BREAKING NEWS – Washington, D.C. – Sen. Dianne Feinstein, D-Calif., has reportedly offered to pay a fine after she failed to promptly disclose a stock purchase made by her investment banker husband Richard Blum.
Blum reportedly purchased up to $50,000 worth of shares of polling firm The Generation Lab (formerly College Reaction) in August, which was disclosed several weeks after the federal deadline, reported Business Insider.
A spokesperson for Feinstein stated that she became aware of her husband’s investment in the firm during “the course of a review of her husband’s transactions” by his company.
Blum commented on the issue at a press conference. “I’m not worried in the least,” he began. “The amount of the fine will be nothing compared to how much I’ll make through stock market manipulation. Besides, if something happens that’s illegal solely because my wife is a senator, she’ll be the one going to federal prison, not me.”