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House panel subpoenaed in insider trading probe

Prosecutors have issued subpoenas in an investigation into whether congressional staff tipped stock traders to a change in health-care policy, The Wall Street Journal reports.

Win McNamee | Getty Images

Federal investigators are seeking records and other evidence from the House Ways and Means Committee and from Brian Sutter, staff director of the committee's health-care subpanel, the newspaper said.

It cited public documents made public by Rep. David Camp, R-Mich. chairman of the committee, and by Sutter himself.

Sutter's disclosure said the Justice Department issued a subpoena to compel him to testify before a federal grand jury. The newspaper said a spokesman for the committee declined to comment on behalf of Sutter.

Read the full story here.

By CNBC

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