Democrats controlled all three branches of government for the first two years of President Barack Obama’s presidency and did nothing to advance congressional insider trading reform. Indeed, former Speaker of the House Nancy Pelosi (D-CA) and Sen. John Kerry (D-MA)
In the wake of Monday’s bipartisan 92-3 Senate vote to take up legislation that would ban members of Congress and their staffs from profiting from the use of nonpublic information when investing, freshman Congressman Sean Duffy (R-WI) believes the much-discussed
Breitbart editor Peter Schweizer’s battle against congressional insider trading will enter a critical phase this week as the Senate is set to vote on a bill banning members of Congress from using material, nonpublic information to make private investments. From
On Saturday, Rep. Allen West (R-FL) fired up Republicans with a speech at the Palm Beach County Republican Party Lincoln Day dinner that challenged liberals to “get the hell out of the United States of America” with their message of
Over the last three years, the number of Americans on food stamps has skyrocketed by two-thirds and stands at a record-high 46 million citizens, or one out of every seven people in the United States. Despite the historic rise in
With gas prices now almost double what they were on the first day of President Barack Obama’s presidency, we’re left to wonder: what ever happened to all those “price gouging” investigations Democrats launched four years ago to relieve pain at
The latest taxpayer-funded boondoggle to emerge from the Obama Administration’s infamous Energy Department grant and loan program has cost taxpayers $118.5 million, new bankruptcy filings by electric battery maker Ener1 reveal. From Bloomberg News: The company listed assets of $73.9
In a recent op-ed by Rep. Sean Duffy (R-WI), the freshman congressman said that while efforts such as the STOCK (Stop Trading On Congressional Knowledge) Act designed to stop members of Congress were commendable, ultimately, they will not work as
Issuing tough words in the wake of Newt Gingrich’s dramatic South Carolina victory, Gov. Chris Christie said on Meet the Press that Mr. Gingrich has “embarrassed” the Republican Party in the past and that he doesn’t know “whether he’ll do
In a State of the Union speech devoid of clarity or specifics, President Barack Obama offered but one shining exception: a direct call for members of Congress to send him a bill to ban congressional insider trading. [youtube McbqyUZ_MVE] “Send
With Gallup’s recent report that the U.S. underemployment rate now stands at a jaw-dropping 19 percent, Speaker John Boehner wants to know why Senate Majority Leader Harry Reid and Senate Democrats have yet to take action on the 24 jobs bills passed by the
In an interview with BreitbartTV, Tea Party Patriot Leader Jenny Beth Martin said she believes Newt Gingrich’s South Carolina primary victory was a victory for the Tea Party. Ms. Martin said that although Mr. Gingrich “is not the perfect candidate,”
In a FOX News interview on Monday, Rep. Allen West (R-FL) defended former Speaker Newt Gingrich’s contention that President Barack Obama is the best “food stamp president” America has ever seen, a charge that some Democrats have argued is laced
President Barack Obama will deliver his fourth State of the Union address on Tuesday, January 24th–the very day that marks the 1,000th day since the Democrat-controlled United States Senate last bothered to pass a budget. [youtube H2r_YevgDj4] On Monday, the
On the heels of Newt Gingrich’s trouncing of Mitt Romney in the South Carolina primary, Republican Party brass are privately expressing deep concerns that former Speaker of the House Newt Gingrich’s high unfavorable rating in national polls could prove catastrophic
In an appearance on “Meet the Press” Sunday morning, Sen. Harry Reid (D-NV) claimed that the Tea Party is “dying out” heading into the 2012 elections. Here’s Sen. Reid’s exchange with reporter David Gregory: SEN. REID: Well, I think the
With members of the mainstream media now hurling charges of using racially coded language against GOP presidential candidate Newt Gingrich, Big Government has uncovered a private memorandum written over three decades ago that offers a unique glimpse into Mr. Gingrich’s
According to a new study conducted by the Washington Times newspaper, the 2011 112th Congress was the “most futile” and least productive since records began being kept in 1947. For many conservatives, fewer laws passing–and the spending that often comes
With only one congressman and two senators, Vermont’s congressional delegation may be small. But that isn’t stopping Sen. Bernie Sanders (I-VT), Sen. Patrick Leahy (D-VT), and Rep. Peter Welch (D-VT) from doling out big dollars–$236,830, to be exact–to members of
In the wake of Peter Schweizer’s explosive revelation that 80 percent of the Department of Energy’s $20.5 billion in green energy loans went to President Barack Obama’s fundraisers and donors, CBS News is now reporting that the Obama Administration spent
On Friday, Reps. Howard McKeon (R-CA) and Elton Gallegly (R-CA) were named as recipients of discounted mortgage loans from the now-defunct Countrywide Financial Corp., previously the nation’s largest mortgage lender before being bought out by Bank of America. Reps. McKeon
At an event Wednesday in Rock Hill, South Carolina, former Speaker of the House Newt Gingrich drew applause from the crowd when he called the congressional insider trading scandal uncovered by Breitbart editor Peter Schweizer and a report by 60
In a rare Pentagon appearance, President Barack Obama announced his historic decision to drastically cut the number of soldiers and Marines by 100,000. Mr. Obama went on to say that despite his plan to significantly downsize troop levels and cut
Continuing his fight against costly food stamp fraud and abuse, Ranking Member of the Senate Budget Committee Sen. Jeff Sessions (R-AL) has sent a letter to Secretary of Agriculture Tom Vilsack requesting an immediate explanation of the USDA’s oversight procedures
In a rare Pentagon appearance, President Barack Obama announced his historic decision to drastically cut the number of soldiers and Marines by 100,000. Mr. Obama went on to say that despite his plan to significantly downsize troop levels and cut
In an editorial board interview with Breitbart.com, Rick Tyler, a former spokesman for Newt Gingrich and current senior adviser to Mr. Gingrich’s Winning Our Future Super PAC, told Editor-in-Chief Joel Pollak he was unsure whether the Gingrich Super PAC would
With less than a month to go before President Obama is required by law to submit a budget to Congress (February 6th), Mr. Obama’s decision today to make Jack Lew White House chief of staff leaves deputy director of the
President Obama’s decision today to replace White House chief of staff William Daley with the director of the Office of Management and Budget Jack Lew is raising eyebrows on Capitol Hill as Washington watchers recall Mr. Lew’s past statements. On
In the battle to dodge Obamacare’s costly requirements, Big Labor–one of President Obama’s biggest backers and a strong support of Mr. Obama’s healthcare overhaul–is winning. Big time. As Paul Conner of the Daily Caller reports: Documents released in a classic
Unveiling what may become a central theme of his presidential campaign, Gov. Mitt Romney on Thursday blasted President Barack Obama’s controversial decision to circumnavigate congressional approval of his three appointments to the National Labor Relations Board (NLRB) as yet another
An online petition to ban congressional insider trading has collected 4,488 online signatures. The petition was started by Rick Smith, a financial writer for the popular investing website The Motley Fool. For years, Mr. Smith has been championing legislation that
Gov. Rick Perry is making a ban on congressional insider trading a central theme of his presidential campaign. In an op-ed published yesterday with RedState.com, Gov. Perry wrote: Earlier this week, the Chicago Tribune ran a little noted editorial on
The Chicago Tribune editorial page believes that legislative efforts to ban congressional insider trading, such as the STOCK (Stop Trading On Congressional Knowledge) Act, are simply an exercise in “damage control” and “window dressing” to shield Rep. Spencer Bachus (R-AL)
When the House and Senate go back into session on January 17th and January 23rd respectively, shortly thereafter the Congress is expected to take up the issue of raising the nation’s debt ceiling from $15.2 trillion to $16.4 trillion, an
As the Tea Party looks to codify and push its 2012 legislative and electoral agendas, a recent editorial by the Washington Examiner argues that the Tea Party would do well to make combating congressional insider trading its marquee legislative issue.
The 25 richest members of Congress and the 25 “poorest” members of Congress break fairly evenly along partisan lines, according to an analysis by the Center for Responsive Politics. Of the top 25 wealthiest members of Congress, 13 were Republicans
President Barack Obama’s campaign manager Jim Messina sent out an official reelection campaign video wherein he said talk of Mr. Obama having a billion dollar campaign war chest is “bullsh*t” because “we don’t take PAC money unlike our opponents. We
The same man who oversaw MF Global’s $1.2 billion in missing funds, Bradley I. Abelow, is also currently listed on the Environmental Protection Agency’s website as the current chairman of the EPA’s Financial Advisory Board. From the Washington Times: During
Rep. Sean Duffy (R-WI) may be a freshman member of Congress, but his recent introduction of the RESTRICT (Restoring Ethical Standards, Transparency, and Responsibility in Congressional Trading) Act (H.R. 3550) to end congressional insider trading reveals a degree of legislative
In a report today on the growing wealth gap between members of Congress and the constituents they represent, the New York Times credited Breitbart News editor Peter Schweizer as being partly responsible for having ignited “renewed attention” to banning elected