Senate votes to limit STOCK Act’s web-based publication of employees’ financial information

On Thursday, April 11, the Senate voted to roll back the STOCK (Stop Trading on Congressional Knowledge) Act, limiting the web-based publication of government employees’ personal financial information. This action comes in response to a federal court ruling that such publication violated employees’ right to privacy and a critical report by the National Academy of Public Administration. “The court recognized that the federal employees have a legitimate right to privacy regarding their personal financial information and ruled that the federal government failed to identify a compelling government interest that would justify posting that personal information on the internet,” says Kathleen Clark, JD, government ethics expert and professor of law at Washington University in St. Louis.