[Congressional Record (Bound Edition), Volume 158 (2012), Part 1]
[House]
[Page 1212]
[From the U.S. Government Publishing Office, www.gpo.gov]




                               STOCK ACT

  (Ms. HOCHUL asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. HOCHUL. Madam Speaker, just a minute ago we heard our chaplain 
beseech us to be open to the hearts and minds of the people we 
represent. That is exactly why, today, we need to pass the STOCK Act to 
stop insider trading on congressional knowledge. This has waited too 
long, Madam Speaker.
  My colleague from upstate New York, Louise Slaughter, has led the 
charge for this for 6 years. It is now time for us to take action--and 
not a watered-down version. We need to stop the insidious practice of 
insider trading, giving Members of this body an unfair advantage over 
Americans who sent us here to represent them. This practice must stop.
  I'm calling on all of my colleagues and calling on the leadership to 
give us a bill we can support, put an end to this insidious practice, 
and let us begin the long process of restoring the faith of the 
American people in this institution.

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