The House Ethics Committee announced Monday it was looking into whether controversy-hit Rep. Madison Cawthorn “improperly promoted” a cryptocurrency in which he may have had an undisclosed financial interest — as well as claims the 26-year-old had an “improper relationship” with someone on his staff. Committee Chair Ted Deutch (D-Fla.) announced the investigation in a statement, which noted that “the mere fact of establishing an Investigative Subcommittee does not itself indicate that any violation has occurred.” The cryptocurrency claim stems from a Washington Examiner report from last month, which suggested Cawthorn may have violated federal laws over his public support of the Let’s Go Brandon cryptocurrency one day before it announced a partnership with NASCAR driver Brandon Brown.
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