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Congress Insider Trading - Mask-less Gov. Kate Brown

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Published on 16 Dec 2021 / In News and Politics

Nancy Pelosi Is Wrong About Trading Stocks in Congress

On Wednesday, as President Biden’s agenda faltered again in the Senate, Speaker of the House Nancy Pelosi came out swinging. Not against Joe Manchin, or the business interests he mollifies, but against a ban on members of Congress being able to trade stocks. “This is a free market, and people — we are a free market economy. They should be able to participate in that,” she told an Insider reporter after a recent investigation by the publication found that “49 members of Congress and 182 senior congressional staffers have violated the STOCK Act, a law to prevent insider trading.”

https://www.msn.com/en-us/news/politics/nancy-pelosi-is-wrong-about-trading-stocks-in-congress/ar-AARQWTJ


Congress and the Insider Trading Prohibition Act: “Can’t Anybody Here Play This Game?”

Last week, the House of Representatives passed the “Insider Trading Prohibition Act” (“ITPA”).[1] Proponents are hailing it as a triumph of bipartisan cooperation. Conversely, critics are calling it the “Insider Trading Protection Act.” This is because the bill codifies in statutory law the “personal benefit” requirement under which the tippee can only be convicted if that person paid or promised some benefit (tangible or even intangible and reputational) to the tipper. That requirement had resulted in many convictions being overturned (and even more prosecutions probably not being commenced in the first place). In the Second Circuit, this doctrine had led prosecutors to turn to other statutes: chiefly, wire fraud and a special securities fraud statute (18 U.S.C. Section 1348) to outflank it. Seemingly, this approach has worked, as in Blaszczak v. United States[2] a Second Circuit panel agreed that “personal benefit” was not a necessary element for either a wire fraud or Section 1348 conviction.[3]

https://clsbluesky.law.columbia.edu/2021/05/25/congress-and-the-insider-trading-prohibition-act-cant-anybody-here-play-this-game/


National Finals Rodeo 2021 - Las Vegas

If you've never been to the Wrangler National Finals Rodeo (NFR) in Las Vegas, this is an event you must attend, at least once in a lifetime. The Wrangler NFR will return to the Thomas & Mack Center, Dec. 2 – 11, 2021 and will mark the 36th year for the Wrangler NFR to be held in Las Vegas.

For 10 days in December the National Finals Rodeo (NFR) transforms the look and feel of Las Vegas in a spectacular way. Each year, thousands of rodeo enthusiasts decked out in Wrangler jeans, cowboy boots and outsized hats stroll up and down the Vegas strip, and fill Las Vegas hotel lobbies, casinos, showrooms and restaurants. You don't have to be a cowboy or cowgirl to have the time of your life. However the National Finals Rodeo might just make a cowboy out of you after 10 days of competition and entertainment.

https://www.lasvegashowto.com/nfr-in-las-vegas


Oregon Gov. Kate Brown criticized over maskless photos at D.C. gala while maintaining indoor mask mandate at home

Gov. Kate Brown is taking heat on social media after being spotted maskless at an event in Washington, D.C., while maintaining her controversial indoor mask mandate at home.

Brown was in the nation’s capital Saturday for the 30th anniversary gala of the Victory Fund, a national organization dedicated to electing LGBTQ candidates to public office. Brown, a bisexual and the first openly LGBTQ governor, was inducted into the organization’s hall of fame at the event.

https://www.oregonlive.com/politics/2021/12/governor-criticized-over-maskless-photos-at-dc-gala-while-maintaining-indoor-mask-mandate-at-home.html


Trudeau reduces sentence for serious gun crimes

On Tuesday, Prime Minister Justin Trudeau promised to crack down on gun crime, then on Thursday his government introduced legislation to reduce sentences for serious gun crimes including weapons trafficking and importing.

https://torontosun.com/opinion/columnists/lilley-trudeau-reduces-sentence-for-serious-gun-crimes

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