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On Wednesday, both ABC World News Tonight and CBS Evening News ignored a report that Democrat House Speaker Nancy Pelosi has finally been dragged kicking and screaming to support a ban on stock trading by members of Congress. After ignoring the story for four weeks, NBC Nightly News was the only one of the three broadcast networks to cover this story.
(Video forthcoming)
Instead of reporting on the proposed ban, both ABC and CBS wasted airtime on topics like a water main break in Philadelphia and other local stories that would be better suited for local newscasts by their affiliates in the area where these incidents occurred.
NBC led off their report with correspondent Tom Costello on the “rare bipartisan support to prohibit lawmakers from owning any individual stocks.” He went on to explain that “while insider trading is already illegal, lawmakers have still profited from background briefings or legislation […]
Read the rest of this story here: www.newsbusters.org
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