Democratic NY-10 candidates Carlina Rivera and Dan Goldman tussle over investments

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A week after she was criticized by Congresswoman Carlina Rivera’s congressional campaign for her vast portfolio of investments, her rival Dan Goldman accused her of hypocrisy on Tuesday, pointing the finger at investments in defense contractors and arms companies that she disclosed in a recent financial disclosure.

In his disclosure, under the heading “Assets and ‘unearned’ income,” Rivera listed holdings in the iShares US Aerospace and Defense exchange-traded fund. According to the iShares website, the fund includes investments in defense contractors Lockheed Martin and Northrop Grumman, as well as arms makers Smith & Wesson and Sturm Ruger.

“This is hypocrisy at its finest from another typical politician who pays to play,” Goldman campaign spokeswoman Simone Kanter said. “New Yorkers are tired of being lied to by their elected officials. NY-10 voters want someone with fresh ideas and integrity, not a bought-and-sold career politician who will say and do anything to get elected.

Strictly speaking, Goldman’s investments are by no means politically pure either.

Kanter was responding in part to a Rivera campaign broadside a week earlier in which one of his agents called Goldman’s own investments disqualifying him from running for office as a Democrat.

“Dan Goldman personally benefits from mass shootings, climate change and Tucker Carlson”, wrote Rivera’s agent Evan Roth Smith on Twitter. “It prevents him from occupying a position [as] a democrat. Plain and simple.

Rivera’s campaign argues the investment she disclosed is actually in her husband’s name and pointed to the fact that the asset is currently valued at $3,300.

His campaign also doubled down on its criticism of Goldman’s investments, which are far more expansive.

According to disclosure forms Goldman has filed with Congress, he owns stock in Lockheed Martin and Northrop Grumman, Chevron, Halliburton and News Corp., which oversees the right-wing New York Post and Wall Street Journal. His disclosure form also reveals that he has a line of credit with Goldman Sachs between $25 million and $50 million.

Rivera’s camp has focused primarily on his investment in News Corp., which Goldman has listed at up to $15,000, and his hiring of a pro-Trump campaign staffer, whom Goldman recently fired.

Early in the race, Goldman touted his experience as lead counsel during Trump’s first impeachment.

“Dan Goldman’s campaign is funded and led by Trump Republicans, and like Donald Trump, Dan Goldman seems to feel enormously threatened by powerful women, to the point that he will lie about them in his quest for power,” he said. said Rivera’s spokeswoman, Alyssa Cass. . “This is classic misinformation – a five-alarm fire, you might say – from someone who has direct investments in Fox News and profits on Tucker Carlson. It’s a desperate attack. against an elected Democrat, from a desperate candidate.

Rivera and Goldman are part of a crowded group vying to become the next representative for the 10th congressional district, which covers lower Manhattan and parts of Brooklyn. Representative Mondaire Jones (DN.Y.), former Congresswoman Liz Holtzman and Assembly members Jo Anne Simon (D-Brooklyn) and Yuh-Line Niou (D-Manhattan) are also participating in the race.

Goldman’s campaign has argued that he does not manage his own money and intends to place his investments in a blind trust if elected.

“Dan doesn’t manage his money,” a campaign spokesperson said. “It’s broker-managed and designed to mirror the S&P 500.”

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