Insider: Nancy Pelosi's congressional stock trading ban has a massive blind trust loophole and is too broad, ethics experts warn
Aaron Scherb, senior director of legislative affairs for Common Cause, generally praised the legislation as strong, if imperfect, particularly in its proposed increases in penalties for violating the law.
"It would go a long way to give more than just a slap on the wrist to people who don't comply with the STOCK Act, which should really help compliance overall," Scherb said.
He also said he's glad the bill strengthens rules for all branches of the government, not just Congress, and that he's not concerned that it includes Supreme Court justices — a provision that some government reformers say will "poison" the bill among Senate Republicans who might otherwise be inclined to support it.
"The House shouldn't project what might or might not happen in the Senate," he said.