US Federal 2023-2024 Regular Session

US Federal 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 SB4327

Securing America’s Drug Supply from Communist China Act

US HB7381

Prevent Presidential Profiteering Act

US SB3640

Divesting from Communist China’s Military Act of 2026

US HB7075

Divesting from Communist China’s Military Act of 2026

US HB2824

Employee Limits ON Profiteering Act

US HB8214

W.A.R. Act Wartime Anti-Profiteering and Relief Act

US HB1690

SCREEN Act Stopping Communist Regimes from Engaging in Edits Now Act

US H5160

Eliminate Criminal Profiteering Act

US SB2989

Stop MPT Act Stop Medical Profiteering and Theft Act

US HB3314

Stop Presidential Profiteering from Digital Assets Act

Similar Bills

No similar bills found.