1、 https:/crsreports.congress.gov August 17, 2021Financial Disclosure: Identifying and Remediating Conflicts of Interest in the Executive BranchWhen taking an official action (e.g., making decisions or recommendations), American public servants are expected to put the governments interests ahead of th
2、eir own. The Ethics in Government Act of 1978 (5 U.S.C. Appendix), as amended, is based upon this principle and requires certain employees to file annual financial disclosure statements. Federal agencies use the disclosed information to identify and remediate real or perceived conflicts of interest,
3、 as necessary. Identifying Conflicts of Interest Federal law (18 U.S.C. 208) prohibits government employees from participating “personally and substantially” in any covered activity in which the employee, spouse, minor child, general partner, or previous organization has a financial interest. If a c
4、overed official is negotiating future employment, they are prohibited from participating in certain activities with that organization. Pursuant to the Ethics in Government Act and regulations issued by the Office of Government Ethics (OGE), compliance with laws prohibiting financial conflicts of int