• 0 Posts
  • 11 Comments
Joined 1 year ago
cake
Cake day: July 7th, 2023

help-circle






  • The standard fine for violating the STOCK Act is $200, but frequently the House Committee on Ethics and the Senate Select Committee on Ethics waive the fee.

    Craig Holman, a Capitol Hill lobbyist on ethics and campaign finance rules for nonprofit Public Citizen, said the fee is one of two reasons why the STOCK Act is frequently violated.

    “The penalty is so minimal that these millionaire members of Congress really don’t care about it," Holman told Raw Story. “The second provision is the ethics committees are not really enforcing it or taking it seriously.”

    So basically this “law” is just a suggestion.