[Congressional Record (Bound Edition), Volume 158 (2012), Part 1]
[House]
[Page 1213]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         SUPPORT THE STOCK ACT

  (Mrs. CAPITO asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Mrs. CAPITO. Mr. Speaker, I rise today in support of the STOCK Act, 
Stop Trading on Congressional Knowledge Act, which strengthens current 
House rules banning Members of Congress from profiting financially from 
their position. It is absolutely unacceptable for those in any branch 
of government--the legislative, the judiciary, or the executive 
branch--to profit from nonpublic information.
  Insider trading is not only unethical; it is illegal no matter who 
you are. But if it takes a stronger, tougher bill to set the record 
straight, then so be it. The American people elected us in good faith 
to lead, and we must do everything in our power to protect that trust.
  The bill enhances transparency, something we've continually strived 
for in this 112th Congress, and I am proud to support the bill. I hope 
my colleagues will join me in passing this into law.

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