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Stenberg: Beltway Insider Trading Must Stop; Challenges Bruning to Sell Interests in His Businesses

Nebraska U.S. Senate candidate, Don Stenberg, said today he supports legislation outlawing insider trading by Congress and challenged his opponent to sell his business interests acquired while serving in office.

PRLog - Feb. 2, 2012 - LINCOLN, Neb. -- Nebraska U.S. Senate candidate, Don Stenberg, said today that it’s time to rein in corruption in Washington and that he supports legislation that would outlaw insider trading by members of Congress and a constitutional amendment that would limit the time they could serve in office.  


“Congress has lost trust with the American people. They’ve grown weary of career politicians who place their own ambition above principle and honesty. Voters are fed up with lawmakers of both parties who get rich on the job while running up trillion dollar deficits, bankrupting our children and grandchildrens’ future,” Stenberg said.

“I support the Stop Trading on Congressional Knowledge Act that would ban insider trading by members of Congress and staffers,” Stenberg said.

“In addition, Congress should pass the DeMint Amendment that expresses support for a constitutional amendment limiting the terms of Senators and members of Congress. When elected officials spend too much time in Washington they lose touch with the American people. To reform Washington and discourage corruption we need to pass a term limits amendment to the Constitution,” he said.

Stenberg also challenged Attorney General Jon Bruning to join him in endorsing the bill and show good faith by selling his own business interests he has accumulated while serving as attorney general.  

“I believe Attorney General Jon Bruning should avoid any conflicts of interest and give Nebraskans confidence that he’s a full-time public servant by selling his interest in the 24 businesses he has acquired since becoming Attorney General,” Stenberg said.

“The American people are demanding transparency and a renewed honesty from our elected leaders. The public is tired of politicians who don’t know the difference between public service and personal gain. Nebraskans want a Senator who will put principle above political party and political ambition,” Stenberg said.

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Mr. Stenberg served as Nebraska Attorney General from 1990-2002 and was elected Nebraska State Treasurer in 2010. GOP U.S. Senate nominee in 2000 against Ben Nelson. Genuine, lifelong conservative. Supports 2nd Amendment, pro-life, balanced budget.


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Source:Stenberg for U.S. Senate
City/Town:Lincoln - Nebraska - United States
Tags:Stenberg, us senate, Jon Bruning, nebraska, conservative, liberal, insider trading, term limits
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