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Monday, February 17, 2014

 11:30 AM 

Petri requests review of Oshkosh Corp. holdings

U.S. Rep. Tom Petri today requested that the House Ethics Committee review his ownership of stock in Oshkosh Corp. in light of recent reports about his advocacy on behalf of the Fox Valley vehicle manufacturer.

In a letter to Committee Chairman Mike Conaway, R-Texas, and ranking committee member Linda Sanchez, D-Calif., the Fond du Lac Republican wrote that it is "my honor and duty to advocate on behalf of those who live and work in my area," and that he is "distressed by the innuendo in the articles."

Petri notes his investments are disclosed annually, his advocacy has been open and made with occasional guidance from the Ethics Committee, and that his actions "as a stockholder are no different than any other stockholder based solely on public information."

"It is regrettable, but not surprising, that many are confused by the articles," Petri writes. "To end any questions, I am requesting that the Committee formally review the matter and report back.


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