During the 2008 financial crisis, U.S. lawmakers reconfiguredtheir financial portfolios after speaking with officials at theTreasury and the Fed, according to the Washington Post. Byexamining appointment calendars and congressional disclosure forms,the Post found 34 members of Congress made changes totheir investments after speaking with administration officials.
|Though congressional rules allow members of the House and Senateto make financial moves, legislators may have known more than thepublic about the state of the economy, and their decisions aslawmakers affect the market, ethics experts say.
|For the full story.
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