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Brian Fitzpatrick: “The whole point is if you have currency, no matter what the…”

Featuring: Brian Fitzpatrick, Republican | U.S. House Pennsylvania, 1st Congressional District

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Bipartisan duo look to 'tackle corruption' with bill banning insider trading by government officials

Published | Video Starts at 06:03

We have to encapsulate all of that. That's why we need to make sure that this is a living and breathing concept. The whole point is if you have currency, no matter what the form is, and you are using inside information to trade on that, it's got to be precluded. And you know, there is already a law called the Stock act that exists. There's been lawmakers who have violated Ben slapped with penalties before, but no one's ever been prosecuted. (06:03–06:12)

CLAIM

Asserts that trading any form of currency using insider information should be prohibited.

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