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Tag: 60 Minutes

Spencer Bachus: It's Time for You to Go

When Peter Schweizer uncovered evidence of insider trading by Republican chairman of the House Financial Services Committee Spencer Bachus (R-AL), and 60 Minutes reported on it, I was the first person to call for Rep. Bachus to resign. That was November 14, 2011. Now, with news that the Office

Popular State Senator to Challenge Rep. Bachus in Primary

Alabama State Senator Scott Beason (R-AL) announced his candidacy for Alabama’s 6th Congressional district late last week against 10-term incumbent, Spencer Bachus (R-AL). This comes on the heels of multiple accounts of corruption exposed initially in Peter Schweizer’s best selling

Spencer Bachus Cancels Vote on Insider Trading Ban

From BusinessInsider: The House Financial Services Committee canceled a scheduled “mark-up” of a bill to ban congressional insider trading last night, amid concerns that the committee’s chairman, Spencer Bachus, was moving forward with the bill to take the heat off

New York Times: Time to Ban Profit-taking Inside Congress

From The New York Times: The ghost of George Washington Plunkitt, the 19th-century Tammany Hall boss who cynically defined “honest graft,” is in the air as bipartisan panic suddenly sweeps Congress over an ethical matter that is old news on

SEC: We Can Prosecute Congressmen For Insider Trading

Yesterday the Senate held a hearing based on the research of Breitbart editor and author of “Throw Them All Out” Peter Schweizer. Schweizer appeared on “60 Minutes” to discuss how it is perfectly legal for Congressmen to use industry insider

Vulnerable Lawmakers Rush to Back Bill Banning Insider Trading

From The Hill: Politically vulnerable lawmakers are lining up as co-sponsors of legislation that would ban congressional insider trading. A “60 minutes” report earlier this month indicated that members of Congress have been trading stocks based on knowledge gained from