Shine the Light

March 24, 2008, 12 a.m.

Democratic Reps. Brian Baird (Wash.) and Louise Slaughter (N.Y.) are retooling their effort to impose some rules on the booming but shadowy political intelligence industry. The pair have had little luck pushing a proposal aimed at banning what some call the last legal form of insider trading: buying and selling stocks based on nonpublic Congressional information that has the power to move the markets.

Schumer Advocates for Many on Panel

Nov. 16, 12 a.m.

As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article