Political Quotes

“Madam Speaker, I move to suspend the rules and pass the bill (S. 2038) to prohibit Members of Congress and employees of Congress from using nonpublic information derived from their official positions for personal benefit, and for other purposes, as amended. The Clerk read the title of the bill. The text of the amendment is as follows: Strike out all after the enacting clause and insert: S. 2038 SECTION 1. SHORT TITLE. This Act may be cited as the ``Stop Trading on Congressional Knowledge Act of 2012'' or the ``STOCK Act''. SEC. 2. DEFINITIONS. In this Act: (1) Member of congress.--The term ``Member of Congress'' means a member of the Senate or House of Representatives, a Delegate to the House of Representatives, and the Resident Commissioner from Puerto Rico. (2) Employee of congress.--The term ``employee of Congress'' means-- (A) any individual (other than a Member of Congress), whose compensation is disbursed by the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives; and (B) any other officer or employee of the legislative branch (as defined in section 109(11) of the Ethics in Government Act of 1978 (5 U.S.C. App. 109(11))).…”