The Senate passed a bill Thursday to explicitly ban insider trading by members of Congress and the executive branch, and that means the Stop Trading on Congressional Knowledge Act is headed to the president's desk.
But this STOCK Act is quite a bit weaker than earlier versions.
The STOCK Act has been on a glide path ever since an explosive 60 Minutes story last fall highlighted the issue of members of Congress apparently profiting on nonpublic information.
NPR's Kathy Lohr Reports On "All Things Considered"
Saying his role as police chief has "become a distraction," Bill Lee Jr. announced he was stepping down temporarily.
The Sanford, Fla. police chief has been under fire for the way he has handled the investigation surrounding the shooting death of Trayvon Martin. Martin, who was unarmed, was shot by a a 28-year-old man, George Zimmerman, who claimed self defense.
During a news conference, today, Lee said that he stands by his police department, its personnel and the investigation that was conducted, but he was stepping down to "restore a semblance of calm to the city."
Originally published on Thu March 22, 2012 4:05 pm
AUDIE CORNISH, HOST:
These days, a darling of the tech and business world is Pinterest. It's a virtual scrapbooking site that allows users to organize photos, recipes, images they like and pin them to an online bulletin board. Nearly 18 million users logged in to the site last month alone. So when Kirsten Kowalski wrote a blog post wondering whether Pinterest users risk violating copyright laws, it went viral. Kowalski is a lawyer and photographer and Pinterest user herself.