American Morning
Are Washington lawmakers getting rich with insider trading? Business Insider's Henry Blodget on how big the problem is
Some in Washington are accused of getting rich by doing things that would get you in some serious trouble.
Hedge funds are reportedly setting up meetings with lawmakers to discuss legislation. They're then trading on that information that you don't have access to. And they're making a lot of money. From the outside, this certainly looks a lot like insider trading.
This morning on American Morning, Business Insider founder and former sock analyst Henry Blodget explains how prevalent this practice is and what is being done to stop it.
CNN/ORC poll: Most Americans don't believe their own members of Congress deserve re-election
According to a new CNN/ORC poll, for the first time ever, seventy percent of Americans don't believe that their own members of Congress deserve reelection.
In addition, most of this anger is directed towards the GOP, with 59% of the population holding an unfavorable view of the Republican party, an all-time high since the question was first asked in 1992.
Ron Brownstein, CNN political analyst, joins Carol Costello and Christine Romans on American Morning today to discuss these statistics and to weigh in on what lawmakers need to do to improve their image in voters' eyes.
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