[Congressional Record (Bound Edition), Volume 158 (2012), Part 2]
[House]
[Page 1609]
[From the U.S. Government Publishing Office, www.gpo.gov]




                             THE STOCK ACT

  (Mr. WALZ of Minnesota asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. WALZ of Minnesota. Madam Speaker, last week this House did 
something that should be common but is getting rarer and rarer. We 
passed a bipartisan piece of legislation with a vote of 417-2. That was 
the STOCK Act, the Stop Trading on Congressional Knowledge bill, making 
sure that we have the audacity to say Members of Congress should play 
by the same rules as everyone else, restoring faith in our market. The 
Senate did the same thing, 96-3.
  But I remind you of those famous words from Saturday morning cartoons 
in ``Schoolhouse Rock,'' I'm just a bill, sitting on Capitol Hill. It's 
not the law. No conference has been decided yet. The President, while 
in the State of the Union, from that very perch, said he would sign 
that bill the very next day, but there's nothing on the horizon 
bringing it up.
  Madam Speaker, I encourage my colleagues, and I encourage all 
Americans to make sure they hold us accountable. Casting that vote for 
a bill still keeps it a bill. We need to follow through and make it the 
law of the land.

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