Political Quotes

“I ask unanimous consent to bring up a modified version of amendment No. 1481. The PRESIDING OFFICER. Is there objection? Without objection, it is so ordered. The amendment is as follows: At the end of the amendment, insert the following: SEC. ___. PUTTING THE PEOPLE'S INTERESTS FIRST ACT OF 2012. (a) Short Title.--This section may be cited as the ``Putting the People's Interests First Act of 2012''. (b) In General.--A covered person shall be prohibited from holding and shall divest themselves of any covered investment that is directly, reasonably, and foreseeably affected by the official actions of such covered person, to avoid any conflict of interest, or the appearance thereof. Any divestiture shall occur within a reasonable period of time. (c) Definitions.--In this section: (1) Securities.--The term ``securities'' has the same meaning as in section 3 of the Securities Exchange Act of 1934 (15 U.S.C. 78c). (2) Covered person.--The term ``covered person'' means a Member, officer, or employee of the Senate, their spouse, and their dependents. (3) Covered investment.--The term ``covered investment'' means investment in securities in any company, any comparable economic interest acquired through synthetic means such as the use of derivatives, or short selling any publicly traded securities.…”