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After one last battle, House passes the STOCK Act

WASHINGTON — The House of Representatives passed Rep. Tim Walz’s STOCK Act 417-2 on Thursday, but for such a significant legislative victory and the strong bipartisan the bill inspired, no one seemed to be particularly excited about it.

The U.S. Senate passed its version of the STOCK Act last week, inserting provisions that apply the bill to both the executive branch and firms specializing in “political intelligence,” the gleaning of insider tips from lawmakers and staff and using them for profit. Good government advocates vigorously supported the bill, which in certain ways was stronger and more expansive than the one Walz originally proposed.

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