Office Of Government Ethics News

According to a Reuters report, U.S. Commerce Secretary Wilbur Ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his holdings in another shipping firm, Navigator Holdings, a Trump administration official said earlier this week. Ross had originally intended to retain his shipping interests following his confirmation in February. But the 79-year-old investor came under criticism after disclosures on Sunday that one of Navigator's major clients is the Russian gas company Sibur…

In the wake of the recent ethics scandal at Boeing1, Congress has begun to focus on the many issues that arise when government contractors hire former federal government employees. Because of Congress' involvement, government contractors are under close scrutiny when they hire such individuals, particularly those with whom the contractor had dealings prior to the offer of employment. While the "revolving door" between the federal government and private industry is controlled by the 1996 Procurement Integrity Act2 and the 1989 Ethics Reform Act3, many members of Congress have called for additional legislation further tightening the laws limiting post-government employment.