Rep. Titus disclosed six additional transactions hundreds of days late, while Rep. Susie Lee still holds individual stocks she received in her divorce settlement.
The Divorce Stock That Wasn't Divested
Just weeks ago, Rep. Susie Lee (D-Nev.) told the New York Times she was in the process of divesting from stock she received in her 2024 divorce settlement, selling off individual holdings to move into investments permitted under congressional ethics rules.
But records show that account doesn't fully hold up.
Since her divorce was finalized in September 2024, Lee has reported nearly 20 individual stock transactions worth up to $2.8 million, according to her financial disclosure filings.
She has also kept some of the stock from the settlement, meaning she has not, in fact, fully “committed to divesting from them,” as she described to the Times.
She has continued trading individual stocks throughout this period despite publicly backing the Stop Insider Trading Act and issuing a statement touting her support for a ban on congressional stock trading.
A Pattern Going Back Years
This isn't the first time Lee's trading has drawn scrutiny.
Business Insider reported in 2021 that Lee was among nearly two dozen lawmakers who missed statutory deadlines for reporting stock trades, finding roughly 200 late-disclosed transactions dating back to 2020 worth between $267,000 and $3.3 million.
Her office attributed the lapses to a third-party money manager and said the trades were reported once discovered. A follow-up report the next year found Lee and her husband had again filed trades late.
The most pointed episode came in 2025, when a trust tied to Lee sold between $500,000 and $1 million in Full House Resorts stock — the casino company then run by her ex-husband — roughly two weeks before the stock fell about 25% following a weak earnings report.
The sale drew renewed attention days before Lee joined a small group of Democrats voting for the Stop Insider Trading Act. A spokesperson said Lee was in the process of moving her divorce-settlement holdings, including the Full House Resorts shares, into index funds and ETFs “above and beyond” what ethics rules require.
The New York Times has separately reported that Lee traded stock in industries tied to her own committee assignments.
Titus's Missing Paperwork
Rep. Dina Titus has taken a different public line, saying she opposes congressional stock trading and voting against a measure that would have let members of Congress and their spouses continue trading individual stocks.
Her own portfolio complicates that position: her personal financial disclosures show she currently holds roughly half a million dollars in stock spread across 20 companies, meaning a trading ban would have applied to her as well.
A review of Titus's disclosure records points to 15 potential STOCK Act violations.
Several involve sales she never filed a PTR for, including Daimler AG, Wells Fargo, Viacom, and Travelers stock in 2017, and Citibank, NV Energy, Iberdrola, and G Wst Com stock in 2013.
Others involve municipal bond purchases, including bonds tied to New York City, California, Massachusetts, and Birmingham, Alabama, that also went unreported.
Beyond those, records show at least six more stock and bond purchases, including Morgan Stanley, Capital One, and Boston Properties shares, that were eventually filed but hundreds of days after the deadline, in some cases more than 500 days late.
Transactions disclosed on annual reports with no corresponding PTR
A review of Rep. Dina Titus’s annual financial disclosures and the House Clerk’s PTR database found the following reportable transactions. The transactions appeared on later annual disclosures, but no corresponding Periodic Transaction Report was located.
2013 transactions
2013 annual disclosure, filed July 14, 2014
- Citibank stock, sale
- NV Energy stock, sale
- Iberdrola stock, sale
- Old Saybrook municipal bond, purchase
- Massachusetts municipal bond, purchase
- JEA-FLA municipal bond, purchase
- Birmingham, Alabama municipal bond, purchase
- G Wst Com stock, sale
2017 transactions
2017 annual disclosure, filed July 25, 2018
- Daimler AG common stock, sale
- Wells Fargo common stock, sale
- Viacom stock, sale
- Travelers stock, sale
- Mt. Carmel Public Utility security, sale
2019–2020 transactions
- California State bond, purchase
2019 annual disclosure, filed August 4, 2020 - New York City Transitional Finance Authority bond, purchase
2020 annual disclosure, filed August 13, 2021
Transactions disclosed hundreds of days after the transaction date
These transactions appeared on annual financial disclosures filed hundreds of days after the reported transaction dates. No timely corresponding PTR was located.
2014 transactions
2014 annual disclosure, filed August 13, 2015
- Morgan Stanley stock, purchase, disclosed more than 500 days later
- Capital One stock, purchase, disclosed more than 300 days later
- Boston Properties stock, purchase, disclosed more than 600 days later
- Washington State bond, purchase, disclosed more than 600 days later
- Chesapeake stock, sale, disclosed nearly 600 days later
2016 transaction
2016 annual disclosure, filed July 20, 2017
- Illinois Finance Authority Revenue bond, purchase, disclosed more than 500 days later
The complete filing history can be searched through the House Clerk’s Financial Disclosure Database.
A Shared Problem for Nevada's Delegation
Between Lee's history of late disclosures and unresolved divestment promises and Titus's own undisclosed trades and stock holdings, Las Vegas's two House Democrats present a similar picture: public support for cracking down on congressional stock trading that hasn't been matched by their own portfolios or filings.
For two lawmakers who've built part of their public image on cleaning up Congress, the paper trail tells a different story, one their constituents may start asking harder questions about.
The opinions expressed by contributors are their own and do not necessarily represent the views of Nevada News & Views. This article was written with the assistance of AI. Please verify information and consult additional sources as needed.
