Tuesday, December 29, 2020

TheHill.com: Warren reintroduces bill to bar lawmakers from trading stocks

https://thehill.com/homenews/senate/530968-warren-reintroduces-bill-to-bar-lawmakers-from-trading-stocks

Warren reintroduces bill to bar lawmakers from trading stocks. The reintroduction of the bill by Warren and Rep. Pramila Jayapal (D-Wash.) coincides with scrutiny Georgia Sens. Kelly Loeffler (R) and David Perdue (R) are facing over their own stock trading during the pandemic.

Marty Wulfe

Tuesday, December 22, 2020

Trump can use funds he raised to "stop the steal" to enrich himself

https://www.democracynow.org/2020/12/22/trump_fundraising_pac

 

Because FEC is so weak, money raised by a PAC can be spent through firms controlled by the PAC founders or their relatives, thus enriching the PAC insiders rather than furthering the political cause for which the donors gave. Both small and large donors n be targeted. And any politician or political operative can run this type of scam – and they do. We have pointed out “liberal” ones in the past like ‘End Citizens United.’

 

Charlie Cooper and Tina Coplan

Monday, December 21, 2020

Toomey's language could benefit big banks or pave the way for lucrative post-Senate employment

https://www.dailyposter.com/p/gop-senators-last-minute-fed-language?token=eyJ1c2VyX2lkIjo2MDE2NTUsInBvc3RfaWQiOjI3Mjg5NzIwLCJfIjoiNHRGUUYiLCJpYXQiOjE2MDg1ODI2MjMsImV4cCI6MTYwODU4NjIyMywiaXNzIjoicHViLTM3Nzc4Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.DlDHEN1WhXixx32MYhLCHZIE6Jq0GihByWsroJL-hII

 

Without endorsing or condemning the Federal Reserve lending programs that Sen. Toomey wishes to limit, I post this because it connects large-scale contributions with specific legislative action by a senator and because there may be a motive to prepared for “retirement” in a cushy Wall Street job.

 

Charlie Cooper