A Massachusetts state senator who founded the regional airline
Cape Air and remains its chief executive said Thursday he would
resign his seat and suspend his gubernatorial bid while he fights
an ethics decision concerning his business with the state.
Democratic state Sen. Dan Wolf, who was elected in 2010 to represent Cape Cod and the swanky summer colonies of Martha's Vineyard and Nantucket, said he disagreed with a recent ruling that his business interests conflict with his political position.
Earlier this month, the state ethics commission ruled that Mr. Wolf's spot in the Legislature violated conflict-of-interest laws because Cape Air has a contract with the Massachusetts Port Authority to operate out of Logan Airport. The commission ruled that in order to comply with state law, Mr. Wolf would have to shed his holdings in Cape Air, terminate Cape Air's Logan contracts or step down from elected office. Mr. Wolf has at least a 23% ownership in the airline, the ruling stated.
http://reason.com/24-7/2013/08/22/mass-state-senator-to-resign-over-ethics
Democratic state Sen. Dan Wolf, who was elected in 2010 to represent Cape Cod and the swanky summer colonies of Martha's Vineyard and Nantucket, said he disagreed with a recent ruling that his business interests conflict with his political position.
Earlier this month, the state ethics commission ruled that Mr. Wolf's spot in the Legislature violated conflict-of-interest laws because Cape Air has a contract with the Massachusetts Port Authority to operate out of Logan Airport. The commission ruled that in order to comply with state law, Mr. Wolf would have to shed his holdings in Cape Air, terminate Cape Air's Logan contracts or step down from elected office. Mr. Wolf has at least a 23% ownership in the airline, the ruling stated.
http://reason.com/24-7/2013/08/22/mass-state-senator-to-resign-over-ethics
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