McCaul Family's Pipeline Holdings Stir Controversy

Legislation cracking down on insider trading by members of Congress hasn’t landed on the floor of the U.S. House yet, but it’s already become a political football in Congressional District 10.

That’s because the Democrat who wants that seat, international affairs consultant Dan Grant, is alleging that incumbent Rep. Michael McCaul, R-Austin, is benefiting from lax ethics rules for U.S. representatives and senators — rules the pending U.S. STOCK Act would help strengthen.

McCaul says his opponent is flat wrong.

At the heart of the dispute is the McCaul family’s private interest in the ...

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