Each year in mid-June, reporters madly scramble to the House and Senate records rooms to get copies of the personal financial disclosures for members of Congress. This year LegiStorm hopes to make that scramble unnecessary for many reporters.
We have received word that the Senate financial disclosures are to be released Friday morning. If all goes as planned, we think we can have the records on our site by the end of the morning. The House records are to be released Monday and those too, we hope to have up by noon of that day.
Financial disclosures for congressional aides will take longer. While member disclosures are made available by the Congress in electronic form on CDs for those who pay for it, disclosures for staffers must be gathered and uploading in a much more painstaking process that involves finding them on congressional computers, then printing, scanning and uploading them. We hope to have our first staffer data available by Tuesday of next week but it will take days to get the more than 2,000 disclosures organized onto the web.
Personal financial disclosures are vital sources of information about potential conflicts of interest that legislators and their staff might have. Since LegiStorm's February launch of the first online database of personal financial disclosures for congressional aides, at least five current and former chiefs of staff have been accused publicly of impropriety involving matters that were disclosed - or should have been disclosed - on their financial disclosures. LegiStorm's publication of these records has been quite controversial on Capitol Hill but has been praised by many publications and public interest groups.