First District Congressman Tim Walz will attend the White House ceremony Wednesday when President Barack Obama signs his Stop Trading on Congressional Knowledge Act into law. The Walz bill, which passed the House and Senate with overwhelming bipartisan majorities, bans insider trading on Capitol Hill.

“After years of fighting for this common sense and important reform, I am honored and humbled to be present when the President signs it into law,” said Walz. “It’s my sincere hope that this moment of bipartisan cooperation will begin to restore the American people’s faith in the work of democracy. Moving forward, Congress should renew this bipartisan spirit and reach across the aisle and work together to solve the most pressing problems facing our country.”

The original legislation was introduced in 2006 by former Rep. Brian Baird of Washington and Rep. Louise Slaughter of New York.

Walz became the bill’s lead author following Baird’s retirement and re-introduced the STOCK Act on March 17, 2011.