Washington, D.C. – U.S. Rep. Randy Hultgren (IL-14) today released the following statement after voting for S. 2038, the Stop Trading On Congressional Knowledge (STOCK) Act.

“Today, I was pleased to support a bill strengthening the existing prohibition on insider trading by members of Congress and their staffs,” said Hultgren. “Moreover, by barring members from receiving preferential treatment in Initial Public Offerings, what we passed today is stronger than the legislation the Senate recently passed.”

“I’m also pleased that the STOCK Act bars Members of Congress who commit a felony from receiving a taxpayer-funded pension. This commonsense provision is based on legislation introduced by my friends, Senator Mark Kirk and Congressman Robert Dold, which I was proud to support. This bill is strong and workable, and I hope that the Senate passes it immediately.”

The STOCK Act passed by a bipartisan vote of 417-2.

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