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Tx4obama

(36,974 posts)
Tue Jan 31, 2012, 03:02 AM Jan 2012

The Senate voted on CLOTURE for The STOCK Act Monday evening. Vote: 93 yeas, 2 nays


Measure Title: An original bill to prohibit Members of Congress and employees of Congress from using nonpublic information derived from their official positions for personal benefit, and for other purposes.

Vote Counts:

YEAs 93
NAYs 2
Not Voting 5

Roll call here: http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=112&session=2&vote=00003


Edited to add...

VIDEO of Lawrence O'Donnell's segment regarding The Stock Act and today's vote: http://www.msnbc.msn.com/id/3096434/#46198640


14 replies = new reply since forum marked as read
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The Senate voted on CLOTURE for The STOCK Act Monday evening. Vote: 93 yeas, 2 nays (Original Post) Tx4obama Jan 2012 OP
OP updated with VIDEO link. n/t Tx4obama Jan 2012 #1
Richard Burr and Tom Coburn think they should be allowed to use their positions for insider trading? Incitatus Jan 2012 #2
Well, it's great news. CaliforniaPeggy Jan 2012 #3
Easy, they just don't trade in their name. Incitatus Jan 2012 #6
Who was filibustering? WillowTree Jan 2012 #4
I don't know for sure, but .... Tx4obama Jan 2012 #5
Republicans are saying there wasn't an objection and that Reid hadn't needed to file for cloture Tx4obama Jan 2012 #7
To limit the debate, maybe? I mean, really--what's there to talk about? MADem Jan 2012 #9
Reid probably filed for cloture as an editorial comment... jmowreader Jan 2012 #12
Well, now we move forward. We're no where near done, yet, though. nt MADem Jan 2012 #8
The Obama bully pulpit works Cali_Democrat Jan 2012 #10
The only question that remains is ... Tx4obama Jan 2012 #11
I'm going to laugh so hard... ellisonz Jan 2012 #13
DR Found in Yonkers Jan 2012 #14

Incitatus

(5,317 posts)
2. Richard Burr and Tom Coburn think they should be allowed to use their positions for insider trading?
Tue Jan 31, 2012, 03:19 AM
Jan 2012

Why would they vote against this when the level of support was obvious?

CaliforniaPeggy

(149,635 posts)
3. Well, it's great news.
Tue Jan 31, 2012, 03:19 AM
Jan 2012

I must be getting cynical...

I keep thinking that somehow, someone will figure out a way around this...

Incitatus

(5,317 posts)
6. Easy, they just don't trade in their name.
Tue Jan 31, 2012, 03:27 AM
Jan 2012

They can make recommendations to friends and family, or the managers of their so-called blind trusts.

Tx4obama

(36,974 posts)
5. I don't know for sure, but ....
Tue Jan 31, 2012, 03:27 AM
Jan 2012

Senator Richard Burr (R-NC) and Senator Tom Coburn (R-OK) voted against against cloture so my guess is that it was one of them.


A Democrat and a Republican introduced the bill
SNIP
The STOCK Act, authored by Sens. Kirsten Gillibrand (D-N.Y.) and Scott Brown (R-Mass.), would ban trading by members of Congress guided by nonpublic economic or political information. It would also improve disclosures of all stock trades and other financial maneuvers by members of Congress, by requiring them to publicly detail each transaction within 30 days. Lawmakers are currently granted a full year of secrecy before disclosing such financial activities. ...
SNIP
http://www.huffingtonpost.com/2012/01/26/stock-act-insider-trading-bill-senate_n_1234067.html

Tx4obama

(36,974 posts)
7. Republicans are saying there wasn't an objection and that Reid hadn't needed to file for cloture
Tue Jan 31, 2012, 03:34 AM
Jan 2012

Here: http://thehill.com/blogs/floor-action/senate/207423-reid-republicans-are-trying-to-stop-the-stock-act

Hmm, seems strange that Sen Reid would have filed for cloture if there wasn't an objection first.

MADem

(135,425 posts)
9. To limit the debate, maybe? I mean, really--what's there to talk about?
Tue Jan 31, 2012, 03:40 AM
Jan 2012

Sure looks like someone was making trouble....

Reid filed for cloture before adjourning the Senate on Friday, which would generally indicate that at least one senator had objected to allowing Democratic leadership to bring the bill to the floor for debate. Reid's move set up the 5:30 p.m. vote for Monday which could allow the legislation on the Senate floor.

jmowreader

(50,559 posts)
12. Reid probably filed for cloture as an editorial comment...
Tue Jan 31, 2012, 03:46 AM
Jan 2012

Since you have to file for cloture on everything these days, Reid probably filed for cloture on a bill Repukes liked just to show how stupid it's gotten in there.

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