Schweizer Not Backing Off Charge Against Capito

Congresswoman Shelley Moore Capito (R-West Virginia) doesn’t like the fact that Peter Schweizer included her in his book – Throw Them All Out.

The book is about the insider trading scandal in Congress.

Schweizer says that Capito sold Citigroup stock during the height of the financial crisis in 2008.

When the book came out last year, Capito said she was “insulted” at the suggestion that she would trade on information she was privy to as a member of the House Financial Services Committee.

And earlier this month, Capito spokesperson Kent Gates said that Schweizer has since backed off the allegations he made in his book against Capito.

But earlier today, Schweizer told Morgan County USA that he’s not backing off anything in his book and that he stands by his allegations against Capito.

“I don’t exactly know what a person was thinking when they made these trades,” Schweizer said. “But the timing is very disconcerting and very troubling. The timing is the timing. That is not something I made up. That’s based on the facts and the information. So no, I have not backed off at all on what I said in the book.”

Any advice to the voters of the Second Congressional District of West Virginia?

“You should look at your Congresswoman or your elected official, you should look at what their investments are, look at the timing of their trades,” Schweizer said. “We should judge them based on what we see, not necessarily on what we are told. The fact or the prospect of having members of Congress of either political party trading financial stocks when they are making major decisions about finance is very troubling to me.”

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