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National Security Officials' Foreign Financial Disclosure

New rules require nominees for senior positions in key departments (Defense, Treasury, State, Intelligence) to publicly disclose their financial ties with foreign governments. This aims to increase transparency and public trust, giving citizens insight into potential conflicts of interest for those in charge of national security.
Key points
Nominees for senior defense, treasury, state, and intelligence roles must publicly disclose income and services from foreign governments over the past 5 years.
This information will be available on relevant department websites, enhancing transparency and public oversight.
If a nominee worked for a foreign entity, the Secretary of Defense or State must report details, including remuneration, to the Senate.
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Additional Information
Print number: 118_HR_10224
Sponsor: Rep. Kim, Andy [D-NJ-3]
Process start date: 2024-11-21