House Bill 859
115th Congress(2017-2018)
Financial Services Conflict of Interest Act
Introduced
Introduced in House on Feb 3, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
859
Congress
115
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
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.
February 3, 2017
Sort by most recent
03/02/2017
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
03/02/2017
Referred to the Subcommittee on the Constitution and Civil Justice.
02/03/2017
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.
02/03/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:35:00 PM