Ethics Reform

STOCK Act Gains Momentum After 60 Minutes Exposes Congressional Insider Trading

| Importance: 8/10

The Stop Trading on Congressional Knowledge (STOCK) Act gained explosive momentum after CBS’s 60 Minutes aired an investigation on November 13, 2011, revealing that several members of Congress allegedly used non-public information obtained through their official positions for personal …

Scott Brown Kirsten Gillibrand Brian Baird Congressional Corruption Insider Trading Political Accountability Financial Regulation Ethics Reform
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Honest Leadership Act Takes Effect But Fails to Slow Congressional Revolving Door

| Importance: 8/10

The Honest Leadership and Open Government Act took full effect after President Bush signed it into law, implementing new ethics rules designed to slow the revolving door between Congress and lobbying firms. The law extended cooling-off periods from one to two years for senators and established a …

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