The House of Representatives has approved a bill to rename the STOCK Act after late Congresswoman Louise Slaughter.
Rep. Slaughter pushed for the legislation that prevents insider trading by lawmakers based on congressional knowledge.
In a statement, Rep. Tonko said: “We are entrusted with access to information, federal agencies and intelligence to make our nation safer, stronger and better. The STOCK Act prohibits Members of Congress and our staff from using insider information to line our own pockets. It is fitting that the STOCK Act be renamed after my dear friend and colleague, lovingly referred to as simply Louise. She stood for accountability, integrity, openness and transparency. The renaming of this law will honor her legacy and lifetime of service.”