Tag Archives: STOCK Act

Which Three Senators Voted Against Banning Insider Trading in Congress and Why?

Breitbart editor Peter Schweizer’s battle to ban members of Congress from using private information to enrich themselves scored a stunning victory on Thursday when the U.S. Senate voted 96-3 to pass the STOCK (Stop Trading On Congressional Knowledge) Act. While the bill was widely hailed as an essential first step to begin repairing Congress’s abysmal [...]

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Seven Laws You Have to Follow but Members of Congress Don’t

On Thursday, the Senate voted 96-3 to ensure that the same insider trading laws that apply to citizens also extend  to members of Congress. But as the Associated Press points out, elected officials enjoy at least seven legal exemptions that the rest of us do not: Read the rest at Big Government

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Congress Doesn’t Want to Give Up Its Insider Trading Privileges

President Obama’s plea to ban Congressional insider trading may poll well and have bipartisan support, but it’s already facing stiff resistance from lawmakers the morning after his State of the Union address. On Tuesday night, the president spoke in no uncertain terms: “Send me a bill that bans insider trading by Members of Congress, and I will sign it [...]

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Online Petition for STOCK Act Gathering Steam

An online petition to ban congressional insider trading has collected 4,488 online signatures. The petition was started by Rick Smith, a financial writer for the popular investing website The Motley Fool. For years, Mr. Smith has been championing legislation that would stop members of Congress from profiting off of private information.   Given the head [...]

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Washington Examiner: Tea Party’s 2012 Rallying Cry Should Be Combating Insider Trading

As the Tea Party looks to codify and push its 2012 legislative and electoral agendas, a recent editorial by the Washington Examiner argues that the Tea Party would do well to make combating congressional insider trading its marquee legislative issue. Read the rest at Big Government

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Vulnerable Lawmakers Rush to Back Bill Banning Insider Trading

From The Hill: Read the rest at Big Government

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