May 12th - 12:03 pm
In a letter posted online Sunday, McKinney Police Association President Jose Quiles cited the recent reprimand from the Texas State Securities Board over Sen. Paxton’s work as an unregistered financial adviser. The letter is also attributed to the head of the association’s political action committee, Farrel Ritchie.
“Given that the Attorney General is the chief law enforcement officer in the State of Texas, the McKinney Police Association feels it is necessary to protect the integrity of the office and can no longer support Ken Paxton for Attorney General,” Quiles and Ritchie said.
The Republican attorney general candidate has been surrounded by ethical questions, following reports that he had done work soliciting clients for a financial firm without registering with the Securities Board. Sen. Paxton had also failed to disclose his work on various nonprofit boards to the Ethics Commission. He’s since amended those filings.
His opponent in the runoff race for attorney general, Rep. Dan Branch, has called on him to drop out of the race. Branch came in second in a three-way primary race that included Texas Railroad Commission Chairman Barry Smitherman. Branch’s campaign says their internal polling shows them shrinking the nearly 11-point gap seen in the primary.
Earlier this month, the Allen Police Association also withdrew its support, citing the same problems with regulatory authorities.
Read the full letter from the McKinney Police Association below:
May 8th - 1:41 pm
There are new signs of trouble for Sen. Ken Paxton’s campaign for attorney general. Railroad Commissioner Barry Smitherman announced Thursday that he is endorsing Paxton’s Republican opponent, Rep. Dan Branch. Smitherman placed third behind Branch and Paxton in the Republican primary.
Paxton, who came in first in the primary, has been under fire in recent weeks after questions were raised about possible ethics and disclosure violations. Last week, Paxton was fined $1,000 for work he did with a financial services firm without registering with the State Securities Board.
While praising Branch, Smitherman said Paxton’s legal troubles played a key role in his decision. In a statement Smitherman said:
While experience, leadership, and legal skills are important, perhaps the most important of all qualities needed to be Attorney General, the chief law enforcement officer in the State of Texas, is an unwavering commitment to compliance with both the letter and the spirit of the law. The Attorney General must have integrity, honesty, and high moral character.
Sen. Paxton’s recent admission that he broke the law when he failed to register with the State Securities Board, during a period of time when he was actively soliciting investments on behalf of “Fritz” Mowery, is very troubling. He also failed to disclose his employment as an investment advisor to his legal clients, a possible violation of the State Bar’s rules for professional responsibility. As a result of his admission of guilt, Sen. Paxton was recently fined and reprimanded by the Securities Board for multiple violations of the Texas Securities Act.
Remaining open is the question of whether he committed any violations of United States’ securities laws, which would be prosecuted by Eric Holder’s Dept. of Justice, during the years (2008 to 2012) when Mowery Capital Management was under federal rather than state jurisdiction.
For these and other reasons, I am supporting Dan Branch for Attorney General.
Jul 23rd - 1:55 pm
Branch has served in the Texas House since 2003. He is an attorney who formerly worked for the Texas Supreme Court. He has promised to fight federal regulations and decrease the number of frivolous lawsuits in Texas.
Branch will face fellow Republican and current Railroad Commissioner Barry Smitherman in the GOP primary. State Sen. Ken Paxton is also rumored to be planning a run for the seat.
Of the three, Branch has raised the most money, with $4 million in his campaign war chest.
Republicans are vying for the seat that is soon to be vacated by Attorney General Greg Abbott. Abbott announced earlier this month that he would run for governor. That announcement came on the heels of Gov. Rick Perry’s decision not to run for reelection.
So far, no Democrats have filed for statewide office.
The Associated Press contributed to this report