Stop the Revolving Door of Regulators and Industry

[donttreadonme (Steve)]

Stop the Revolving Door of Regulators and Industry

I propose that the following 2 policy proposals, about ending the revolving door of regulators and industry, get merged:

1

Written by @donttreadonme

Ending the Revolving Door of Industry and the Regulators

Introduction: The Regulatory Integrity Act aims to sever the revolving door between government regulatory positions and private industry roles by imposing strict post-employment restrictions, ownership, and compensation guidelines for regulators. This policy is designed to prevent conflicts of interest, enhance public trust in regulatory processes, and ensure that regulatory decisions serve the public interest rather than private gain. Key Provisions: Extended Cooling-Off Period: Duration…

2

Written by @J21ashley

Public to Private sector revolving door

In politics, a revolving door can refer to two distinct phenomena. Primarily, it denotes a situation wherein personnel move between roles as legislators or regulators in the public sector, and as employees or lobbyists of industries (affected by state legislation and regulations) in the private sector. Politicians should not be allowed to “retire” from Politics and move into Executive Level positions or high dollar paying positions in areas they had oversight of or had a working relationship …

Explanation & Justification

Our policies recommend the same prescription of ending the revolving door of industry and regulators. My policy adds more detail.