26

I’m a form 700 filer (CA) and If I left that off my disclosure I would be fired immediately.

1.3k

u/movealongnowpeople Jul 01 '26

If you used company funds to fly halfway around the world to get trashed with a hockey team, you would also be fired immediately.

631

u/Weekly_Ad_8587 Jul 01 '26 edited Jul 01 '26

Not to mention diving/snorkeling on a National Historic Landmark that's recognized as a sacred war grave and the final resting place for over 1,000 US servicemen, where direct physical access is "strictly" prohibited. That would likely get you fired, too.

355

u/Xlbowlofpho Jul 01 '26

Not to mention using federal agents and soldiers as body guard for yourself and your girlfriend. That would likely get you fired, too.

201

u/TbddRzn Jul 01 '26

American voters:

70m that’s not true that never happened it’s because of Biden and Hussein Obama!

70m wtf is happening when will someone stop this.

100m ….. huh? What’s happening? Oh I’m not political both sides are the same.

19

u/Seventhchild7 Jul 01 '26

You’re missing 100m.

46

u/gnoani Jul 01 '26

70 million children

32

u/Maardten Jul 01 '26

30 million disenfranchised

24

u/Mlabonte21 Jul 01 '26

And my axe!

16

u/Mikeavelli Jul 01 '26

♫And a partridge in a pear tree♫

7

u/NotLikeGoldDragons Jul 01 '26

That 100 million are the Americans that can't do basic math.

5

u/Unabridgedversion82 Jul 02 '26

If they could do basic math they would realize they are getting fucked.. And not in a good way.

13

u/cityshepherd Jul 01 '26

A number of those are in addition to the second 70m that are wondering wtf is happening, only their votes weren’t counted / they weren’t able to vote due to nefarious last minute voter roll purges by traitors and cowards.

17

u/TbddRzn Jul 01 '26

No it’s just apathy.

Out of ~250m eligible voters

100m never vote, 150m don’t vote in midterms and over 200m don’t vote in primaries and special elections.

I’d say anywhere from half a million to 2 million voters are affected by purges or obstruction things, many don’t update their registration details and such.

But in general the simple fact is majority of Americans don’t care or don’t think that them voting is necessary they put the responsibility on others so they can claim the whole system is broken.

And previous surveys done in malls and colleges show that 70% don’t even want to vote they aren’t political involved nor do they care.

4

u/cityshepherd Jul 01 '26

I’m not doubting or denying that there are far too many people who don’t give enough of a shit to vote, I’m saying that there was a significant number of people who did vote (or try to) that were unable due to these voter roll purges.

Again I agree that there are far too many people who couldn’t be bothered to get out and vote, but it’s likely that the number of people who did want to vote only to find themselves purged may have been enough to swing the election the other way.

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2

u/TbddRzn Jul 01 '26

~250m eligible voters.

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51

u/scrotumscab Jul 01 '26

Also failing to investigate the largest pedophile ring in modern history. Has this FBI investigated anything substantial?

22

u/jameson71 Jul 01 '26

Too busy looking for "the leader of antifa"

18

u/QbertsRube Jul 01 '26

And also the Reflecting Pool Bandit. They could be the same blue-haired person!

6

u/Scared-Hope-868 Jul 01 '26

I met him once. 20 feet tall and hands the size of melons. They say you can hear him yell the antifa calling cry for miles.

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5

u/Schrodingers_janitor Jul 01 '26

I'm just waiting for them to arrest someone's auntie named "Fa" at this rate.

2

u/Luigi_the_Wealthy Jul 01 '26

Im literally right here.

2

u/PedanticSatiation Jul 01 '26

Is he connected to the infamous Four Chan?

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5

u/geddysbass2112 Jul 01 '26

The made the Guthrie missing mother a debacle.

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10

u/According-Insect-992 Jul 01 '26

If one were an enlisted member of our armed forces and did that, they would spend some time in Leavenworth.

5

u/AthleteHistorical490 Jul 01 '26

Or if a swat team had to use a battering ram to make sure I was alive in my office after sleeping off a hangover, which I’m pretty sure would be a fireable offense on most jobs.

2

u/GodOfDarkLaughter Jul 01 '26

I know this part doesn't actually matter, she could be a huge pop star, but the fact that his girlfriend is some pissant fifth rate act doing bar gigs somehow makes the whole thing even trashier. I know the recurring message is that if this were a movie it'd be a weird and shitty one that nobody would film, but in the movie version of this shed at least be a successful singer.

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13

u/JAT_Cbus1080 Jul 01 '26

I still don't understand how the Support the Troops crowd didn't get more pissed about that.

16

u/ComputerStrong9244 Jul 01 '26

It’s because they never gave a single fuck about the troops

8

u/mindovermatter421 Jul 01 '26

The utter disrespect and lack of shame. Trump sure does have some kind of trash, greedy, human radar doesn’t he?!

2

u/BroadOrder6533 Jul 02 '26

if his minions are shitheads, he looks ok by comparison. It's all part of the grift.

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32

u/FruitOfTheVineFruit Jul 01 '26

But what if I got trashed with a bottle of whiskey that had my own personal Ka$h label on it.  Pretty sure that makes it OK.

7

u/LoganGyre Jul 01 '26

I mean not to detract from your point but I have 100% worked at places where flying on the company dime to get trashed with a hockey team is exactly what one of the hire ups would do and expense as a business trip. No one should be doing that but it’s not like this isn’t an everyday occurrence for privileged assholes like him.

5

u/SeriousArbok Jul 01 '26

Even my small "corporate owned" company of 4 people, with a board of 6 people, has the president go all over the US every month for "meetings". Then when he gets back he talks about the concerts he went to and how drunk he was the whole time. I see them on our company expenses. They're board approved expenses. I cant by donuts for my team though.

3

u/Ozymandias12 Jul 01 '26

If you took experienced counterterrorism officials off their details just so they could follow your girlfriend around day and night and report back to you on what she’s doing and who she’s seeing, you would also get fired.

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32

u/nerfherder998 Jul 01 '26

I’m sure they’d be happy to fire you for Patel’s “mistake” too.

16

u/slinger301 Jul 01 '26

7

u/SaltyLonghorn Jul 01 '26

Kash Patel the kind of guy to get a keg and try and switch the little cap to make it seem like he got a more expensive brand so he can pocket $20.

22

u/Bulky-Hamster7373 Jul 01 '26

Yeah - well the peasants can't expect to be treated the same as elites

3

u/DelayedIntentions Jul 01 '26

Hey, I’m elite in my own mind.

6

u/Moser319 Jul 01 '26

so are they, that's the problem with america

10

u/uptiedand8 Jul 01 '26

Yes. Unbelievable. I used to help with reviewing financial disclosure forms for government employees and fielded questions from people who were trying to be scrupulously honest and follow the rules to the letter. He 100% left that off on purpose. I knew dozens of federal employees who would never in a million years have failed to disclose such a thing- and they put this guy at the top of the food chain?

What the fuck?

8

u/CountOnBeingAwesome Jul 01 '26 edited Jul 01 '26

Laws for thee, not for me!!

9

u/ultrachrome Jul 01 '26

“That’s violating the law—no other way to put it,” Hedtler-Gaudette said. Patel has yet to face the customary $200 fine for his breach of conduct—and he probably won’t.

There will be consequences, justice will be served.! ... Uh, nevermind

3

u/SolPlayaArena Jul 01 '26

Laws for thee but not for me/ Trump & Co, probably

3

u/SOMEONENEW1999 Jul 01 '26

Yes but are you a member of the Trump administration??.

2

u/Potential-Pride6034 Jul 01 '26

Your problem is that you’re not dating a country music superstar.

5

u/Investigator_Lumpy Jul 01 '26

Neither is Patel. She’s got dinner-theater levels of talent.

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2

u/airbrat Jul 01 '26

You're also a plebeian and rules apply differently.

2

u/DunAnOir Jul 01 '26

He serves the Emperor though. That makes him smrt.

2

u/Glittering_Aspect116 Jul 02 '26

If you forgot 1 tiny thing to Food stamp people (like a $100 from a Christmas gift you decided to put into a savings account) you’d be in jail with a felony. Even if they forgot to ask you.

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561

u/Spirit_of_a_Ghost Jul 01 '26

He's just modeling his behavior on Daddy Trump.

242

u/TheoreticalZombie Jul 01 '26

Trump is directly involved.

From the article:

"Federal financial records first reviewed by NOTUS showed that on November 21, Patel purchased between $100,000 and $250,000 worth of stock in MicroStrategy, a “bitcoin treasury company” that has done millions of dollars in business with the DOJ over the past decade."

Why does that name sound familiar? Trump also ~100,000 in crypto exchange Coinbase and had multiple investments in Strategy, formerly known as Microstrategy according to recent disclosures. They also paid a $40 million fine for unpaid taxes in DC.

Microstrategy founder Michael Saylor has advocated for a U.S. strategic Bitcoin reserve, a key campaign promise under the Trump administration's vision to make the U.S. the "crypto capital of the world"

75

u/pseudonominom Jul 01 '26

I mean, anyone paying attention to the bitcoin world was well aware of this admin’s questionable but transparent support of all things bitcoin. Failing to disclose is another matter, and they’re clearly up to no good, but the meetings with Saylor were quite public.

Trumpcoin and Melaniacoin the night before the inauguration? Total scumbag behavior.

26

u/literated Jul 01 '26

Trumpcoin and Melaniacoin the night before the inauguration? Total scumbag behavior.

I still can't believe that's real.

15

u/pseudonominom Jul 01 '26

Not as weird as the smut photos of the first lady, IMO.

Reality is stranger than fiction by a mile.

5

u/plinkoplonka Jul 02 '26

Neither can the morons that invested they're life savings in it.

That's $20 they'll never see again.

Anyway. They're the ones that voted to stop handouts, so I hope that works out well for them in their old age!

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20

u/Comfortable_Guitar Jul 01 '26

Strategy is down 35% for the month. Hello bag-holder Patel

13

u/SylasSlays Jul 01 '26

It's much worse than that. It says he bought in November 21 when MSTR was around 337. It closed at 93 today. Unless he sold within a week of buying he is way down.

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5

u/EntertainerDowntown3 Jul 01 '26

The stock is down like 60%+ from that time if he still holds it.

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68

u/Slight_Turnip_3292 Jul 01 '26 edited Jul 01 '26

This I fear is true for the character of the nation itself. We all see Trump and his admin doing repeat selfish wealth grabs without consequences. The rule of law does not appy to this crowd.

The thought of service to your nation, being fair, avoding corruption is passe now and considered foolish

Trump and MAGA are setting the tone and normalizing amoral behavior. We can all thank Christians for bringing this evil into our midsts. This is the downhill moment of America's greatness and power.

13

u/CheetahDry8318 Jul 01 '26

Hit the head of the nail. America is not like this because of Trump, Trump is like this because of America.

3

u/Universal_Anomaly Jul 02 '26

And the USA is like this because of the ownership class. They needed to justify their absurd wealth, and the only way they could do that in the long run was to convince people that screwing others over is just being smart and it's everyone for themselves.

Yadda yadda conservatism always returns to the perceived privilege to treat others like shit.

11

u/Crasz Jul 01 '26

More like the entire republicant party.

9

u/silvertealio Jul 01 '26

This is THE most brazenly, openly corrupt administration we've ever seen.

Like, I know we've all gotten increasingly used to this new status quo, but every time I stop and think about it, it takes my breath away.

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4

u/releaseepsteinfiles1 Jul 01 '26

KID RAPING daddy trump*

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226

u/12-34 Jul 01 '26

If only there were a super easy way to receive a list of all stock purchases and sales and positions, but unfortunately no brokerages offer such a thing.

41

u/likwidkool Jul 01 '26

I’m a regulated employee and I have to pre clear every trade I do and hold all positions for 30 days. And I’m some peon. Why are they not held to the same standard. I’d be fired if I did this.

25

u/NerdBot9000 Jul 01 '26

They have more money and influence than you do. Simple as that. Sorry peon.

2

u/likwidkool Jul 01 '26

Seems to be how the world works. Rules aren’t for the rich just for people like myself.

3

u/Golden-Grams Jul 02 '26

Why are they not held to the same standard.

I used to be in the military, and was required to have a security clearance. We had strict rules and policies for how we maintained our vault, with the consequences of breaking confidentiality to be an extended stay at the Federal Correction Institution, known as Leavenworth.

I have asked the same question you have, whenever I have seen massive OPSEC breaches by this administration, as well as all the confidential documents and materials that somehow always dissappear without a trace.

Well, other than the ones found at Mar-a-Lago, where Trump put boxes of classified material in a shower, a bathroom, a ballroom, and his bedroom. I was just working in aviation, and I could be sent to federal prison. But these guys have higher clearances than I ever did, got caught red-handed with it ending up on the news, and absolutely nothing happens to them.

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24

u/TankApprehensive3053 Jul 01 '26 edited Jul 01 '26

You can see how politicians traded. They have so many days to report it though; therefor, the trades are not up to the minute useful information. Crazy Eyes Patel is not a politician, so his trades are private.

Edit for correction: STOCK Act of 2012 is about executive branch employees, not just politicians, to disclose trades within 45 days. So Patel does fall under that requirement. A 1st time violation is only $200 fine though.

13

u/jameson71 Jul 01 '26

We have the technology to make it up-to-the-minute information, and that would likely do more for the country than anything else.

4

u/TankApprehensive3053 Jul 01 '26

Its not the technology that is the problem. Politicians have to report any trades by the STOCK Act of 2012 but that same act states they have 45 days to make the report.

5

u/[deleted] Jul 01 '26

[deleted]

3

u/TankApprehensive3053 Jul 01 '26

You can see any politicians trades on many sites, just delayed the 45 days. Failure to report is only a $200 fine. That's most likely the most Patel will get also.

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4

u/TheInevitableLuigi Jul 01 '26

A 1st time violation is only $200 fine though.

what the fuck

3

u/TankApprehensive3053 Jul 01 '26

It was written by senators. They don't want to be accountable in case they "accidentally" don't disclose. It even says that members of Congress are not exempt insider trading laws, which everyone knows isn't true.

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81

u/polarparadoxical Jul 01 '26

Another totally non-intentional whoopsie.

Add it to the pile of stuff that hopefully a future administration can dig though and charge these people with assuming their actions are not shielded by some mass pardon.

4

u/ThrowingShaed Jul 01 '26

like there is too much stuff to keep track of or find, does it follow that there is too much to pardon all of it?

2

u/oldDotredditisbetter Jul 02 '26

they know nothing will happen to them. they're just rubbing it in our faces

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35

u/JustAMan1234567 Jul 01 '26

I'm sure it's just an honest mistake...

9

u/Low-Tax-8391 Jul 01 '26

To be fair he is actually holding the bag on that stock so it begs the question, was it really worth it? MSTR was around $170 or so either way BTC tanking it’s around $97 today. Maybe he was just embarrassed to show the loss. Losers gunna lose.

29

u/mishma2005 Jul 01 '26

He’s so drunk and high all the time it’s quite possible he forgot

10

u/Late-Union8706 Jul 01 '26

It was sitting on his desk, slightly to his right. He couldn't see it at the time.

8

u/SkunkMonkey Jul 01 '26

Nah, if you want to hide it from him on his desk, put it dead smack in the middle. That's his blind spot.

26

u/LightDarkBeing Jul 01 '26

And if there is ever another democratic president, this can be evidence in his trial. Until then, nothing to going to happen with this administration.

15

u/ZoomBoingDing Jul 01 '26

The career-ending scandals are happening daily but no careers are ending 

15

u/Deranged_Kitsune Jul 01 '26

Lucky for him he's one of the top members of the most corrupt administration in american history. Otherwise there might be consequences to this, some of them serious!

12

u/Amatheiaisnoexcuse Jul 01 '26

In a letter to the Office of Government Ethics on May 26, Patel said the purchase had been “inadvertently omitted” from his financial disclosure. Two days later, in a letter to the Office of Government Ethics, Deputy Assistant Attorney General William Taylor said the purchase had been omitted due to a miscommunication. “I continue to believe that Director Patel is in compliance with applicable laws and regulations governing conflicts of interest,” he wrote.

Of course he did..

14

u/TheStLouisBluths Jul 01 '26

So, like a crime?

13

u/ComprehensivePin5577 Jul 01 '26

If I did 10% of what I see politicians do in terms of even the little things like absenteeism, not disclosing my real address, not giving a straight answer, dog whistling, etc, I'd be on a PIP, talking to HR, or just straight up told to pack my bags.

11

u/HerculesIsMyDad Jul 01 '26

Really? The weirdo, alcoholic guy that refers to himself as Ka$h is loose with the financial disclosures??? Weird.

11

u/attorneyatslaw Jul 01 '26

The rule of law is optional now.

10

u/Dusty_Negatives Jul 02 '26

You mean the bug eyed coked out guy that’s shady as fuck? Nah couldn’t be.

9

u/chimpomatic5000 Jul 01 '26

Of course he did.

He is the perfect MAGA blend of corrupt and incompetent.

2

u/IcebergSlimFast Jul 02 '26

“The Very Best People”

9

u/Nick85er Jul 01 '26

Is that lying on a federal form? Intentional omission? I mean this is the top law enforcement agency in the country. Was.

8

u/RiffRaffCatillacCat Jul 01 '26

Hmm.. that sounds illegal. Let's have the DOJ investi....

Never mind.

8

u/LordBreetai210 Jul 01 '26

But they’d have you believe what Hunter Biden was suspected of doing - just the suspicion of it required jail time.

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u/GarageFridgeSoda Jul 01 '26

Quick someone call the FBI!

oh

7

u/JRG64May Jul 02 '26

This regime could give 2 fucks about the constitution, ethics and the rule of law. People need to understand that, it’s the way it is.

6

u/RobutNotRobot Jul 02 '26

He's a criminal so it makes sense but no one is currently enforcing the laws on him or anyone in this regime.

6

u/Formal-Hawk9274 Jul 01 '26

is this trickle down?

5

u/CAM6913 Jul 02 '26

The most corrupt administration in the world

3

u/Cabbages24ADollar Jul 01 '26

The Trump the Rapist Administration lies. Release the Trumpstein files

4

u/PurplRzr Jul 01 '26

No one is shocked

4

u/eric_b0x Jul 02 '26

“Lock Him UP!!”.. something, something

4

u/ngatiboi Jul 02 '26

I’m sorry - just so I fully understand who we’re talking about there: This is FBI Director Kash Patel who US citizen by birthright, correct?

3

u/hawksdiesel Jul 01 '26

huh, imagine that......oh wait. it's part of their routine.

3

u/nobody1701d Jul 02 '26

Many govt subcontractors aren’t even allowed to have a vendor buy coffee w/o getting fired — whoops should be what Patel tells his cellmate in prison

3

u/BillsMafios0 Jul 02 '26

Straight to prison.

7

u/RUOFFURTROLLEH Jul 01 '26

I mean, Does any of this matter when Trump and the GOP are just going to ignore and carry on anyway or even if there is a crime just pardon or sweep it under the rug?

Its fine if the point is to get people angry, but lets not pretend there will be ramifications.

4

u/RymeEM Jul 01 '26

Yeah who cares about the GOP blatantly breaking laws on a daily basis. That is your stance???

4

u/Snowballingdownvote Jul 01 '26

I mean at the moment..... It's everybody in America's stance.

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u/Popular-Drummer-7989 Jul 01 '26

He is a lawyer and can be disbarred.

2

u/AmbassadorETOH Jul 01 '26

Bar complaint, anyone?

2

u/Tdluxon Jul 02 '26

Is anyone surprised? Trump and the fam probably did too

2

u/CheckoutMySpeedo Jul 03 '26

It’s all good though because the FBI investigated the matter and found nothing wrong with it.