Madison Cawthorn Officially Under Investigation For Multiple Scandals

The House Ethics Committee has announced that they are officially investigating Madison Cawthorn for two separate scandals that threaten the small time remaining in his tenure in the House. The investigations could easily result in his removal from office, but at this point it doesn't seem like that's a big threat considering he lost his primary last week. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

The house ethics committee has announced that they are officially investigating Madison Cawthorn for multiple different scandals. The one term Republican freshman Congressman who lost his primary battle last week is now facing an investigation that is going to cover at least three different areas that we know of. The first one is an improper relationship with a staffer. The staffer's name is Steven Smith and the committee is investigating whether or not Cawthorn provided this individual Mr. Smith with, uh, free housing and other perks for free for working on his staff, which of course is illegal. You can't do that with your staffers, right? That's how improper relationships kind of evolve and to super improper relationships. If you get what I mean, not that this would've happened with this young man in Madison Cawthorn, but there's a reason these rules are in place. Uh, the other two, a little more serious.

One of them happens to be Madison Cawthorn, uh, repeatedly driving on a revoked license. So the committee's gonna look at that. Although I don't know that the committee's gonna have much jurisdiction in that matter. That is actually a matter for north Carolina's justice system to deal with. And if they've already decided not to do anything about it, uh, whereas in some states, by the way, that can get you up to three years in prison, uh, for doing it more than once, but Cawthorn North Carolina. I think that's a matter for them. I don't know that the committee should even go down that path, but then the third one is the big one. The third one is the potential insider trading scandal with the let's go brand crypto coin. Now, in case you're not familiar with that, here's what happened. Madison Cawthorn was an early investor in the let's go brand coin. He didn't disclose that information in December Madison, Cawthorn posted a picture of himself on his Instagram with the founder of the let's go branding crypto coin. He also in the caption said, tomorrow, we go to the moon. Okay. Innocuous enough. Right. Well, it was until tomorrow came because the day after Madison Callthorne posted that tomorrow we go to the moon, the actual NASCAR driver, Brandon, whatever the hell, his name is the one who spawned the let's go. Brandon phrase came out and endorsed the crypto coin.

So tomorrow we go to the moon and then tomorrow comes and Brandon himself endorses it, which of course would send shares, sky rocking the value of it. Sky rocking, not shares. Um, and you're sitting there with the founder and you're posting this picture with a cryptic message that something's gonna happen tomorrow. That would seem to be insider trading, right? At least on the surface.

It pretty obvious. Now maybe the founder didn't tell Madison coauthor who was invested in this, that, yeah, tomorrow this is gonna happen. Maybe he didn't. Maybe he did. We won't know of course, until there is an actual investigation into this. But the big question is why is the ethics committee even investigating this, right? Shouldn't this be done by the securities in exchange commission? Shouldn't they be investigating the insider trader trading? Shouldn't the North Carolina police be investigating the driving on a revoked license. If the committee wants to go after the improper relationship with the staffer have at it, that is absolutely your jurisdiction. But also keep in mind that at the end of this year, Callthorne has gone forever from Congress like this.