What Stocks Do Your Senators Own? See Their Investments in NBCLX's Tool

There was no easy way to check Congress members' financial disclosures, so NBCLX built one.Ten years ago this April, Congress voted to make lawmakers’ financial interests more transparent, but after 12 months, they changed their minds.passed in the Senate 96-3 and in the House 417-2. The law promised the creation of a searchable online database listing personal investments owned by each member of Congress.

“The STOCK Act makes it clear that if members of Congress use nonpublic information to gain an unfair advantage in the [stock] market, then they are breaking the law,” said President Obama at the bill’s signing. “We were sent here to serve the American people and look out for their interests, not to look out for our own interests.”

One of the main ways members of Congress gain access to nonpublic info that could be advantageous when investing is through committee assignments. Congressional committees oversee most aspects of American life, including the business world, and every lawmaker sits on at least one. Committees craft industry regulations, investigate corporate practices, question industry leaders and more.

. But if you’re wondering how lawmakers could gain an unfair trading advantage, imagine you’re on the Senate Committee on Defense and you must decide which defense contractor gets a big government check. If a company in your investment portfolio gets the contract, it might look like you used your elected position to get rich instead of make the best choice for the public., scaling back the online database and making electronic forms optional instead of mandatory.

NBCLX George Herbert Walker [Bush] way!! use drugs to murder off black men and replace them with illegal Mexicans, we got to take this to the {United Nation} this have been mass murder, using american chemist and a George walker government for 35 years, black man stop with there drugs,

NBCLX you can put all the 'black men' in these places all you want, its just a cover for the violation of the 1960 civil rights for these land occupying corporation, they keep black male unemployed, and are forcing them into selling drugs, {kkk police and train foreigners and drugs}

NBCLX It didn’t work for me.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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