Follow Barack Obama prior and during his tenure as the 44th President of the United States. Read about my personal observations along with every day facts as they happen. This blog will only submit factual information about the first black President, now in his 2nd term of office.
BARACK OBAMA MEMORIBILIA available right HERE at www.obamaitems.info

BARACK OBAMA IN THE WHITEHOUSE

Send E-mail to the Editor at: obamainthewhitehouse@mail.com
Click on the GOOGLE TRANSLATE BUTTON BELOW AND SELECT YOUR LANGUAGE

Search This Blog

Misuse of Inside Information by Congress

Friday, February 3, 2012


Obama - Biden
James --

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-Trading-in-Congress


Thanks, and stay tuned,

James

James Kvaal
National Policy Director
Obama for America

0 comments:

  © Free Blogger Templates Columnus by Ourblogtemplates.com 2008

Back to TOP