• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy White House stymied bipartisan support for presidential ethics bill, says top House Dem
Economy

White House stymied bipartisan support for presidential ethics bill, says top House Dem

by June 17, 2024
by June 17, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

A Democratic member of the House Oversight Committee alleged Monday that several in her party who had initially indicated support for a bipartisan presidential ethics bill got cold feet after talking to the White House.

Rep. Katie Porter, D-Calif., previously announced the filing of a ‘landmark federal ethics reform bill’ with Rep. James Comer, R-Ky., the committee’s chairman, targeting financial disclosures, family members joining official travel junkets and other issues.

Comer and Porter announced the Presidential Ethics Reform Act in late May, which itself reportedly stemmed from a back-and-forth between lawmakers during a March hearing on the impeachment inquiry into President Biden.

Porter, who lives in Orange County, California, claimed Monday that after she and Comer worked to recruit an equal number of bipartisan co-sponsors, the deal imploded while she was in the air on her way back to Washington.

‘I … was proud that I had found three senior Democratic co-sponsors. When I landed, I was really disappointed to learn that those co-sponsors had decided not to support the bill and had had conversations with the White House,’ Porter claimed in comments to The Hill newspaper.

Fox News Digital reached out to the White House for comment, as the paper cited three Democratic lawmakers it reported to be whom Porter was referring – Reps. Ro Khanna, D-Calif., Kweisi Mfume, D-Md., and Raja Krishnamoorthi, D-Ill.

Khanna told Fox News Digital he respects Porter and her commitment to reform, including a separate congressional stock-trading ban.

‘[B]ut, any reform initiative needs to be truly bipartisan and not be used months before an election to score political points against the families of candidates of either party,’ Khanna said.

Mfume declined comment and Krishnamoorthi did not respond. Porter’s office also did not provide comment.

A source familiar with the situation, however, confirmed reports on the matter to Fox News Digital.

The ethics bill did garner at least one major public supporter, as billionaire ‘Shark Tank’ investor Mark Cuban posted, ‘All for this.’

Congress’ official website shows Comer introduced the legislation on May 22 and listed Porter as its only current co-sponsor. Congress.gov indicated the bill has since been referred to the Oversight Committee.

During a March 20 Biden impeachment inquiry hearing, Porter said the probe hit a ‘dead end’ and that the next step should be to ‘stop bipartisan attacks on each other.’

‘The American people think that the rules that prevent corruption are way too weak to stop politicians from both sides of the aisle from influence peddling,’ Porter added. 

After she ended her remarks, Comer interjected to say he believed the Democrat was ‘sincere’ and that he ‘look[ed] forward to working with [her] on that legislation’ in the future.

The bill would require presidents and vice presidents to record and disclose payments or ‘items of value’ given to them by foreign sources two years prior to and after their terms, as well as while they are in office.

It would also require the two top national executives to disclose inter-familial payments of more than $10,000 during that same time period, and also provide stricter rules regarding disclosure of conflicts-of-interest.

‘Influence peddling is a cottage industry in Washington, and we’ve identified deficiencies in current law that have led to a culture of corruption,’ Comer said of the bill.

‘By creating this bipartisan legislation to provide greater transparency to the financial interactions related to the office of the president and vice-president, we can ensure that moving forward, American presidents, vice presidents, and their family members cannot profit from their proximity to power.’

This post appeared first on FOX NEWS
You Might Also Like
  • Biden signs debt ceiling bill, avoiding government default
  • House GOP warns Biden’s policy blunders, China’s spying could worsen ‘alarming’ military recruitment crisis
  • Vivek Ramaswamy ends presidential bid following Iowa caucuses
  • McConnell putting ‘main part of my focus’ on opposing Russia in Ukraine: ‘A worldwide problem for democracies’
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Schumer deletes ‘cringe’ Father’s Day photo after conservatives rip his grilling skills: ‘E coli with cheese’
next post
‘Greatest threat’: Former top Kamala Harris aide reveals which Trump VP pick could sink her candidacy

You may also like

Top California Dem silent amid backlash following controversial no vote

March 23, 2023

Energy workers haven’t forgotten and won’t forgive Biden for killing...

January 19, 2023

Watchdog group sues Biden admin for docs related to menthol...

April 17, 2024

New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

June 21, 2023

Tuberville not budging on military holds over abortion policy as...

October 31, 2023

Netanyahu slams Palestinian Authority for denying that Hamas carried out...

November 20, 2023

White House says Biden’s laugh while discussing fentanyl crisis taken...

March 3, 2023

Legal experts warn Hunter Biden faces ‘real chance of jail...

December 9, 2023

Biden admin removing most surveillance balloons at southern border due...

February 9, 2023

Dem Hispanic caucus takes aim at Biden admin’s border moves,...

March 4, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,450 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    ‘HeGetsUs’ abstains from abortion issue, says...

    February 19, 2023

    AIER Leading Indicators Index Posts Sixth...

    December 14, 2022

    Massachusetts Gov. Healey creates ‘Latino Empowerment’...

    April 5, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here