Welcome to Industry Focus.

The podcast it dives into a different sector of the stock market every day.

I'm your host Vincent Shen and it is Thursday, March 23rd.

We are pre-recording next week's March 28th episode as Fool.com contributor Seth

McNew happened to be in town this week and I couldn't resist inviting him of course

to full headquarters so we can spend some time in the studio together.

Seth, welcome back man.

Thanks, it's great to be back.

I understand that you flew in from San Francisco this week to Rob elbows with some power

players in Washington DC.

So what's the story there?

Yeah, yeah, you might say that.

I got to write an article last week about this new bill that was introduced to Congress

called the Fit Act, which is for personal health investment today. And pretty much the idea of the Fit Act, which is for personal health investment today.

And pretty much the idea of the Fit Act is that they're trying to make it

so that Fitness Gear or Preventative Sports kind of gear would be a tax write-off pretty much through an HSA.

So what this event was in Congress is the association that's put this forward called

the Sports and Fitness Industry Association had kind of brought some

athletes and other business people as lobbyists.

So we were sitting in these meetings with senators just kind of telling them why the bill should be passed.

Of course I was kind of just a fly on the wall in the back as these different people are lobbying.

So the core idea here is you can get a health monitoring ban for example, pay for that through

...