From Big Government:
The bill spearheaded by Breitbart editor Peter Schweizer banning members of Congress from using nonpublic information to profit their personal investments may hit a wall in the form of Sen. Harry Reid (D-NV).
On Monday, Mr. Reid indicated that he may simply accept the watered down version of the STOCK (Stop Trading On Congressional Knowledge) Act passed by the House instead of sending the bill to a conference committee to hammer out the significant differences between the House and Senate versions of the bill.
“There is a decent chance that we will just take the House bill. That would be the path of least resistance. Reopening the debate would be complicated and controversial.”
According to Mr. Reid, the “path of least resistance” would allow him to avert procedural hurdles which he sees as cumbersome.
“To get to conference,” Mr. Reid said, “I’ll have to have three cloture votes. And that’s always difficult. I hope we can get consent to move forward on it. At this stage, we don’t have that.”
It’s just too difficult to hold ourselves accountable.
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