Congressman Lamar Smith (R-TX) is among the few members of Congress who have not embraced or cosponsored the STOCK Act, a measure to curb insider trading by lawmakers and some federal officials. Smith’s hesitance to back the legislation may relate to his own history of investment. According to records reviewed by Republic Report, Smith, who
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We know from a front-page New York Times story that Mitt Romney thinks the world of for-profit colleges, especially one school whose executives have contributed money to the Romney campaign and Super PAC. But a key for-profit college trade group, APSCU, probably just ensured it will also enjoy warm relations in the event of a
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  For-profit colleges continue their effort to avoid accountability for high-cost, low-quality programs, programs paid for by U.S. taxpayers and struggling students. They have spent big money on lobbying, public relations, and campaign contributions – and have engaged in some highly questionable tactics. Now a Washington DC political consultant and the Washington Post have double-teamed
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As the New York Times reports today, on the campaign trail Mitt Romney has been praising for-profit educational institutions – colleges and trade schools that operate as business corporations rather than nonprofits or state institutions. Romney said at an Iowa event in November that such schools give students lower-cost alternatives to traditional colleges. At a December town
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