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 ...
Comments (2)
Matt Bucher via Texas Tribune on Facebook
McCaul not actually a coporate puppet claims man behind Clear Channel curtain.
Dale Curry
You just do not get to be the second richest man in Congress by playing by the rules. That being said, with this Congress the rules do not apply to them. As to Rick Perry campaigning against insider trading is the very essence of hypocrisy. This from a man who invented "Crony Capitalism".