No Corporate Crooks Act

This bill, called the No Corporate Crooks Act, would bar anyone who has served as a company’s CEO and was convicted of certain crimes from working in the federal executive branch. If someone like that is hired anyway, they must be removed from their job. The covered crimes include bribery, corruption, cybercrime, embezzlement, fraud, insider trading, wage theft, tax evasion, and copyright infringement.

Key points:

• Who is affected: People who have been a CEO and were finally convicted of one of the listed crimes.
• What changes: They cannot be appointed to executive branch jobs; if they are, they must be removed.
• Crimes covered: Bribery, corruption, cybercrime, embezzlement, fraud, insider trading, wage theft, tax evasion, and copyright infringement.