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Where money and politics meet, Rep Lois Frankel just keeps coming out ahead

Lois Frankel, chairwoman of the Democratic Women’s Caucus, sold her shares of First Republic Bank just before the bank’s stock collapsed on the way to being closed by federal regulators. The Daily Caller’s James Lynch reported this on May 1, and it seemed to spur a bipartisan group of younger lawmakers to introduce another bill banning stock trades by sitting members of Congress.

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