Law requiring Internet posting of executive branch employees’ financial information delayed

On Dec. 7, President Barack Obama signed legislation to delay implementation of the STOCK (Stop Trading on Congressional Knowledge) Act, which would require Internet posting of the annual financial interest forms for 28,000 executive branch employees. A law, WUSTL Congressional ethics expert Kathleen Clark says, that will not prevent Congressional insider trading.

Issa latest example in long history of using Congressional Record to introduce confidential information, ethics expert says

News reports indicate that Rep. Darrell Issa (D-Calif.), chairman of the House Committee on Oversight and Reform, dropped confidential information from a Justice Department wiretap application into the Congressional Record last week. “While the executive branch sometimes seeks civil or criminal penalties against those who reveal confidential information, it cannot seek such penalties against Issa because the speech or debate clause of the constitution protects members of Congress when they expose sensitive information in the Congressional Record,” says Kathleen Clark, JD, government ethics expert and professor of law at Washington University in St. Louis.