The Washington Times reports on Rep. Perlmutter’s support for “green” banking. Mr. Perlmutter, a two-term Democrat, has two investments in the 3-year-old New Resource Bank, which calls itself the nation’s first green bank. Among other environmentally conscious banking products, the bank offers home equity loans for consumers to make their homes more energy efficient, in […]
Category: House
Congressional Insider Trading
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.
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.