Congresswoman Hochul Addresses Congress on STOCK Act

Press Release

Today, Congresswoman Kathy Hochul voted to pass the Stop unscrupulous Trading On Congressional Knowledge (STOCK) Act, after calling on House Leadership to pass a stronger version of the bill earlier this morning.

"While this bill is a step in the right direction, it's a watered down version of the Senate bill, which aims to stops insider trading in Congress," said Congresswoman Hochul. "We must stop this insidious practice, which gives Members of this body an unfair advantage over the Americans who sent us here to represent them."

The House version of the STOCK Act passed with a vote of 417-2. Last week, the Senate passed their version of the bill with a vote of 96-3.

Congresswoman Hochul was one of the first co-sponsors of the STOCK Act and was among the first Members of Congress last week to sign a discharge petition forcing the STOCK Act to come to the House Floor for a vote.

Hochul added, "When the House and the Senate come together to work out the differences in these two bills, I call on the House Leadership to strengthen this version so we can begin the process of restoring the faith of the American people in this institution."

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