Congressman Eric Cantor (VA-07) tonight issued the following statement regarding Senate passage of the STOCK Act:
"I'm pleased that the Senate passed a stronger STOCK Act today to prevent Members of Congress and staff from using insider information for their financial benefit. Insider trading at any level of the federal government is unacceptable. We will quickly review the entire bill and the amendments that were added today to ensure that public servants, whether in the legislative or executive branch, do not personally profit from insider information. It is critical that the bill we send to the President guarantees that the same rules apply to those in the federal government as they do to everyone else. Therefore, it is my intention to schedule consideration of the Senate-passed STOCK Act on the House floor next week."