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“60 Minutes” Exposes Congressional Lawmakers’ Insider Trading

 

Rep. Nancy Pelosi

Members of Congress can legally make trades on non-public information they obtain during their official duties, CBS News’ ’60 Minutes’ reported on Sunday night.

Branded ‘honest graft,’ lawmakers can use market-moving information that they learn in congressional committees to trade on the stock market — actions that likely would carry stiff jail and civil penalties if they did not hold public office.

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