I have often maintained that Latino people in all walks of life are held to a higher standard in terms of expectations, especially in the current political environment. This week I was sent this story about Congresswoman Linda Sanchez, who is now the ranking member of the House Ethics Committee. Basically, Congresswoman Sanchez’s financial disclosures were not accurate. I realize that our Congressional representatives are busy people, but they earn above average salaries so people have above average expectations, especially when it comes to simple accounting.
“There is no allegation of impropriety stemming from the inaccurate disclosure forms, but a review of several years of Sanchez’s financial records shows a history of sloppy record-keeping for a member of Congress whose new job on the ethics committee is to review the ethics and financial disclosures of other lawmakers.
Sanchez also has other holes in her financial disclosure forms. She failed to disclose for more than two years a royalty agreement related to a book she co-wrote with her sister, Rep. Loretta Sanchez (D-Calif.), who has never declared the same royalty agreement on any of her disclosure reports. An aide to Linda Sanchez said the California Democrat never received any money from the book.
In addition, Sanchez appeared to violate the terms of her mortgage on a Capitol Hill condo by renting out the unit in 2009. A document Sanchez signed as part of her 2005 mortgage agreement on the condo — purchased from Sen. Barbara Boxer (D-Calif.) — barred her from leasing it to another party. The mortgage documents, along with real estate records and financial disclosure forms filed with the House, were reviewed by POLITICO for this report.
However, on her annual disclosure report filed in 2010 — which covers the previous year — Sanchez acknowledged receiving between $5,000 and $15,000 in rental income from the Washington condo. By renting out the unit, Sanchez was required to declare the mortgage on the property on her annual reports, which she did properly.
But Sanchez failed to report a $34,500 home equity line of credit she took out on the condo. When Sanchez reported she owned the property, she misreported the address.
Sanchez sold the Capitol Hill condo to Sen. Scott Brown (R-Mass.) last year for $290,000, according to public records.”
The article also made mention of the staff sharing arrangement that Linda Sanchez engaged in with her sister, Loretta, which again is something that she probably should have avoided altogether. The staff sharing arrangement occurred after the Caroline Valdez embezzlement case.