Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Xi tells Trump that mishandling of Taiwan could spark conflict

    May 14, 2026

    China AI chips ramp up as Nvidia H200 access unclear

    May 14, 2026

    Reform loses control of county council

    May 14, 2026
    Facebook X (Twitter) Instagram
    Addison Markets
    • Home
    • USA
    • Europe
    • Business
    • Investing
    • Tech
    • Politics
    • Contact Us
    Addison Markets
    Home»Politics»Senators introduce ban on lawmakers becoming lobbyists
    Politics

    Senators introduce ban on lawmakers becoming lobbyists

    franperez66q@protonmail.comBy franperez66q@protonmail.comMay 14, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email


    Sen. Rick Scott, R-Fla., talks reporters outside the Senate Armed Services Committee hearing on “Low-Cost Munitions,” in Dirksen building on Tuesday, March 24, 2026.

    Tom Williams | CQ-Roll Call, Inc. | Getty Images

    Congress members would be permanently banned from becoming lobbyists after they leave office under a new bipartisan bill, first reported by CNBC.

    The legislation would not only ban senators and U.S. House members from being registered lobbyists, but would also prevent then from being compensated for trying to influence lawmakers and staff on behalf of companies or groups — closing a loophole that would allow former lawmakers to lobby without being a registered lobbyist.

    The effort, from Sens. Rick Scott, R-Fla. and Elizabeth Warren, D-Mass., comes as a growing number of lawmakers are speaking out against profiting from their elected positions. Numerous bipartisan bills have been introduced this Congress to ban things like members owning and trading stocks, or banning themselves from betting on prediction markets.

    Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, DC, US, on Tuesday, April 21, 2026.

    Graeme Sloan | Bloomberg | Getty Images

    The new bill, which is unlikely to become law, would hold violators to a penalty of $50,000 per violation or up to five years in jail.

    “Trust in our institutions is at an all-time low, and the revolving door between Capitol Hill and K Street is a big part of that,” Scott said in a statement to CNBC. “We need to restore the American people’s trust in their government, and that’s why I’m proud to introduce this bipartisan bill to put government clearly back on the side of the people.”

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    franperez66q@protonmail.com
    • Website

    Related Posts

    Reform loses control of county council

    May 14, 2026

    Chris Mason: Potential leadership challengers jostle for positions

    May 14, 2026

    Five takeaways from the Trump-Xi summit in Beijing so far

    May 14, 2026

    'I've been exonerated': Angela Rayner says HMRC has cleared her over flat stamp duty

    May 14, 2026

    In photos: Trump lands in Beijing ahead of high-stakes summit with Xi

    May 14, 2026

    Watch: Wes Streeting leaves No 10 – minutes after arrival

    May 13, 2026
    Leave A Reply Cancel Reply

    Top Reviews
    Editors Picks

    Xi tells Trump that mishandling of Taiwan could spark conflict

    May 14, 2026

    China AI chips ramp up as Nvidia H200 access unclear

    May 14, 2026

    Reform loses control of county council

    May 14, 2026

    Venezuela embarks on $150 billion restructuring of sovereign, oil debt

    May 14, 2026
    © 2026 All right reserved
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.