Congress approves weaker version of bill designed to police itself
(AP) - The Senate today sent President Obama a scaled-down bill to explicitly ban members of Congress, the president, and thousands of other federal workers from profiting from nonpublic information learned on the job. In an unusual move, the legislation passed unanimously without a vote on the measure itself. Instead it passed automatically via a procedural maneuver that only Republicans Tom Coburn, Chuck Grassley, and Richard Burr voted against. Obama has said he will sign the bill. More»
