Home>Campaigns>Gottheimer rips Pallotta in new TV ad, contrasts his own accomplishments in Congress

Rep. Josh Gottheimer appears in an October 2022 TV ad for his re-election campaign. (Photo: Gottheimer for Congress).

Gottheimer rips Pallotta in new TV ad, contrasts his own accomplishments in Congress

North Jersey Democrat goes after Pallotta’s support for Oath Keepers, attacks his role in subprime mortgages

By David Wildstein, October 28 2022 9:00 am

In a new TV ad, Rep. Josh Gottheimer (D-Wyckoff) brutalizes GOP challenger Frank Pallotta for backing a domestic terrorist group, cheating people through subprime mortgages while working on Wall Street, and for calling abortion manslaughter, while touting his bi-partisanship and endorsements from the police unions and two daily newspapers as he seeks a fourth term as the congressman from New Jersey’s 5th district. 

In “Fraudster Frank,” the ad smacks Pallotta around and then Gottheimer speaks directly to cameras to talk about a law he wrote that provides new funding for local police, as well as his efforts to cut taxes and reduce gas prices. 

Script: “(Narrator) The Star-Ledger calls Pallotta flat out dangerous. Fraudster Frank ripped off veterans and seniors in a financing scam. So extreme, Pallotta calls abortion manslaughter and praised a domestic terrorist group as good people. Josh Gottheimer is ranked the most bipartisan member of Congress. (Gottheimer) I passed a new law to fund our local police. I’m fighting to cut taxes and for an all in energy plan that will lower gas prices. I work with both Democrats and Republicans for one simple reason, I work for you. I’m Josh Gottheimer and I approve this message.

In a 2016 deposition, two Morgan Stanley executives testified that Pallotta was involved in marketing subprime mortgages that led to the 2008 financial crisis.  Pallotta has denied his role. 

While running against Gottheimer in 2020, Pallotta refused to repudiate the Oath Keepers, an anti-government militia group whose leaders were charged with sedition for their role in the January 6 attack on the U.S. Capitol, as “good people.”

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