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.

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