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Public Statements

End Insider Trading in Congress

Statement

By:
Date:
Location: Naperville, IL

Bill Foster today called on Congresswoman Judy Biggert (R-IL) to support H.R.1148, the Stop Trading on Congressional Knowledge (STOCK) Act, which would ban insider trading practices by members of Congress. Tonight, the President said in his State of the Union Address that Congress needs to act now to ban insider trading, stating that he would sign their bill.

"Folks in Illinois are fed up with Congress, and Washington isn't playing by the same rules as everyone else," said Bill Foster, "We need to increase transparency, whether it's for Wall Street or Congress, because using government information for personal gain is as offensive as it is wrong. It is not an overreaction to hold our leaders to the highest standard, and it is time for Congresswoman Biggert and her Washington colleagues to send a bill to the President that he can sign."


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