Sen. Marshall Sends Letter to Dr. Fauci Demanding Copies of Financial Disclosure
(Washington, D.C., January 13, 2022) – Yesterday, U.S. Senator Roger Marshall, M.D. sent a letter to Dr. Anthony Fauci formally requesting his un-redacted financial disclosures by 5:00pm Friday, January 14th. The letter follows a Senate HELP hearing where Senator Marshall requested Dr. Fauci to make his financial disclosures public. Contrary to what Dr. Fauci said, his financial disclosures for the years of the COVID pandemic are not public. Clearly distraught by the line of questioning, which included prior questions on Dr. Fauci’s plummeting approval ratings and his involvement in funding gain-of-function research at the Wuhan Institute of Virology, Dr. Fauci was subsequently caught on a hot mic calling Senator Marshall a “moron.” In the letter to Dr. Fauci, Senator Marshall said in part,
“As a member of the committee directly responsible for the oversight of NIAID, I expect a direct, transparent, and honest answer. Instead I was met with a personal insult, deflection, and counter question as to why financial disclosures are important… A United States Senator, exercising oversight powers, is unequivocally allowed to request those disclosures in a public hearing. Today, you still have not provided me with a copy of your financial disclosures nor have you made your financial disclosures available to the public… Several of my requests for information from your office have required months for a response or are still outstanding. Please provide these disclosures by 5:00pm Friday, January 14. Furthermore, considering the extensive redaction of the disclosure dated April 21, 2020, please provide me with copies that only redacts personal and sensitive information allowed for by law.”
Last night, Senator Marshall was on FOX News discussing Dr. Fauci’s hot mic comments with Laura Ingraham. You may click HERE or on the image below to watch the interview.
It is important to note that even after the HELP hearing, Dr. Fauci’s staff couldn’t produce the documents for the NY Post: “A spokesperson for Fauci was unable to immediately point The Post to the financial disclosures that Fauci said were public.” Dr. Fauci’s sworn testimony does not match up with the facts. You may click HERE or scroll below to read the latest from Forbes on Dr. Fauci’s financial disclosures.
January 12, 2022
It’s not public what Dr. Fauci’s salary was last year or this year. (The latest published salary is from FY2020.)
It’s not public what stocks and bonds Dr. Fauci bought and sold in 2020 or 2021, as he influenced Covid policies.
It’s not public what Fauci received – or didn’t receive – in royalties. (There are up to 1,000 current and former NIH scientists receiving royalties.) Each payment could be a potential conflict of interest.
Yes, all of this information resides with the National Institutes of Health (NIH), but isn’t “public knowledge,” despite Dr. Fauci’s claims otherwise in his sworn U.S. Senate testimony yesterday.
We know this because our organization at OpenTheBooks.com is suing NIH for production of these records. In fact, NIH admits it holds approximately 1,200 pages relating to Fauci’s financial information and conflict of interest disclosures.
NIH should post these documents online immediately.
At Forbes, last January, we published our investigation that Fauci was the most highly compensated federal employee and out-earned the President and four-star generals in the U.S. military.
Many people questioned how Fauci’s pay could exceed 4.3 million federal employees.
So our organization at OpenTheBooks.com starting filing Freedom of Information Act requests on January 25, 2021 with the National Institutes of Health. Here is a list of Fauci’s documents that NIH refused to produce:
- employment contract (with all amendments, changes, or modifications)
- job description
- confidentiality agreements
- conflict of interest disclosures
- financial disclosures
- royalty payments.
In May, we threatened litigation and 51 pages of somewhat-redacted information was released. Within that release, we found the important “permanent pay adjustment” memo from 2004 that revealed for the first time that Fauci was paid to prevent the next pandemic.
Then, NIH went silent and wouldn’t correspond for months. So, last fall, we sued them in federal court. Our lawyers are the public interest, non-profit Judicial Watch in Washington, D.C.
Even with the admission that NIH is holding 1,200 pages of Fauci disclosure information, the agency will only produce 300 pages per month and not even begin to produce documents until February 1st.
What else will we discover about Dr. Fauci with an additional 1,200 pages of disclosure?
For example, did Fauci’s early knowledge of the Covid outbreak influence any of his financial trading? In the few pages NIH did release, our auditors note a move by him to partially liquidate his account from early November 2019 to late December 2019.
What did Fauci trade the first week of January 2020? Or in 2021?
Yesterday, in a heated exchange with U.S. Senator Roger Marshall (R-KS), Dr. Fauci testified under oath that his financial documents and conflict of interest disclosures are “public knowledge” and “all you have to do is ask.”
Here is a transcript of Dr. Fauci’s comments:
First, Fauci said, “My financial disclosure is public knowledge and has been so for the last 37 years or so the last 35 years.”
Then, Fauci said, “All you have to do is ask for it. You’re so misinformed, all you have to do is ask for it. “
Speaking for a third time, Fauci said, “What are you talking about? My financial disclosures are public knowledge and have been so. You’re getting amazingly wrong information.”
However, our case underscores the fact that Fauci statements just aren’t true.
Salary: two years behind. The latest salary available on Dr. Anthony Fauci ($434,312) is from FY2020. However, the current fiscal year FY2022 started last October 1st. The agency refused to release Fauci’s current salary to us on a request for comment just two weeks ago.
Employment contract: what are the terms of Fauci’s employment as director of the National Institute of Allergies and Infectious Diseases and chief medical advisor to President Biden? Is Fauci receiving income from other federal agencies or entities?
Confidentiality agreement: does Fauci have a hush agreement with the agency? If so, what is he not allowed to publicly discuss?
Conflict of Interest and Financial Disclosures: one journalist said she received 2019 disclosure documents via FOIA. However, that’s three fiscal years ago. NIH made us sue for the more recent years.
Job description: vital to know that powers and duties charged to Dr. Anthony Fauci. For example, does Fauci consult to the Department of Defense for his biodefense work? Does he have a security clearance and if so at what level?
Royalties: does Fauci receive royalties? If so, from whom? Big pharma? Since 2005, NIH was supposed to post a database of all scientists receiving royalties on its website. However, the database doesn’t exist and we’ve had to sue for it.
Calendar: with Judicial Watch, we filed another FOIA request for Fauci’s daily calendar and, unfortunately, file a second lawsuit for production.
As transparency advocates, we called on NIH to immediately post online Dr. Fauci’s financial and conflict documents – without redactions. If NIH responds to our request or provides comment, we’ll update the piece.
It’s an understatement to say that Fauci’s disclosures are in the public interest.