Rangel Faces More Financial Issues
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The dean of New York's congressional delegation is facing more financial issues.
An amended report filed this month says Democratic Manhattan Congressman Charles Rangel failed to disclose $500,000 in assets in a 2007 congressional form.
It shows a dozen new holdings, including a checking account at a Federal Credit Union with a balance between $250,000 and $500,000.
The updated forms show Rangel's total net worth could be nearly $2.5 million, almost twice the amount on his original disclosure form.
It is the latest financial issue for Rangel, whose finances and fundraising are being investigated by the House Ethics Committee.
A spokesman for Rangel says the congressman has acknowledged errors in previous forms and committed to correcting any mistakes, and has done so.