London Daily

Focus on the big picture.
Saturday, Aug 22, 2026

Scandal-plagued Republican Rep. Madison Cawthorn failed to report another trade of 'Let's Go Brandon' coin — a violation of the federal STOCK Act

Scandal-plagued Republican Rep. Madison Cawthorn failed to report another trade of 'Let's Go Brandon' coin — a violation of the federal STOCK Act

Scandal-plagued Republican Rep. Madison Cawthorn just violated a federal conflict-of-interest law for the third time this year, according to an Insider review of congressional financial disclosures.
Cawthorn's latest personal financial disclosure, mandated by federal law, shows he sold an amount of "Let's Go Brandon" coin valued between $15,001 and $50,000 in January. He waited until earlier this month to report the trade, in violation of the federal Stop Trading on Congressional Knowledge Act of 2012. 

The law, in part, requires members of Congress to report financial trades made within 45 days, or risk facing a penalty — the typical fine is just $200.

Aides for Cawthorn did not respond to Insider's request for comment.

Cawthorn first violated the STOCK Act in May, as he was months late disclosing hundreds of thousands of dollars worth of purchases and sales of cryptocurrency ethereum and Let's Go Brandon coin.

Then, in June, he was again late in disclosing two-dozen more cryptocurrency trades.

Regarding his investments in Let's Go Brandon coin, a name designed to insult President Joe Biden, the House Ethics Committee fined Cawthorn more than $15,000 in December after investigating his ties to the cryptocurrency. The committee found that Cawthorn purchased the Let's Go Brandon coin on terms more favorable than available to the general public, a violation of House rules by accepting a gift.

The value of all Let's Go Brandon coins in circulation was more than $570 million at the end of December 2021, but its market cap dropped to $0 — literally worthless — by the end of January 2022. 

Cawthorn is among 77 members of the 117th Congress who violated the disclosure requirements of the STOCK Act, as documented by Insider as part of its "Conflicted Congress" investigative project. "Conflicted Congress" revealed numerous conflicts of interest in Congress, including by top congressional aides — Insider found that 182 senior-level congressional staffers had also violated the STOCK Act.

Cawthorn will not be returning for the 118th Congress — earlier this year, he lost in the Republican primary to Rep.-elect Chuck Edwards amid a series of scandals and opposition from his own party.

House Minority Leader Kevin McCarthy publicly admonished Cawthorn in March for speaking on a podcast about cocaine usage by Washington Republicans, and for noting he had been approached to join an orgy.

"I just told him he's lost my trust, he's gonna have to earn it back," McCarthy told reporters, according to Axios. "And I laid out to him everything that I find is unbecoming."

In April 2022, police cited Cawthorn for carrying a loaded handgun inside of the Charlotte Douglas International Airport — it was the second time he was caught trying to bring a firearm onto a plane during his time in office.
Comments

Brad 4 year ago
500 million federal/privateer banking cartels funded this FJB coin now $0.00

Newsletter

Related Articles

0:00
0:00
Close
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Prince Harry and Co-Claimants Ordered to Pay £9.5 Million Toward Daily Mail Publisher’s Legal Costs
Prince Harry and Meghan Markle Reportedly Plan Return to Britain With Their Children
UK Court Ruling Threatens Deportation Plans for Potential Trafficking Victims to Albania
Kemi Badenoch Presses UK Government for Decisions on Rosebank and Jackdaw Oil Fields
UK Foreign Affairs Committee Chair Calls for Ban on Goods from Occupied West Bank
Andy Burnham Government to Place Civil Servants Directly in English Mayoral Offices
Met Office Warns Major El Niño Could Bring Stormier, Wetter Autumn to UK
UK Economy Gains Unexpected Momentum Ahead of Andy Burnham Government’s First Budget
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Royal Navy to Accelerate DragonFire Laser Deployment Against Growing Drone Threat
Northern Ireland Approves Five Hundred Million Pound Belfast Harbour Expansion
Great British Railways Takes Full Control of Avanti West Coast as Rail Nationalisation Reaches Final Stage
UK AI Safety Institute Calls for Mandatory Security Audits of Advanced AI Models
Scotland Secures Three Billion Pounds for Floating Offshore Wind Hub in Aberdeen
Government Overrides Local Councils to Approve Green Belt Housing Across Southern England
UK and EU Move Toward Mutual Recognition of Food Standards to Ease Cross-Channel Trade
Government Plans Multibillion-Pound Private Healthcare Expansion to Cut NHS Surgical Backlogs
Bank of England Signals Faster Rate Cuts as Inflation Falls Below the Two Percent Target
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
Moderna Shares Surge After Positive Personalized Skin Cancer Trial Results
UK Markets Watch US National Debt Surpass Forty Trillion Dollars
UK Broadcasters Urge Government to Invest in Digital Participation and Broadband
CVC Capital Partners and Standard Life Launch Two Billion Pound Pension Risk Transfer Venture
UK Private Sector Productivity Growth Accelerates in Second Quarter
UK Foreign Secretary Ed Miliband Condemns Israeli E1 Settlement Tender
UK Watchdog Investigates Trainline, Virgin Atlantic and RED Driving School Over Hidden Fees
Prince Harry and Meghan Markle Plan Move to Private Home Outside London
UK Retail Sentiment Improves as Summer Spending Boosts Consumer Confidence
UK Aid Cuts Draw Warnings From Charities Over Humanitarian Consequences
UK Financial Conduct Authority Issues Guidance for Motor Finance Redress Scheme
UK Met Office Launches Aviation Programme to Reduce Climate Impact of Persistent Contrails
Former UK Civil Service Chief Received Record 500,000 Pound Severance Payment
West Midlands to Bring Bus Network Under Public Franchising Model
UK Government Drops Plan to Relax Affordable Housing Requirements After Backlash
×