Financial Disclosures – As Important Now as Ever

Share on Facebook
Share on Twitter
Share on
LinkedIn
+

NPR, The Wall Street Journal, The New York Times, and several other news outlets have reported that certain senators sold stocks just before the market crashed when the economic impact of Coronavirus came to light. Among them is North Carolina Senator Richard Burr.

The Wall Street Journal wrote:

Mr. Burr, chairman of the Senate Intelligence Committee, which has been receiving frequent briefings on the spread of Covid-19 since it emerged in China, made 33 stock trades on Feb. 13 worth between $628,000 and $1.7 million, according to the filings.

Mr. Burr, who is regarded as the Senate’s leading authority on pandemics as the author of the 2006 Pandemic and All-Hazards Preparedness Act, is also on the Senate health committee, which was briefed on the coronavirus on Jan. 24.

Newspaper accounts said while the senator was publicly downplaying the threat of the virus, privately he was warning others of the risks. There have been demands for a full investigation.

This story demonstrates why policymakers’ financial disclosures must be accessible to the media and to the public to ensure that our leaders are acting in the public interest, not their own interest.  Such disclosures should be easy to access and anonymously obtained.  At the state level, ease of access can vary widely.

Pioneer Institute has ranked each state on financial disclosure transparency. How does your state stack up?

See our video on Financial Disclosures below:

Get Our COVID-19 News, Tips & Resources!

  • This field is for validation purposes and should be left unchanged.

Read Our COVID-19 News & Resources:

Nina Rees on the 30th Anniversary of Charter Public Schools in America

This week on “The Learning Curve," Gerard and Cara celebrate the 30th anniversary of charter schools with Nina Rees, President and Chief Executive Officer of the National Alliance for Public Charter Schools.

This Is No Time for a Tax Increase

This is no time to threaten Massachusetts’ prospects for an immediate economic recovery and the long-term competitiveness of the Commonwealth’s businesses. As Massachusetts lawmakers prepare to vote on whether to send a proposed constitutional amendment that would impose a 4 percent surtax on residents who earn $1 million or more in a year to the statewide ballot in 2022, Pioneer Institute urges them to recognize that tax policy sizably impacts business and job location decisions and that jobs are more mobile than ever.

The Spirit Enlightened Celebrating Classical Music – 50 Resources for High School Students

In Pioneer’s ongoing series of blogs on curricular resources for parents, families, and teachers during COVID-19, this one focuses on: Celebrating Classical Music.

Putting in the Extra Hours: The Spike in Mass. Department of Public Health Overtime Pay during COVID-19

During the heat of the COVID-19 pandemic, Massachusetts Department of Public Health (DPH) payroll data presented a 29.09% increase in the average employee’s overtime pay from the previous year. Pioneer wanted to dig deeper into the Department’s compensation trends to put the $5M bump in 2020 DPH overtime pay into perspective.

Jitka Borowick on Starting a Small Business during COVID

/
This week on JobMakers, Guest Host Jo Napolitano talks with Jitka Borowick, Founder & CEO of Cleangreen, a cleaning service committed to environmentally-friendly practices, and Nove Yoga, launched during COVID. Jitka grew up under communism in the Czech Republic. Determined to learn English, she made her way to the U.S., initially with plans to stay for only one year - but ended up making it her home. Jitka shares the difficulties of learning another language and culture, her pathway to entrepreneurship, her courageous decision to open a new business during a pandemic, and how her companies have successfully adapted to the challenges so many small businesses have encountered over the past year.

Study: Massachusetts Should Retain Additional Healthcare System Flexibility Granted During Pandemic

Massachusetts’ emergency declaration for COVID-19 ends on June 15, and with it some enhanced flexibility that has been allowed in the healthcare system.  Some of the added flexibility highlighted barriers that make the system more expensive, harder to access and less patient-centered, and the Commonwealth should consider permanently removing these barriers, according to a new study published by Pioneer Institute.

Blended Learning Expert Heather Staker on Student-Centered Lessons During COVID-19

This week on “The Learning Curve," Gerard and Cara talk with Heather Staker, founder and president of Ready to Blend. They discuss her work with the late Harvard Professor Clayton Christensen and Michael Horn on disruptive innovation and schooling, as well as her book, Blended: Using Disruptive Innovation to Improve Schools, and her recent publication, Developing a student-centered workforce through micro-credentials. 

“Ballast for the Ship of State” – The U.S. Senate – 40 Resources for High School Students

The U.S. Senate’s vital, though sometimes dormant, authority in the face of the Imperial Presidency means few Americans and schoolchildren truly understand its constitutional role and inner workings. To remedy this, we’re offering a variety of resources to help parents, teachers, and high schoolers.