Brian Baird: “If you don't provide some mechanism for that to happen in times of crisis... you are essentially potentially abdicating…”

It's clearly the intent of this legislation is to make sure the public knows if members of Congress are trading on nonpublic information and if spouses are excluded from that, you could just pass information on to your spouse or kids.

It defies common sense to believe that he somehow segregates the knowledge he gets in one committee hearing or a meeting with the secretary of the treasury.

There is indeed. If you look at what happened just last week, the Republican majority in the House of Representatives refused to pass the Disclose Act, a simple piece of legislation that would have said the large donors to these super PACs…

If we don't find some mechanism to disincentivize non-electoral interventions... we create an incentive for mayhem.