House GOP Blocks Its Own Member From Moving Anti-Insider Trading Bill: ‘We’re Not Going To Cover Spencer’s Ass’

House GOP Blocks Its Own Member From Moving Anti-Insider Trading Bill: ‘We’re Not Going To Cover Spencer’s Ass’: pLast month, a 60 Minutes investigation revealed that House Financial Services Chairman Spencer Bachus (R-AL) made stock trades based on information that he received in private briefings during the financial crisis of 2008. Bachus’ trades reportedly netted him around $30,000. Following the story, Congress suddenly found an interest in blocking its members from trading on [...]/p