Nonprofit, nonpartisan journalism. Supported by readers.

Donate
Topics

Obama signs into law STOCK Act championed by Tim Walz

WASHINGTON — The president assembled a bipartisan group of lawmakers to join him at the signing, including Walz.

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.

Article continues after advertisement