“I am extremely disappointed in the filing errors that were made," the Tennessee Republican said. | AP Corker acknowledges millions in 'filing errors'

Tennessee Sen. Bob Corker had not properly disclosed millions of dollars in income from real estate, hedge funds and other investments until last Friday, according to a Sunday evening report from The Wall Street Journal. The Republican senator said these were oversights he has since corrected.

“I am extremely disappointed in the filing errors that were made in earlier financial disclosure reports,” the Tennessee Republican told the Journal in a statement, after the newspaper had queried his office about his past financial reports that it said contained irregularities.


Corker, who is the third-ranking Republican on the Senate Banking Committee, did not properly disclose at least $2 million in income from investments in three separate hedge funds in Tennessee, as well as millions of dollars in income from commercial real estate investments because of an accounting error, and millions of dollars in various other assets and income from transactions.

According to the report, Corker filed amendments to his previous personal financial reports on Friday.

“After completing a full, third-party review, we have corrected this oversight,” Corker said in his statement to the newspaper, adding that he had hired an accounting firm after the Journal began making inquiries.

This article tagged under: Bob Corker