Bill to stop Congressional insider training moves
Jan 31, 2012 1:08 am
Earlier this fall, U.S. Senator Kirsten Gillibrand and many others watched a devastating "60 Minutes" story about how Congressional representatives are allowed to profit on information they might be briefed on in conjunction with their job. Gillibrand has championed reform since then, and last week during the "State of the Union" speech President Barack Obama asked Congress to send him the bill to sign. Mon., Jan. 30, that bill that Gillibrand has advocated for since, the STOCK Act, passed s procedural vote in the Senate 93 to 2, sending the bill to the Senate floor. “The American people need to know that their elected leaders play by the exact same rules that they play by. They also deserve to know their lawmakers' only interest is what's best for the country, not their own financial interests. Members of Congress, their families and staff shouldn’t be able to gain personal profits from information they have access to that everyday middle class families don’t," Sen. Gillibrand said in a press release.