The House Ethics Committee said on Tuesday it has unanimously voted to take no action against Republican Rep. Vern Buchanan for failing to report outside positions he held at six companies and organizations and income on his financial disclosure statements between 2007 and 2010.
The committee says it found no evidence Buchanan's omissions were "knowing or willful," or that the errors were "substantially different" from "the hundreds of thousands" of mistakes found in as much as 50 percent of other lawmakers' Financial Disclosure Statements filed each year.
"Representative Buchanan has now corrected the errors and omissions in his Financial Disclosure Statements by his subsequent amendments," states the announcement from committee Chairman Jo Bonner, R-Ala., and ranking member Linda Sanchez, D-Calif. "Therefore, no further action by the Committee is warranted and the Committee considers the matter closed."
However, Buchanan, who runs fundraising for the National Republican Congressional Committee, remains under review by the committee on a separate matter concerning allegations he used his former chain of auto dealerships to improperly reimburse campaign contributors $67,900.
Buchanan's camp said he was pleased, but not surprised, by the dismissal.
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