Congress is considering legislation to ban Members, staff, and others from profiting from financial trades based on inside information. Under the proposal, lawmakers and their staff would have to disclose any stock, bond or commodity trades exceeding $1,000 within 90 days. They also would not be able to pass confidential information to outsiders.
Day: July 14, 2009
Section 512 of HLOGA and Holds
The Honest Leadership and Open Government Act of 2007 provides for a new procedure for “holds” on presidential nominees. Section 512 of HLOGA states: SEC. 512. NOTICE OF OBJECTING TO PROCEEDING. (a) In General- The Majority and Minority Leaders of the Senate or their designees shall recognize a notice of intent of a Senator who […]
Sunlight for House Rules?
Some of called for House Rules meetings to be broadcast live, according to the Hill. Webcam: $23.29. Installation: $0. Watching Members of Congress at 3 a.m. meetings discussing 300-page amendments: Priceless.