Lamont, Stefanowski joust over the Republican’s work for Saudis – The Connecticut Mirror
Gov. Ned Lamont said Friday that Republican Bob Stefanowskis consulting for Neom, a company founded by Saudi Crown Prince Mohammed bin Salman, calls into question his opponents fitness and independence.
Lamonts comments were the first since Stefanowski confirmed Wednesday that he had been concealing his employment by Neom, a client of a consulting practice that has allowed him to largely self-fund his campaign for governor.
I can see why somebody running for office wanted to hide that from the public, Lamont said. I think it raises some real questions about his judgment and his independence.
Responding to reporting by Hearst Connecticut, Stefanowski acknowledged approaching the Saudis in late 2018, not long after Saudi agents killed Jamal Khashoggi, a Washington Post columnist critical of the regime.
I think signing the deal with the Saudis, right after the assassination of Khashoggi raises questions about judgment, Lamont said.
At the time, Stefanowski had just lost his first race for governor and was looking for consulting work. He began working for Neom in 2019 as the CIA concluded that Khashoggis death was most likely was ordered by the crown prince.
On Friday, interviewed after a late-afternoon campaign stop at at turkey farm in Sterling, Stefanowski declined to directly respond to Lamonts attacks on his judgment or independence.
Gov. Lamont is no one to question my judgment, Stefanowski said.
He repeated his criticisms of Lamont for the state contracting with Sema4, a company in which a venture capital firm co-founded by First Lady Annie Lamont had invested.
But the Saudi disclosure flipped the script on a Stefanowski line of attack in 2022 that Lamont and his wife were not fully transparent in their finances.
Stefanowski said only after being approached by Hearst Connecticut did he seek permission from Neom to confirm they were a client. He said he had been bound by a non-disclosure agreement.
The reason I disclosed it was because it was made public by another means, he said. I have to put my clients first. And I wasnt going to disclose. I wasnt going to break my NDA.
He offered no explanation of how the mere disclosure they were a client would have jeopardized any portion of Neom, a project that the crown prince announced in 2017 to global fanfare.
Its not my determination to make. I put my clients first, he said.
The Lamonts say they have disclosed all sources of their income in their annual Statements of Financial Interest, as required by the state ethics code. Their filings are public.
In addition, they have disclosed the identities of companies in which Annie Lamonts company, Oak HC/FT, is invested, whether or not those investments have produced income for the Lamonts.
On that list is Sema4, one of four companies that won fast-track, no-bid contracts to provide COVID-19 testing in the earliest months of the pandemic.
The Lamonts say they have derived no income from Sema4, whose value has tanked. From a peak of nearly $26 a share in February 2021, it closed Friday at 86 cents.
Stefanowski acknowledged he was still working for Neom and traveling to Saudi Arabia earlier this year. He says has reduced his work by 98%, without saying if his Neom income also has fallen by 98%.
It sounds like Bob is still on the payroll. At the same time, hes a candidate for public office, Lamont said. So Im not quite sure if hes really working it right now or not. I think hes campaigning pretty much full time. But it does lead to questions. The Saudis are trying to get involved in our political process far and wide. So thats why I think let things settle out. But those are the questions I have.
Lamont said Stefanowski was hiding his ties to the Saudis, who recently have cut oil production to force higher prices, while the Republican was faulting Democrats for higher gas prices.
Until Wednesday, Stefanowski had not disclosed any sources of the income he earned through his consulting firm, Lolo. Last month, Stefanowski released summary pages of the $36.8 million he and his wife reported earning in 2019, 2020 and 2021.
His consulting practice produced sharply higher income than the millions he reported earning in 2016 and 2017, the last years as chief executive officer of DFC Global, a payday loan company. His income then was $6.9 million and $9.7 million.
On Friday, Stefanowski suggested Lamont was somehow tainted by Neom due to the reported interest in investing in Neom by Ray Dalio, the founder of Bridgewater Associates.
If the governor is going to say anything negative about me to this, hes got to speak to the fact that he took $100 million from Ray Dalio, Stefanowski said.
Stefanowski was referring to $100 million that Dalios family charity had pledged to the state, not Lamont, in a partnership to serve disaffected youth. The partnership was dissolved before going forward, and the Dalio family is pursuing its goals through private philanthropy.
In April, Lamont released his summaries of his tax returns showing an adjusted gross income that averaged $8.65 million a year in 2018, 2019 and 2020. He did not release 2021 taxes, for which he had sought an extension.
Ive now disclosed everything, Stefanowski said. Ive disclosed my 2021 taxes. Ive started to disclose major disclosures on clients.
Lamont, whose deadline for filing was Oct. 15, is expected to release the 2021 summaries.
Both Lamont and Stefanowski are largely self-funding their campaigns.
Reports filed late Tuesday night for the three-month period ending Sept. 30 showedthe Democratic governor and Republican challenger spending at a record pace: $14.8 million by Lamonts campaign and $9.2 million by Stefanowskis.
While the governors tax returns showed ample investment income to pay for his campaign, Stefanowski said Lamont should say what assets, if any, he sold to finance his reelection.
See the article here:
Lamont, Stefanowski joust over the Republican's work for Saudis - The Connecticut Mirror
- John Oliver Issues Urgent Warning Ahead of Midterms About the Republican Partys Nazi Ties - Variety - October 26th, 2026 [October 26th, 2026]
- District 15: Outspoken Democrat, conservative Republican face off in West Boise - Idaho Education News - October 26th, 2026 [October 26th, 2026]
- Democrats are rallying the troops in Michigans solidly Republican 1st Congressional District - Michigan Advance - October 26th, 2026 [October 26th, 2026]
- Republican Tom Tiffany proposes parents bill of rights - Wisconsin Examiner - October 26th, 2026 [October 26th, 2026]
- SNAP Tracker: People Are Losing Food Assistance as the Harmful 2025 Republican Reconciliation Law Is Implemented - Center on Budget and Policy... - October 26th, 2026 [October 26th, 2026]
- Republican billionaire Rick Jackson is walking a Trump tightrope in his quest to lead Georgia - PBS - October 26th, 2026 [October 26th, 2026]
- Republican Jeff Crank says he remains a good fit for the district in District 5 reelection bid - Colorado Public Radio - October 26th, 2026 [October 26th, 2026]
- Swing State Republican in a Razor-Thin Race Tries to Outrun Trump - The New York Times - October 26th, 2026 [October 26th, 2026]
- Trump endorses nearly every major Texas Republican except these two - San Antonio Express-News - October 26th, 2026 [October 26th, 2026]
- A tale of 2 campaigns: How a pair of Pa. Republican incumbents split on the Trump effect - WHYY - October 26th, 2026 [October 26th, 2026]
- Republican President Donald J. Trump fired up an enthusiastic Republican crowd in Port Huron on Sunday, Oct. 25, seeking to disprove the projections... - October 26th, 2026 [October 26th, 2026]
- Trump campaigning in red states to reassure Republican voters - CBS News - October 26th, 2026 [October 26th, 2026]
- Vance front and center in Republican midterms push is this a dry run for a White House bid? - The Guardian - October 26th, 2026 [October 26th, 2026]
- Byron Donalds says media doesn't report how historic being the first Black Governor would be because he's Republican - Florida Politics - October 26th, 2026 [October 26th, 2026]
- I'm Republican. I care about GOP values. That's why Im voting for Talarico. - Houston Chronicle - October 26th, 2026 [October 26th, 2026]
- Ohio Republican Bus Tour, Vivek Ramaswamy to stop in Canfield this weekend - WKBN.com - October 26th, 2026 [October 26th, 2026]
- Democratic, Republican strategists react to polling data ahead of the midterms, Trump's likability - CBS News - October 26th, 2026 [October 26th, 2026]
- Wisconsin Republican Tiffany says Zuckerberg money was the reason he tried to overturn 2020 election - AP News - October 22nd, 2026 [October 22nd, 2026]
- Amy Acton survived childhood abuse. Her Republican opponent is using it to attack her. - The 19th News - October 22nd, 2026 [October 22nd, 2026]
- Ohio becomes midterm battleground after years of Republican wins - PBS - October 22nd, 2026 [October 22nd, 2026]
- GOPs Mace slams shameful, disgusting, offensive Republican ad in Ohio - CNN - October 22nd, 2026 [October 22nd, 2026]
- The Republican governor candidates walking back some of their abortion stances - PBS - October 22nd, 2026 [October 22nd, 2026]
- Taxes, Trump, ICE and the cost of living: Republican Mike Minogue explains what he would change in Massachusetts if elected governor. - Facebook - October 22nd, 2026 [October 22nd, 2026]
- Trump's new pitch for Republican candidates? They're really good looking - PBS - October 22nd, 2026 [October 22nd, 2026]
- Republican in heated Assembly race is in deep debt and not disclosing it - Politico - October 22nd, 2026 [October 22nd, 2026]
- Special Interview: Republican Greg Cunningham on his bid for CD2, Iran War, Inflation and more - KOB 4 - October 22nd, 2026 [October 22nd, 2026]
- Republican Sen. Collins promotes her 'true blue-blooded Maine'-ness, partnering with ex-Dem Manchin - Fortune - October 22nd, 2026 [October 22nd, 2026]
- Election 2026: In 183rd, incumbent Republican Zach Mako in contest with Democrat Deirdre Kamber Todd - The Morning Call - October 22nd, 2026 [October 22nd, 2026]
- The New York Times. . A Republican ad features Amy Actons estranged mother calling her daughter a liar. The two have not spoken since Dr. Actons... - October 22nd, 2026 [October 22nd, 2026]
- Republican on Ramaswamy ad: 'This may have sealed the deal' for Acton - WKYC - October 22nd, 2026 [October 22nd, 2026]
- Theres Something Missing From Republican Ads as the Midterms Near - The New York Times - October 22nd, 2026 [October 22nd, 2026]
- Ohio's working-class voters rethink support for Trump and the Republican Party - Reuters - October 15th, 2026 [October 15th, 2026]
- Republican Congressmans Bill Seeks to Penalize Governments That Recognize Indigenous Peoples Day - Native News Online - October 15th, 2026 [October 15th, 2026]
- Republican wave unlikely but House GOP can hold their own, says outgoing congressman - NBC News - October 15th, 2026 [October 15th, 2026]
- Buttigieg and McCann argue Republican self-interest is undermining the American Dream - Michigan Advance - October 15th, 2026 [October 15th, 2026]
- Ohios working-class voters rethink support for Trump and the Republican Party - The Japan Times - October 15th, 2026 [October 15th, 2026]
- Massive trove of Republican voter and donor info breached in Biden DOJ probe: Senate chairman - Fox News - October 15th, 2026 [October 15th, 2026]
- Republican Representative Andy Harris gets into a heated exchange on debate stage - WUSA9 - October 15th, 2026 [October 15th, 2026]
- Analysis | Republican senators are starting to break from Trump in noticeable ways - The Washington Post - September 26th, 2026 [September 26th, 2026]
- Youre going to see more of it: Republican candidates distance themselves from Trump - NBC News - September 26th, 2026 [September 26th, 2026]
- Opinion | The Mistake That May Finally Get the Republican Base to Ditch Trump - The New York Times - September 26th, 2026 [September 26th, 2026]
- Republican Panic Sets In Over Prospects of a Massive Blue Wave - Time Magazine - September 26th, 2026 [September 26th, 2026]
- Michael Whatley, the Republican Senate Candidate in North Carolina, Sticks By Trump - The New York Times - September 26th, 2026 [September 26th, 2026]
- This swing state Republican is distancing himself from Trump, but it may not save him in the midterms - PBS - September 26th, 2026 [September 26th, 2026]
- Beth Fukumoto: This Stretch Of Hawaii Is Edging Republican - Honolulu Civil Beat - September 26th, 2026 [September 26th, 2026]
- Opinion | Im a Republican. This woman tried to do everything right and was deported. - The Washington Post - September 26th, 2026 [September 26th, 2026]
- Hegseth Issues Veiled Order to Military to Vote Republican in Midterms - The New Republic - September 26th, 2026 [September 26th, 2026]
- Column: Republican candidates can't escape the stink of Trumpism - Los Angeles Times - September 26th, 2026 [September 26th, 2026]
- Finance Republican Floats Senate Version of Crypto Tax Bill - Bloomberg Government News - September 26th, 2026 [September 26th, 2026]
- Chairs of NH Democratic, Republican parties spar over upcoming election - WMUR - September 26th, 2026 [September 26th, 2026]
- Election Dispatches: Democrats Notch a Win as the Supreme Court Tosses a Republican Gerrymander in Missouri - The New York Times - September 26th, 2026 [September 26th, 2026]
- John Deaton is Trying His Hand as an Anti-Trump Republican in Massachusetts. Will It Work? - The Belmont Voice - September 26th, 2026 [September 26th, 2026]
- Latter-day Saints largely identify as Republican but stand out from their partisan peers on diversity issues - pewresearch.org - September 26th, 2026 [September 26th, 2026]
- Several republican candidates break with Trump over Iran war - Northern News Now - September 26th, 2026 [September 26th, 2026]
- Republican support for Trumps handling of war in Iran shows cracks in new CNN poll - CNN - September 26th, 2026 [September 26th, 2026]
- Republican Nominee in Texas Using Trumps $5,000 Promise to Deceive Voters - The American Prospect - September 17th, 2026 [September 17th, 2026]
- Trump-Backed Republican Congresswoman Says the Presidents Immigration Crackdown Has Gone Too Far - time.com - September 17th, 2026 [September 17th, 2026]
- Jon Kyl, Republican Senator Known for His Skills Behind the Scenes, Dies at 84 - The New York Times - September 17th, 2026 [September 17th, 2026]
- Jon Kyl, former Republican US senator who served three terms, dies aged 84 - The Guardian - September 17th, 2026 [September 17th, 2026]
- Republican candidate in Florida warns Trump his immigration agenda has 'gone too far' - Reuters - September 17th, 2026 [September 17th, 2026]
- In new ad, Republican warns Trump he went too far on immigration enforcement - washingtonpost.com - September 17th, 2026 [September 17th, 2026]
- Pretend Im on the ticket: Trump hits campaign trail in bid to boost Republican hopes - The Guardian - September 17th, 2026 [September 17th, 2026]
- LEADER JEFFRIES: "THE AMERICAN PEOPLE HAVE HAD ENOUGH OF DONALD TRUMP AND THE FAILED REPUBLICAN ECONOMY" - Democratic Leader Hakeem Jeffries... - September 17th, 2026 [September 17th, 2026]
- Trump Tells Crowd in North Carolina They Wont Get FEMA Funding If They Dont Vote for Republican Candidate - People.com - September 17th, 2026 [September 17th, 2026]
- Why Republican redistricting gains may fall short in the midterms | DATA NERDS - The Hill - September 17th, 2026 [September 17th, 2026]
- Behind the Byline Trump and the Republican midterm convention - Roll Call - September 17th, 2026 [September 17th, 2026]
- The 40: A Special Announcement, Midterm Themes, and Republican Developments - thetexan.news - September 17th, 2026 [September 17th, 2026]
- Jon Kyl, Republican Senator Known for His Skills Behind the Scenes, Dies at 84 - GV Wire - September 17th, 2026 [September 17th, 2026]
- After months of holding out, Republican groups begin raining money down on Senate race in Texas - spectrumlocalnews.com - September 17th, 2026 [September 17th, 2026]
- Republican secretary of state candidate makes case for in-person voting, hand-counting in state elections - Colorado Public Radio - September 17th, 2026 [September 17th, 2026]
- U.S. Rep. Brandon Gill seeks top Republican oversight post - The Texas Tribune - September 17th, 2026 [September 17th, 2026]
- Jon Kyl, a former top Republican in the Senate, dies at 84 - washingtonpost.com - September 17th, 2026 [September 17th, 2026]
- Who Is Stacy Garrity? Meet the Republican candidate for Pa. governor - wgal.com - September 17th, 2026 [September 17th, 2026]
- Recount confirms Hudson as winner in Republican primary for District 33 - coasttv.com - September 17th, 2026 [September 17th, 2026]
- North Carolina Republican Rep. Tim Moore on rising gas prices, AI safeguards - FOX8 WGHP - September 17th, 2026 [September 17th, 2026]
- Republican bill would order ISPs, DNS providers, and VPNs to block piracy sites - Ars Technica - September 17th, 2026 [September 17th, 2026]
- Key takeaways from day one of the Republican midterm convention - Houston Public Media - September 15th, 2026 [September 15th, 2026]
- Bo French's racist post becomes a litmus test for every Republican on the ballot - Houston Chronicle - September 15th, 2026 [September 15th, 2026]
- Vance, Trump issue plea for Americans to vote Republican on last night of convention - NPR - September 15th, 2026 [September 15th, 2026]
- Rhode Island Board of Elections approves recount in Republican primary for governor - WJAR - September 15th, 2026 [September 15th, 2026]