Honestly this is one of those "common sense" bills that should already be in the books:
Conservatives in the blogosphere found one small aspect of the president’s State of the Union address that they could praise: a bill banning insider trading by members of Congress.
“Send me a bill that bans insider trading by members of Congress and I will sign it tomorrow,” President Barack Obama said Tuesday night, to applause.
But perhaps conservatives should look to one of their own for stalling this legislation:
The Republican sponsor of the bill in the House, Financial Services Chairman Spencer Bachus of Alabama, had scheduled a markup of the Stop Trading on Congressional Knowledge (STOCK) Act for next week. But on Wednesday, Majority Leader Eric Cantor of Virginia cancelled the markup session.
Cantor reportedly said he blocked the bill to give Congress more time to examine the issue. Critics of the move, however, fear that any delay could kill the bill entirely.
Congress constantly passes bills on a whim, but for some reason Cantor wants this one to have time for extra scrutiny. Why is that? Perhaps it's so they kind find ways to sneak loopholes into it or something.
There's no reason a bill can't make it to the President's desk within the next few days, except for certain members of Congress don't want it. I say if they don't feel they shouldn't have to follow the same laws as the rest of us then it's time to remove them from office. We can start with Eric Cantor.