Categories: Oregon News

Oregon congresswoman misses deadline to report 200+ stocks, OpenSecrets reports

PORTLAND, Ore. (KOIN) – A new report from nonprofit organization OpenSecrets unveiled that an Oregon congresswoman failed to meet a deadline to disclose more than 200 stock transactions.

On Tuesday, OpenSecrets reported that Democratic Rep. Val Hoyle (OR-04) was weeks, or in some cases, months late disclosing 217 stock trades made by her husband Stephen Hoyle, violating the Stop Trading on Congressional Knowledge Act of 2012.

The STOCK Act requires lawmakers to report any stock, bond or cryptocurrency sale they or their spouses or dependent children make within 45 days.

According to OpenSecrets, the trades combined value is between $245,215 and $3,355,000.

OpenSecrets reviewed Hoyle’s congressional financial disclosure document, which showed the congresswoman’s transactions included corporate stocks in Google’s parent company Alphabet, along with Amazon.com, Apple, ExxonMobil, Goldman Sachs, JP Morgan Chase & Co. and Facebook parent company Meta Platforms among others.

OpenSecrets noted a potential conflict of interest in Hoyle’s stock transactions, explaining, “There is no evidence Hoyle engaged in any prohibited transactions. But several of the stock trades Hoyle reported involved companies within industries that ostensibly fall under the jurisdiction of the House Transportation and Infrastructure Committee and the House Natural Resources Committee, on which Hoyle serves.”

According to OpenSecrets, these companies include Boeing, Canadian Natural Resources Limited, Deere & Company and Knight-Swift Transportation Holdings.

The nonprofit pointed to a message Hoyle sent to the Clerk of the House of Representatives, explaining that the transactions “were made by my spouse’s financial broker and were not specifically requested by me or my spouse. I have now implemented thorough procedures to confirm that my financial disclosure preparer will be notified of all transactions in a timely manner.”

In a statement shared with KOIN 6 News, Hoyle stated that the company her husband works for ended its employer-sponsored pension program in 2024, noting his retirement savings transitioned into an individual retirement account.

“I believe the American people deserve transparency when it comes to the finances of Members of Congress,” Hoyle said. “I acknowledge I missed the reporting deadline, and I also want to clarify the change in my husband’s finances that we discovered in the process of generating this report.”

“This last year, the company my husband works for ended their employer-sponsored pension program and his retirement savings were transitioned into an IRA. His new financial advisor purchased individual stocks without any direction from either of us, and by law, we had no ability to influence those investment decisions since they were in a managed account,” Hoyle continued. “I only learned of the stock transactions last week. The reports we filed disclose all reportable transactions through August 2025. Going forward, we remain committed to having our filings be accurate and up to date.”

According to the nonprofit, Hoyle’s office confirmed that the congresswoman paid a $200 penalty for the late disclosures, which is the standard fee for a first-time violation of the STOCK Act.

OpenSecrets notes that Hoyle is a co-sponsor of the TRUST in Congress Act and the Stop Profiting from War Act of 2025, which would ban federal lawmakers and their immediate family members from owning most stocks in the defense industry.

OpenSecrets noted that other members of Congress have violated financial disclosures in 2025, with many involving individual stock trades.

On the Democrat’s side, these lawmakers include Representatives Debbie Wasserman Schultz (FL-02), Dwight Evans (PA-03), Jamie Raskin (MD-08), Chellie Pingree (ME-01), Shri Thanedar (MI-13), George Whitesides (CA-27), Ritchie Torres (NY-15), Jonathan Jackson (Il-01), Donald Norcross (NJ-01), Tom Suozzi (NY-03), George Latimer (NY-16) and Jared Huffman (CA-02), OpenSecrets said.

On the Republican side, these lawmakers include Senator Markwayne Mullin (R-OK) along with Reps. Dan Meuser (PA-10), Lisa McClain (MI-09), Austin Scott (GA-08), Neal Dunn (FL-02) Scott Franklin (FL-18), Brandon Gill (TX-26), Hal Rogers (KY-05), Tim Moore(NC-14), Troy Nehls (TX-22), and Tony Wied (WI-08), OpenSecrets added.

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