Are Members of Congress Ready to Admit That Insider Trading Rules Should Apply to Them, Too?

As a result of the stock transactions revealed in my new book “Throw Them All Out” and featured on “60 Minutes,” both the Senate Homeland Security and Governmental Affairs Committee and the House Financial Services Committee have been pushed to hold hearings on the subject of congressional insider trading.

Some of the individuals I have cited in the book as having engaged in stock deals serve on the very committees that will be conducting the hearings. That’s a little like asking a defendant to also be a juror at their own trial — an absurdity that could only happen in Washington.

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