everybody knows that peter schweitzer's a good guy. you have created a firestorm on the hill that has caused them to react. there's multiple pieces of legislation that are being pushed in an emergency fashion, there are hearings that are going on right thousand, and there's one elephant in the room, and that is the fact that peter schweitzer has not been asked to testify. >> right. >> and the reason why is because you are the reporter who has named names and said the reason why this team isn't working well is because our pitcher is juiced up. or something like that. [laughter] and that's what -- and the problem is there's, this is an incestuous town. they don't like that there are people down in tallahassee or in los angeles who are not part of this tiny little incestuous place. robert f. kennedy, you said his company spends all this money on marketing. i said, also, the marketing that comes with the kennedy brand, the marketing that comes with him having charity ski events where bob woodward of abc spends his time at an environmental

this goes back just to last fall a boo andk early winter a book appeard by an author named peter schweitzer who was then interviewed on 60 minutes andt made allegations that some members of congress and theireda staff have used information gained on the job to enrichticul themselves with timely investments particularly in the stock market. those allegations, as washington might have said, certainly tried the springs of trust that we people even more than they already are. so mr. president, today i'm proud to rise to bring beforestn the senate the stock ads which they were stopped trading on thl congressional knowledge act of 2012. langu this piece of legislation put il language and reporting requirements that will make clear to the american people that we understand being a member of congress means we hava a responsibility to the public,f a public trust and that anyere member of congress or staffhat member here who violates that trust will be punished.originall original bill out of theaffa committee on homeland security r affairs on december 13th with a bipartisan vote of seven throop 02. i