August 28, 2018
Center for Financial Stability: Senator Warren Introduces Anti-Corruption Legislation
Senator Elizabeth A. Warren unveiled a wide-ranging bill that seeks to “eliminate the influence of money in our federal government.”
The Anti-Corruption and Public Integrity Act would, among other things:
- ban “Members of Congress, cabinet secretaries, federal judges, and other senior government officials from owning and trading individual stocks”;
- institute a lifetime ban on former Member of Congress, Presidents and agency heads from lobbying;
- require conflicts of interest disclosures in rulemaking comments and studies;
- prevent certain individuals from the private sector from taking certain government positions, including, in some cases, running for office;
- livestream audio of federal appellate courts and promote diversity on the federal bench;
- create a new, independent anti-corruption agency to enforce federal ethics laws; and
- increase financial and tax information disclosures for elected officials and candidates for federal office.
Read the full story on the Center for Financial Stability's website here.
Center for Financial Stability