All posts tagged "Pogo"

For 12 years, Sen. Jeff Merkley (D-OR) has pushed for a ban on congressional stock trading, calling the practice “corrupt,” “unacceptable” and “wrong.”

The first time he and Sen. Sherrod Brown (D-OH) presented an amendment in 2012 that would prohibit members of Congress from playing the stock market, they only got 26 votes in support.

Now, Merkley is confident an amended version of the Ending Trading and Holdings in Congressional Stocks (ETHICS) Act has enough bipartisan support that it will come out of a markup meeting with the Senate Committee on Homeland Security and Governmental Affairs on Wednesday with the votes necessary to present the amendment for a vote....

WASHINGTON — Sen. Tommy Tuberville (R-AL) recently purchased up to $250,000 worth of stock in telecommunications technology company Qualcomm Inc., a federal defense contractor, while serving on the U.S. Senate Committee on Armed Services and actively blocking hundreds of military nominations and promotions, new congressional financial disclosures indicate.

Qualcomm and its subsidiaries have been the recipient of several dozen defense and homeland security contracts during the past two decades, according to federal contracting records reviewed by Raw Story.

Among these is a Department of the Army contract with Qualcomm Intelligent Solutions, worth nearly $11.7 million with the possibility of growing to $30.4 million, related to a government program exploring "innovative, energy-efficient, and reliable computer architectures that can address the intelligence community’s large-scale data-analytic applications."...

WASHINGTON — An American firm providing security at the US embassy in Afghanistan has paid $7.5 million to settle claims its guards visited brothels in Kabul with the knowledge of company officials, the Justice Department said Thursday.

'I have no idea why they have a gun like this,' watchdog investigator says