Saturday, April 13, 2013

The Best Congress Money Can Buy

'Congress Repeals Financial Disclosure Requirements For Senior U.S. Officials'

Source: NPR News

"Joining the Senate, the House of Representatives approved a measure today that repeals a requirement that top government officials post financial disclosures on the Internet.

The House, like the Senate, acted quietly without a vote. Instead, they sent the measure to the president's desk by unanimous consent.

The provision was part of the Stop Trading on Congressional Knowledge Act (Stock), which became law in March of 2012. The act was intended to stop members of congress from profiting from nonpublic information..."
"...The Sunlight Foundation, which advocates for a more open government, called today's repeal an "epic failure..."

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