H.R. 859
Referred to CommitteeFinancial Services Conflict of Interest Act
Latest Action
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
3/2/2017 • House
Summary
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.
Introduced in House • 2/3/2017
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Bill Journey
Originated in the House
Introduced
February 3, 2017
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Judiciary, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Enacted into Law