S. 265 · 115th Congress
Financial Services Conflict of Interest Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BaldwinSponsor6 cosponsors · 6 D
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Ethics in Government Act of 1978 and other laws to:
What it does: CRS summary · Introduced in Senate · Feb 1, 2017
Financial Services Conflict of Interest Act
This bill amends the Ethics in Government Act of 1978 and other laws to:
- expand restrictions on federal government employees' acceptance of compensation from nongovernment sources,
- generally require certain financial-services regulators to recuse themselves from any official action that would provide a direct and substantial pecuniary benefit for a recent former employer or client,
- generally prohibit such a regulator from participating in matters that involve an individual or entity with whom the regulator is negotiating future employment,
- prohibit a federal government employee from participating in a procurement involving a contractor that had recently employed that employee, and
- expand restrictions on lobbying by certain former financial-services regulators.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Financial Services Conflict of Interest Act
Latest action (Feb 1, 2017): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Feb 1, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.