US Congress Passes Bill to Ban Insider Trading by Lawmakers

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'The Stop Trading on Congressional Knowledge (STOCK) Act, passed by a 417-2 vote on Thursday, would bar members of Congress and their employees from using exclusive information they learned as lawmakers for their financial benefit.

The Senate passed the anti-insider trading bill by a 96-3 vote last week. Rep. Louise Slaughter (D-Fairport), who drafted the bill, called the passage of the bill a victory for the American people.'

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