Reuters: Politics: Congress quietly repeals plan for Internet financial disclosures

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Congress quietly repeals plan for Internet financial disclosures Apr 12th 2013, 18:48 Tweet Share this Email Print Cherry trees are in full bloom in front of the U.S. Capitol in Washington April 10, 2013. Credit: Reuters/Yuri Gripas WASHINGTON | Fri Apr 12, 2013 2:48pm EDT WASHINGTON (Reuters) - The Congress on Friday voted to repeal a plan to require Internet posting of a vast database of financial disclosures from congressional staff and many executive branch employees required by a new ethics-in-government law. Neither chamber debated the measure, which amends the "STOCK Act," passed with great fanfare last year to prevent lawmakers, their staffs and other government officials from using insider knowledge about policymaking to profit from stock trades and other investments. The disclosures of potentially sensitive financial information were due to begin on Monday. (Reporting By David Lawder and Richard Cowan; editing by Christopher Wilson) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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