Spencer Bachus insider trading

(Newser) - The Washington Post has pored over the 45,000 stock transactions made by members of Congress between 2007 and 2010, in a mammoth investigation into just how bad the government's insider trading problem is. The result—130 members of Congress or their families bought and sold up to $218...

(Newser) - 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...

(Newser) - Foxes have been found guarding hen houses on Capitol Hill in the past, but ethics investigators now believe they have identified a particularly greedy one. Rep. Spencer Bachus, chair of the House Financial Services Committee, is being probed for possible violations of insider-trading laws, reports the Washington Post . The investigation...