Congressman Brian Bilbray (CA-50) today issued the following statement following the House passage of S. 2038, Stop Trading On Congressional Knowledge (STOCK) Act:
"You should never use your public office for personal profit. The passage of this bipartisan bill will ban insider trading for all members of Congress, agencies managed by the president and their staff. Additionally, the bill is strengthened by prohibiting members of Congress who commit a crime from receiving taxpayer funded pensions. It holds those in public office to the same laws and standards as investors in the private sector. This is a step in the right direction toward restoring the public's trust and will bring another layer of transparency to the democratic process."