ASHEVILLE - Rep. Madison Cawthorn will face a House ethics investigation over allegations he improperly promoted a cryptocurrency and engaged in a relationship with a person employed on his congressional staff.
That is according to a May 23 Ethics Committee statement released by Chair Theodore E. Deutch, D-Florida and Ranking Member Jackie Walorski, R-Indiana. They said a subcommittee would be formed to look into the allegations.
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"The Investigative Subcommittee shall have jurisdiction to determine whether Representative Madison Cawthorn may have: improperly promoted a cryptocurrency in which he may have had an undisclosed financial interest, and engaged in an improper relationship with an individual employed on his congressional staff," the statement said.
Cawthorn, a controversial Henderson County Republican representing Western North Carolina, lost his first reelection bid in the May 17 primaries amid scandals and missteps that spurred large numbers of Republicans and unaffiliated voters to back alternate GOP candidates.
Cawthorn spokesperson Luke Ball did not immediately respond to messages seeking comment.
This breaking story will be updated.
Joel Burgess has lived in WNC for more than 20 years, covering politics, government and other news. He's written award-winning stories on topics ranging from gerrymandering to police use of force. Got a tip? Contact Burgess at firstname.lastname@example.org, 828-713-1095 or on Twitter @AVLreporter. Please help support this type of journalism with a subscription to the Citizen Times.