A bill to impose a 1-year cooling off period before a senior Federal financial institutions examiner may be employed by the financial institution examined by that person.
Bank Examiner Postemployment Protection Act - Amends Federal criminal law to subject to criminal penalties any person who: (1) has served as senior Federal bank examiner of a particular financial institution during the final 12 months of Federal employment; and (2) knowingly accepts compensation as an employee, officer, director, or consultant from that institution (including its holding company, a subsidiary, or an affiliate) within one year after departure from such Federal service.
Introduced in Senate
Read twice and referred to the Committee on the Judiciary.
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