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Investigation Questions Ken Paxton's Financial Disclosures in U.S. Senate Race

Ethics experts said the filings may violate federal disclosure rules after Paxton reported no rental income, omitted three Utah mortgages and used inconsistent property values.

  • Texas Attorney General Ken Paxton appears to have violated federal ethics laws in recent financial disclosures, a review by ProPublica and The Texas Tribune found.
  • Paxton's reported net worth spiked to between $1 million and $27 million this year after the Texas Ethics Commission closed a 2024 loophole that he had previously used to omit properties.
  • The review identified seven properties worth about $5.2 million that Paxton failed to list as assets, including Utah condos with $1.3 million in undisclosed mortgages, plus six rental properties from which he reported no income.
  • Ethics experts warn that failing to report income violates federal law and obscures conflicts of interest, while Paxton's campaign dismissed the reporting as an attempt to "manufacture controversy."
  • Questions about Paxton's financial integrity follow him into his U.S. Senate race against Democratic challenger James Talarico, as a Texas Politics Project poll found only one-third of respondents view Paxton as honest and trustworthy.
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Political Wire broke the news in New York, United States on Friday, September 4, 2026.
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