The fourth-ranking House Democrat apparently violated stock-trade rules
of shares in private investment adviser Ruane, Cunniff & Goldfarb back to the company in January.
“Assistant Speaker Clark notified the Ethics Committee immediately upon learning of this transaction,” a spokesperson said, providing a rationale similar to almost every other lawmaker whose office has responded toOn Friday,in the Craft Brew Alliance back in October 2020. A spokesperson for Newhouse has not responded to an inquiry. UPDATE Aug. 10, 2:20 p.m.: “The Craft Brew Alliance stock was liquidated through a merger with Anheuser-Busch,” a spokesperson said.
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