S. 156

Executive Branch Conflict of Interest Act

This bill revises ethics requirements and modifies provisions related to conflicts of interest involving certain federal government employees.

Specifically, the bill

• expands restrictions on certain federal government employees' acceptance of compensation from nongovernment sources,
• generally requires certain federal government employees to recuse themselves from any official action that would provide a direct and substantial pecuniary benefit for a recent former employer or client,
• generally prohibits such an employee from participating in matters that involve an individual or entity with whom the employee is negotiating future employment,
• prohibits a federal government employee from participating in a procurement involving a contractor that had recently employed that employee, and
• expands restrictions on lobbying by certain former federal government employees.