Senate Passes Jobs, Insider-Trading Measures; Rare Display of Bipartisanship Breaks Gridlock
Byline: Sean Lengell, THE WASHINGTON TIMES
In a rare burst of activity, the Senate broke through its gridlock rut Thursday and passed two bipartisan measures aimed at cutting red tape for small businesses and explicitly banning insider stock trading for members of Congress.
The Democrat-controlled Senate voted 73-26 to pass the House Republicans' Jobs Act, which is designed to give small businesses better access to capital by easing some Securities and Exchange Commission regulations.
Immediately afterward, the Senate, in an unusual move, passed by a verbal unanimous consent a bill that prohibits members of Congress and other federal workers from profiting …
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Publication information: Article title: Senate Passes Jobs, Insider-Trading Measures; Rare Display of Bipartisanship Breaks Gridlock. Contributors: Not available. Newspaper title: The Washington Times (Washington, DC). Publication date: March 23, 2012. Page number: A03. © 2009 The Washington Times LLC. COPYRIGHT 2012 Gale Group.
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