Congress looks to ban lawmaker stock trading in Stock Act hearing

We've got a formal debate on Capitol Hill this week around lawmaker stock trading for the first time in years. That's because the House's administration committee is holding a hearing on the stock act. What the rules are right now is that lawmakers can trade as much as they want as long as they disclose those trades within 30 days and comply with insider trading laws.There's a lot of folks who say this is just woefully insufficient, especially after years where we've seen scandal after scandal after scandal ...