The No Corporate Crooks Act prohibits CEOs convicted of corruption-related crimes from serving in the executive branch.
The No Corporate Crooks Act aims to prevent individuals convicted of corruption-related crimes from holding positions in the executive branch. This includes bribery, copyright infringement, cybercrime, embezzlement, fraud, insider trading, wage theft, and tax evasion. If a CEO is convicted of such a crime while serving as a chief executive officer, they become ineligible for executive branch positions. Those already in such roles who would not qualify under the new rules will be removed.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.