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Gerry Connolly on Government Reform
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Voted YES on Senate pay raise.
Congressional Summary:Makes appropriations to the Senate for FY2010 for:- expense allowances;
- representation allowances for the Majority and Minority Leaders;
- salaries of specified officers, employees, and committees (including the Committee on Appropriations);
- agency contributions for employee benefits;
- inquiries and investigations;
- the Senate Caucus on International Narcotics Control;
- the Offices of the Secretary and of the Sergeant at Arms and Doorkeeper of the Senate;
- miscellaneous items;
- the Senators' Official Personnel and Office Expense Account; and
- official mail costs.
Amends the Legislative Branch Appropriation Act of 1968 to increase by $50,000 the gross compensation paid all employees in the office of a Senator. Increases by $96,000 per year the aggregate amount authorized for the offices of the Majority and Minority Whip.Proponent's argument to vote Yes:Rep. WASSERMAN SCHULTZ (D, FL-20): We, as Members of
Congress, have responsibility not just for the institution, but for the staff that work for this institution, and to preserve the facilities that help support this institution. We have endeavored to do that responsibly, and I believe we have accomplished that goal.
Opponent's argument to vote No:Rep. SCALISE (R, LA-1): It's a sad day when someone attempts to cut spending in a bill that grows government by the size of 7%, and it's not allowed to be debated on this House floor. Some of their Members actually used the term "nonsense" and "foolishness" when describing our amendments to cut spending; they call that a delaying tactic. Well, I think Americans all across this country want more of those types of delaying tactics to slow down this runaway train of massive Federal spending. Every dollar we spend from today all the way through the end of this year is borrowed money. We don't have that money. We need to control what we're spending.
Reference: Legislative Branch Appropriations Act;
Bill HR2918&S1294
; vote number 2009-H413
on Jun 19, 2009
Member of House Committee on Oversight & Government Reform.
Connolly is a member of the House Committee on Oversight & Government Reform
The House Committee on Oversight and Government Reform's government-wide oversight jurisdiction and expanded legislative authority make it one of the most influential and powerful committees in the House. The Committee serves as Congress' chief investigative and oversight committee. The chairman of the committee is the only committee chairman in the House with the authority to issue subpoenas without a committee vote.
| Subcommittee | Chair | Ranking Member |
|---|
| Federal Workforce, U.S. Postal Service and Labor Policy Dennis A. Ross (R-FL) Stephen Lynch (D-MA) |
| Government Organization, Efficiency and Financial Management | Todd Platts (R-PA) | Ed Towns (D-NY) |
| Health Care, District of Columbia, Census and the National Archives |
Trey Gowdy (R-SC) | Danny K. Davis (D-IL) |
| National Security, Homeland Defense and Foreign Operations | Jason Chaffetz (R-UT) | John F. Tierney (D-MA) |
| Regulatory Affairs, Stimulus Oversight and Government Spending | Jim Jordan (R-OH) | Dennis Kucinich (D-OH) |
| TARP, Financial Services and Bailouts of Public and Private Programs | Patrick McHenry (R-NC) | Michael Quigley (D-IL) |
| Technology, Information Policy, Intergovernmental Relations and Procurement Reform | James Lankford (R-OK) | Gerry Connolly (D-VA) |
Source: U.S. House of Representatives website, www.house.gov 11-HC-OGR on Feb 3, 2011
Ban stock trading based on Congressional insider knowledge.
Connolly co-sponsored STOCK Act
Congressional Summary:Stop Trading on Congressional Knowledge Act (STOCK Act): Amends the Securities Exchange Act and the Commodity Exchange Act to prohibit purchase or sale of either securities or commodities by a person in possession of material nonpublic information regarding pending or prospective legislative action.
- Amends the Ethics in Government Act to require formal disclosure of certain securities and commodities futures transactions.
- Amends the Lobbying Disclosure Act to subject to its registration, reporting, and disclosure requirements all political intelligence activities, contacts, firms, and consultants.
Bill explanation (ProCon.org, "Insider Trading by Congress", Feb. 3, 2012):
- On Mar. 17, 2011, Tim Walz (D-MN) introduced the STOCK Act where it gained nine co-sponsors by Nov. 4, 2011.
- On Nov. 13, 2011, the TV show "60 Minutes" reported that several members of
Congress allegedly used insider information for personal gain. The STOCK Act received 84 additional House co-sponsors in the five days following the report, and Scott Brown (R-MA) filed the STOCK Act in the Senate on Nov. 15, 2011. Kirsten Gillibrand (D-NY) also filed a variation of the STOCK Act in the Senate on Nov. 17, 2011.
- On Jan. 24, 2012, in his State of the Union Address, President Obama said "Send me a bill that bans insider trading by members of Congress, and I will sign it tomorrow."
- Immediately after the speech, Senate Majority Leader Harry Reid (D-NV) told reporters, "I think people should have enough sense not to do it [insider trading] without legislation, but I will support legislation."
- On Feb. 2, 2012, a revised version of the STOCK Act passed in the Senate by a vote of 96-3 with Senators Richard Burr (R-NC), Tom Coburn (R-OK), and Jeff Bingaman (D-NM) dissenting.
Source: H1148/S1871 11-S1871 on Nov 15, 2011
Page last updated: Apr 09, 2013
