Chairman of the House Financial Services Committee Spencer Bachus (R-AL) has called for hearings on the STOCK Act, a bill targeting the legal practice of congressmen profiting from stock transactions involving issues that they have inside information on due to their political positions.
Ironically, Rep. Bachus, himself, is one of the main targets of the insider trading investigation conducted by Breitbart editor Peter Schweizer in his new book Throw Them All Out.
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