Minnesota Democrat Tim Walz is urging his colleagues in the House to hold themselves accountable under insider trading laws. Walz says the stock portfolios of members of Congress outpace the market by six to ten percent. He says a ban on insider trading would be a step toward restoring public faith in Congress.

The Senate approved Tim Walz's bill banning insider trading by members of Congress. The Minnesota Democrat was disappointed when the House weakened the bill last month. But Walz says he's happy to see the bill finally headed to President Obama's desk.

Minnesota's 1st District Congressman continues to dominate his GOP opponents in fundraising. According to the latest FEC report, Rep. Tim Walz raised $237,605 between April and June. That brings his total campaign funds to $1,466,453.

Allen Quist and Mike Parry are both seeking the GOP endorsement to run against Rep. Walz in November. Republicans will gather for their 1st District Convention in Mankato Saturday. Walz is seeking his fourth term in Washington.

U.S. Rep. Tim Walz honored Spam on the House floor on Wednesday, the L.A. Times reports. The Minnesota Congressman said, "Spam is an important part of our American history." Austin-based Hormel is celebrating the brand's 75th anniversary this summer.