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Cedric Richmond on Government Reform

 

 


Let's be frank with American people about coronavirus

We met with Operation Warp Speed, and we're getting up to date, but we still have more information to get from them and more information about their distribution plan. The one thing about President-elect Biden is that he is honest and he's transparent. What we don't want to do is mislead the American public - overpromise and under deliver. We are being as cautious as we can in our estimates of numbers to make sure that we are being frank and honest with the American people.
Source: Face the Nation on 2021 O.P.E. Confirmation Hearings , Dec 13, 2020

Ban stock trading based on Congressional insider knowledge.

Richmond 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.

Bill explanation (ProCon.org, "Insider Trading by Congress", Feb. 3, 2012):

Source: H1148/S1871 11-S1871 on Nov 15, 2011

Require full disclosure of independent campaign expenditures.

Richmond co-sponsored DISCLOSE Act

Congressional Summary:

Wikipedia & OnTheIssue Summary: