A New Bill Introduced In Congress To Stop Lawmakers From Engaging In Insider Trading
President Barack Obama and Senator Nancy Pelosi, who is in hot water today. The “Stock Act” is one bill she will not want signed.
A new bill has been introduced into the U.S. Congress, labeled “the STOCK act” that if passed, would bar lawmakers from engaging in insider trading, using privileged information obtained in the legislature. The CBS News expose of this unethical practice, featured on the program “60 Minutes” has caused an uproar, prompting some lawmakers to push for the bill’s passage. Former House Speaker, Nancy Pelosi, has become the poster child for insider trading in Congress, a development she dislikes.