Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB442

Introduced
2/15/23  

Caption

Cutting Off Communist Profiteers Act

Impact

If enacted, SB442 is likely to change the post-employment landscape for former presidential appointees, specifically those who might seek lucrative positions advising or working for Chinese firms or government entities. By establishing explicit regulations against lobbying or influencing U.S. governmental decisions on behalf of these entities, the bill aims to safeguard against possible conflicts of interest and espionage. Furthermore, this legislation underscores a commitment to maintaining national integrity and transparency in government roles.

Summary

SB442, known as the 'Cutting Off Communist Profiteers Act', aims to amend Title 18 of the United States Code to impose restrictions on former presidential appointees regarding their interactions with Chinese entities. The bill addresses concerns over potential foreign influence in U.S. governance, specifying that individuals who have served in presidential appointments are prohibited from representing Chinese governmental or military interests after leaving their positions. This legislation reflects growing apprehensions among lawmakers about the engagement of former officials with foreign powers that may pose threats to national security.

Contention

One of the notable points of contention surrounding SB442 is its implications for relations with China, as lawmakers may become divided on the extent to which regulations should restrict former officials. Supporters of the bill argue that such restrictions are necessary for national security, while opponents may view them as excessive, potentially hampering international collaboration in various fields. Additionally, the bill raises concerns about the enforcement of these restrictions and how they would be operationalized within existing legal frameworks. The potential impact on the career prospects of former officials transitioning to the private sector is also a matter of debate.

Companion Bills

No companion bills found.

Previously Filed As

US SB481

Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023

US HB1171

Stop CCP Fentanyl Act

US HB1456

SCREEN Act Stopping Communist Regimes from Engaging in Edits Now Act

US SB151

Countering Corporate Corruption in China Act of 2023

US HB3334

STOP CCP Act Sanctioning Tyrannical and Oppressive People within the Chinese Communist Party Act

US HB4761

Securing American Future from Exploitative Communist Autonomous Research Act

US HB1368

Deter PRC Support to the Russian War Effort Act

US HB4927

ACES Act of 2023 Anti-CCP Espionage via Social Media Act of 2023

US HB748

Stop CCP Infrastructure Act Stop Communist Construction of Public Infrastructure Act

US HB551

No Taxpayer Funding for the Chinese Communist Party Act of 2023

Similar Bills

No similar bills found.