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Obama signs into law STOCK Act championed by Tim Walz

obama signs stock act
REUTERS/Jason Reed
Minnesota Congressman Tim Walz has a prime viewing spot as President Obama signs the STOCK Act, which limits congressional stock trading.

 “The idea that everybody plays by the same rules is one of our most cherished American values,” Obama said. “It’s the notion that the powerful shouldn’t get to create one set of rules for themselves and another set of rules for everybody else, and if we expect that to apply to our biggest corporations and to our most successful citizens, it certainly should apply to our elected officials — especially at a time when there is a deficit of trust between this city and the rest of the country.”

“It shows that when an idea is right that we can still accomplish something on behalf of the American people and to make our government and our country stronger,” he said.

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Comments (3)

Hehe

I suspect that the only reason some congresscritters voted for this bill is because the public caught whiff of it and they no longer had any choice. Sometimes the end does justify the means.

Probably true of many,

but not Tim Walz himself.
As he's remarked, as a former school teacher with two young kids, he doesn't have much to invest.

Exactly

Of course, that's why he introduced the bill. He didn't feel (and neither do I) that the laws should apply any less to our leaders than they do to us.