House China Committee Chairman Mike Gallagher is introducing a bill that would block immediate family members of officials within the executive branch of the U.S. government from working for certain foreign companies.
The bill, called the “Deterring Attempts at Dirty Deals by Youngsters Act” or the “DADDY Act,” would apply to family members of the president, vice president and cabinet officials, to ensure that immediate family members — like a son, daughter, sister, brother, or in-law — cannot take roles sitting on the boards of foreign companies while their family member holds the office.
The bill would cover immediate family members of the president of the United States; vice president; secretary of State; secretary of the Treasury; secretary of Defense; attorney general; secretary of the Interior; secretary of Agriculture; secretary of Commerce; secretary of Labor; secretary of Health and Human Services; secretary of Transportation; secretary of Energy; secretary of Education; secretary of Veterans Affairs; secretary of Homeland Security; and the director of National Intelligence.
Read the full story HERE.
