To place post-employment restrictions on certain former employees of insured depository institutions, insured credit unions, and certain agencies, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To place post-employment restrictions on certain former employees of insured depository institutions, insured credit unions, and certain agencies, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Labor, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H8CFE1452838A47A2B220B7521E7AD3D5: 1. Short title This Act may be cited as the Financial Regulators Revolving Door Enforcement Act.
- Section H4E73DDD4543447D5A8296CE1D336DAB8: 2. Restriction on employment of certain former agency employees and former senior employees of insured depository institutions and credit unions An individual...
- Section H9059EDDEFA554CAC91B2A50893A241EE: 3. Restriction on contact with covered agency by former agency employees An individual may not, during the 2-year period after the termination date of the...
- Section H708E4E09A2EE44938505F73DADBACAB4: 4. Required disclosures for certain former agency employees and executives of insured depository institutions and insured credit unions Not later than 1 year...
- Section H2F640A92C4914717AB9DECCD9725D2D3: 5. Training requirement for employees of covered agencies Not later than 1 year after the date of the enactment of this Act, and annually thereafter, each...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To place post-employment restrictions on certain former employees of insured depository institutions, insured credit unions, and certain agencies, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Labor, Government Operations
Primary Purpose
This bill, To place post-employment restrictions on certain former employees of insured depository institutions, insured credit unions, and certain agencies, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Schiff (for himself and Mr. Frost) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
a Federal employee who is— employed in a position in the executive branch for which the rate of basic pay is— determined under subchapter II of chapter 53 of title 5, United States Code
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology