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Alabama

Syrinx

(14,804 posts) Sat Feb 18, 2012, 05:18 AM Feb 2012

Bachus Starts Account to Pay for Ethics Fight

Rep. Spencer Bachus established a trust account earlier this week to pay for his legal fees, indicating that the Alabama Republican is preparing for what could be a protracted ethics probe.

A front-page story in last week’s Washington Post said the independent Office of Congressional Ethics was investigating the House Financial Services chairman for possible violations of existing insider-trading laws and House rules.

Bachus filed paperwork on Feb. 14 to establish the Spencer T. Bachus Legal Expense Trust to help defray the legal expenses associated with the probe.

http://www.rollcall.com/news/bachus_starts_account_to_pay_for_ethics_fight-212535-1.html