FOR IMMEDIATE RELEASE Contact: Brian Baluta (202) 225-6155
October 24, 2011
Today, Congressman Mark Amodei (NV-2) issued the following statement:
"I'm happy that the President has changed his mind about the propriety of visiting Las Vegas, but with all due respect, between his harmful comments about our tourism industry in 2009 and 2010 and the continued failure of his economic policies, I think he's done enough already for Nevada.
"When the President and his party controlled Washington, they could have done anything that they wanted to encourage economic growth and address the mortgage crisis. Instead they drove up record debt, squandered taxpayer dollars on bailouts for politically-connected companies, and froze job-creation with harmful regulations like Obama-care and Dodd-Frank.
"Now, with bipartisan opposition to the President's economic plan, he wants to bypass Congress in order to advance more misguided policy. Such a move ignores the basic message that was sent with my election in September and the turnover of the House last November: Nevadans and the American people don't want more of a political agenda. They want results on the ground."
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IMMEDIATE RELEASE Contact: Brian Baluta (202) 225-6155
February 9, 2011
WASHINGTON, D.C. --Congressman Mark Amodei (NV-2) today voted in favor of the Stop Trading on Congressional Knowledge (STOCK) Act, which passed the House 417 to 2. The bill would affirm that members of Congress and employees are not exempt from the insider trading prohibitions of the Securities Exchange Act of 1934.
Congressman Amodei: "According to Thomas Jefferson, 'When governments fear the people, there is liberty. When the people fear the government, there is tyranny.' The American people are very skeptical of their government and rightly so.
"I think it's vital that the federal government takes steps to be more transparent and accountable to the American people. We are not above the law, everyone must play by the same rules, and that is our moral and Constitutional obligation to uphold."
The legislation would require disclosure and reporting requirements for members of Congress and employees of the House for investment transactions of more than $1,000. It would deny government pensions to those convicted of a felony, adds a new requirement for members to report mortgages on personal residences on their annual disclosures, and prevents members and senior staff from getting special treatment to participate in initial public offerings (IPOs).
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