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my.barackobama.com/Ban-Insider-Trading-in-Congress

Daily newsbrief journal for January 2012, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


my.barackobama.com/Ban-Insider-Trading-in-Congress

Postby admin » Mon Jan 30, 2012 6:14 pm

Image

Friend --

Right now, members of Congress can make personal investment decisions based on confidential information they get in the course of regulating industries and doing their work.

It's kind of unbelievable that this isn't already illegal. President Obama wants to make it illegal once and for all -- no one should profit from inside information about the very businesses they're supposed to be regulating.

Today, the Democratic leadership in the Senate voted to move forward on a bill to extend to Congress the same strict rules that apply to anyone else whose job gives them access to sensitive information about businesses. This legislation is expected to pass the Senate with bipartisan support later this week.

But Republicans in the House have yet to move on it.

There aren't a lot of good reasons to disagree with this bill. So the question here isn't how many people we have to persuade, but simply how loudly we can speak up to prevent the House Republicans from dodging this issue.

Say you support the President on banning insider trading in Congress:

http://my.barackobama.com/Ban-Insider-T ... n-Congress

Thanks, and stay tuned,

James

James Kvaal
National Policy Director
Obama for America
admin
Site Admin
 
Posts: 82092
Joined: Fri Nov 27, 2009 7:00 am

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