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Strengthening Ethics: Ban on Foreign Payments for Senior US Officials.

This law strictly prohibits the President, Vice President, Members of Congress, and other senior federal officials from accepting any payments from foreign governments or entities without explicit Congressional approval. The goal is to increase transparency and protect against foreign influence, which is vital for public trust and national security. Citizens gain greater assurance that their leaders' decisions are made in the country's interest, not foreign powers.
Key points
Senior federal officials must obtain Congressional consent before accepting any payment from a foreign government or a foreign government-controlled entity.
The ban extends for two years after leaving office and covers payments received through controlled business entities.
Severe civil and criminal penalties, including fines and imprisonment, are established for violations, along with mandatory forfeiture of illegally accepted funds.
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Additional Information
Print number: 118_HR_8485
Sponsor: Rep. Raskin, Jamie [D-MD-8]
Process start date: 2024-05-21