In his State of the Union address last week, President Obama highlighted one particular piece of legislation to restore the public's faith in their government:
“Send me a bill that bans insider trading by members of Congress, and I will sign it tomorrow,” Obama said during his address to a joint session of Congress.
Today, the Senate voted to move forward with the STOCK Act, which will do precisely that. Today's vote was on cloture, the Senate agreeing to move the bill forward, and it passed 93-2 (Sens. Tom Coburn [R-OK] and Richard Burr [R-NC] voted against).
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