Rep. Louise Slaughter, D-Fairport, since 2006 has co-sponsored a bill that would prohibit members of Congress from using inside information they obtain through the course of their Capitol Hill work to enrich their investment portfolio. Only nine of her colleagues showed any interest before Sunday, when CBS’ 60 Minutes raised questions about why there are laws against using inside information from corporations but there aren’t laws against using legislative information to inform stock trades. As of Wednesday, the list of co-sponsors for the Stop Trading on Congressional Knowledge Act had grown to 48 House members, including six Republicans, Slaughter said.
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