- Posted October 03, 2012
- Tweet This | Share on Facebook
Congress posts member financial data on Internet
By Larry Margasak
Associated Press
WASHINGTON (AP) -- House Speaker John Boehner bought stock in two health care companies this year, while third-ranking House Republican Kevin McCarthy bought and sold Apple stock within a few days. Senate Majority Leader Harry Reid bought two government bonds and sold two others.
The leaders' financial transactions were among the initial public disclosures required under the Stock Act, legislation passed in March to ensure that government officials do not profit from inside information learned during their official duties. The legislation required frequent disclosures of financial transactions that previously were only required annually.
The initial disclosures for members of Congress were posted Monday on the Internet. Similar postings for the executive branch are scheduled for later this year.
Congress passed the law as part of an effort to repair its sagging public image.
Published: Wed, Oct 3, 2012
headlines Oakland County
- Judge’s memorial unveiled
- Bring ’em to Ingham? Not necessarily, Supreme Court rules of lawsuits state files
- Nessel secures preliminary injunction protecting USDA funding
- Final judgment secured in lawsuit challenging administration’s $100k tax for H-1B visas
- Woman sentenced for distributing child porn, prosecutor disappointed with sentence imposed
headlines National
- Bill Kurtis’ memoir tells how law school trained him for covering trials
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- Justice Barrett’s home targeted in attempted swatting call
- Texting-and-driving charges dropped against woman without right hand
- Fender warns guitar makers to stop producing Stratocaster look-a-likes
- General counsel compensation climbs, aligned with equity and company scale
