Nancy McFadden, 51, executive to Gov. Jerry Brown on Wednesday, January 5, 2011. (Hector Amezcua firstname.lastname@example.org)
By Jeremy B. White
March 24, 2016 – 5:57 PM
- Fair Political Practices Commission looking into Brown aide Nancy McFadden
- Notes “apparent failure” to disclose stock status
- No conflict of interest alleged
California’s campaign finance watchdog will investigate whether a top aide to Gov. Jerry Brown accurately disclosed the status of her stock holdings in a major utility.
Earlier this month, the group Consumer Watchdog alleged in a complaint that Brown executive secretary Nancy McFadden had violated conflict-of-interest rules for not recusing herself from official decisions that would have affected her Pacific Gas and Electric stock holdings. McFadden worked for Pacific Gas and Electric before joining the Brown administration.
A Thursday letter from the California Fair Federal Practices Commission to Consumer Watchdog said there was “insufficient evidence” of conflict of interest to warrant an investigation. But the watchdog said it would look into “the apparent failure of Ms. McFadden to disclose required information about the status of her stock ownership in Pacific Gas and Electric.”
The governor’s office called Consumer Watchdog’s allegations “totally baseless.”
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