The FBI and Securities and Exchange Commission are scrutinizing Tennessee GOP Sen. Bob Corker’s personal finances, including stock transactions involving one of the nation’s top developers of shopping centers and malls, according to multiple sources familiar with the probe.
Corker, chairman of the Foreign Relations Committee and a potential vice presidential pick, failed to report millions of dollars in assets and income on his annual financial disclosure until The Wall Street Journal revealed the discrepancy last fall. In the wake of that report, Corker was forced to revise years’ worth of disclosure reports.
Corker denies any wrongdoing in how he has conducted his personal finances. Approached in the Capitol on Tuesday, he declined to comment when asked if he had been contacted by federal investigators and said his office would provide a statement on the matter.
A Corker spokeswoman blamed a watchdog group, Campaign for Accountability, for filing a complaint with the SEC last year that led to the current federal probe that has ensnared the Tennessee Republican.
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