Holy Porky Pig! The Republicans are trying to repeal an open disclosure measure that requires senior federal officials to report assets. Talk about ensuring graft and corruption in the White House in the name of ‘security’. (LA Times):
Tucked within the House’s 497-page version of the “9/11 Recommendations Implementation Act” is a provision to repeal the requirement that senior-level officials report their personal financial assets valued at more than $2.5 million. It also would end the practice of disclosing the dates of stock transactions.
The proposal to limit financial disclosures initially covered only top-level intelligence officials. It was recently expanded to include all executive branch officials, according to a draft version of the bill.
…The new disclosure provision was included during the conference committee negotiations. “They’re burying it in a large bill that is very controversial on other issues, so no one is going to pay any attention to this,” said Joan Claybrook, president of Public Citizen, a government watchdog group.
The new disclosure policies would make it harder to detect when officials have personal financial stakes in matters before them, watchdog groups say. The current rules require officials to list the value of their assets in categories, beginning at “none or less than $1,000” and ending at “more than $50 million.”
Claybrook said that after her group complained about the special financial disclosure rules for intelligence and national security officials, congressional negotiators “amazingly went even further to limit reporting for all government agency officials.”
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