Murkowski Votes for STOCK Act
STOCK Act Makes Information “Timely and Transparent”
WASHINGTON, D.C. – Senator Murkowski today voted for final passage of the Stop Trading on Congressional Knowledge Act of 2012 (the STOCK Act). The legislation – which contained most of the provisions from the original bill Murkowski co-sponsored – passed the U.S. Senate by an overwhelming 96-3 vote, and expressly prohibits elected officials and staffers from using nonpublic information they come across in their work for their own benefit.
It now heads to President Obama’s desk for his signature.
“We all see the poll numbers about how Americans view Congress. This legislation is important to rebuild and regain some of the trust that voters have lost with Capitol Hill,” said Murkowski. “This also brings accountability into the 21st century – financial disclosures will be online when we file them within 30 days of any activity, not the current hard copy that gets hand-delivered to the Senate. This is a timely and transparent step towards raising confidence in Congress.”