To Restore Trust in Government, Slow Wall Street's Revolving Door
Posted: 08/31/2015
One
of our nation's greatest strengths is that we are governed by each
other -- what President Lincoln celebrated as "a government of the
people, by the people, and for the people."But increasingly, Americans' trust in government is eroding. And a big reason for that is the so-called revolving door between government and the private sector.
Inviting outside voices into government is often a good thing. When public servants have experience beyond Washington, they bring new ideas, new perspectives, and new knowledge to the work of governing this huge, complicated country of ours. Some of America's most dedicated public servants got their start in technology, business, academia, or other fields. Most of the time, that private-sector experience is an asset, not a liability.
But in some cases, it can affect the public trust -- for example, if a public servant's past and future are tied to the financial industry. That's when people start worrying that the foxes are guarding the hen house.
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Tammy -- has introduced legislation in the Senate to help close that revolving door. The other of us -- Hillary -- strongly supports this bill, and as president would crack down on conflicts of interest in government.
Here's what this bill would do.
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