And insider-trading cases are very hard to win. It does nothing to close the sweetheart deals involving IPO shares that can make politicians more money in one day than a bribe ever could. It deals only with publicly traded stock, not equity buys in private companies. But let’s be clear: it alone doesn’t go nearly far enough to deal with the problems of cronyism and corruption that we face. The STOCK Act makes congressional insider-trading illegal.

The passage of the STOCK Act in the Senate is just the first battlefield victory in this war for reform. Schweizer wrote about that bill in a piece for The Daily Beast: Schweizer’s 2011 book, Throw Them All Out: How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison, helped lead to Congress passing the STOCK Act of 2012. The author reports on several current members of the House and Senate who, according to the author, have affected votes on bills or gathered information from briefings to benefit their financial portfolio. ‘Clinton Cash’ Was Shared With Investigative Journalist to Give It ‘Additional Scrutiny’īookTV: Peter Schweizer, 'Throw Them All Out' Peter Schweizer contends that members of Congress profit from insider trading and use their political influence for their own financial gain. Some of these transactions have put millions in their own pockets,” Schweizer writers, according to CNN.ġ. “During Hillary’s years of public service, the Clintons have conducted or facilitated hundreds of large transactions (with foreign entities). He also alleges that foreign interests, including governments and businesses, helped make the Clintons rich. policy decisions benefiting those providing the funds.”

According to CNN, Schweizer says his book uncovers, “a pattern of financial transactions involving the Clintons that occurred contemporaneous with favorable U.S. The book is set to be released May 5, but many of its key revelations about the Clintons have been reported in advance by multiple media outlets. Schweizer is the author of several books on politics and politicians, including Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets, and Throw Them All Out: How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison. Author Peter Schweizer has shaken up the political world and the 2016 presidential race with his new book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich.

Clinton Cash by Peter Schweizer