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Financial Services Conflict of Interest Act

Introduced: February 1, 2017 Introduced by: Baldwin, Tammy Democratic · Wisconsin See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 1, 2017
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Feb 1, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.
What's happening now February 1, 2017

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 Related & companion bills 4
  • HR 3537 Related bill We the People Act of 2017
  • HR 3848 Related bill We the People Democracy Reform Act of 2017
  • S 1880 Related bill We the People Democracy Reform Act of 2017
  • HR 859 Identical bill Financial Services Conflict of Interest Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 6
D
Whitehouse, Sheldon
Rhode Island · Feb 10, 2017
 D
Blumenthal, Richard
Connecticut · Feb 1, 2017
 D
Merkley, Jeff
Oregon · Feb 1, 2017
 D
Schatz, Brian
Hawaii · Feb 1, 2017
 D
Van Hollen, Chris
Maryland · Feb 1, 2017
 D
Warren, Elizabeth
Massachusetts · Feb 1, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 265: Financial Services Conflict of Interest Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-265/
MLA
"S. 265: Financial Services Conflict of Interest Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-265/.
Bluebook (legal)
S. 265, 115th Cong. (2026), https://openamerica.io/bill/115-S-265/.
Markdown link
[S. 265: Financial Services Conflict of Interest Act](https://openamerica.io/bill/115-S-265/)
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