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4min chapter
Congress Pursues Good-Governance Reforms
The NPR Politics Podcast
Introduction
Congress could soon vote on legislation that would band lawmakers from trading individual stocks. Lawmakers have to file reports within forty five days every time they buy or sell a stock, or their spouses or dependent children, buy or sell. Over the last year, there's been more than 50 cases of lawmakers who failed to file these reports and filed them weeks or months late. There is just a lot of outside pressure from voters and from members of congress to remove this perception that lawmakers can make money based on inside information.
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