Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Byron Donalds leads bipartisan effort to punish federal workers for failure to report foreign gifts

by
March 24, 2025
in Latest News
0
Byron Donalds leads bipartisan effort to punish federal workers for failure to report foreign gifts

Two prominent House lawmakers from opposite sides of the aisle are teaming up to push for greater transparency on the gifts or perks that representatives of the federal government receive from foreign entities.

Reps. Byron Donalds, R-Fla., and Jared Golden, D-Maine., introduced the Gift, Accountability, Reporting, and Disclosures (GARD) Act late last week, aimed at strengthening the government’s guardrails against foreign influence.

The bill would vastly expand the definition of a ‘foreign’ gift, while imposing heightened requirements on what kind of details must be disclosed and when.

Federal employees who file reports more than 30 days after a foreign gift is received would be slapped with a $200 fine. Golden and Donalds’ collaboration on the issue is notable in today’s hyper-partisan climate.

Federal employees, the president, the vice president, members of Congress, other officials and their families are generally expected to report foreign gifts that amount to $480 or more – though that baseline can be lower for certain government entities.

The State Department’s chief of protocol, a politically appointed role, is tasked with gathering such information and issuing a report due 11 days after a presidential term has ended. There is also currently no deadline for that data to be made public in the Federal Register, which has been amended with Donalds and Golden’s new bill.

The GARD Act would mandate the State Department to publish its foreign gift list within 30 days of receiving the information. The designation of ‘foreign’ would also grow to include non-U.S. businesses and nonprofits. It also would standardize reporting of foreign gifts given to adult children and relatives of government officials at a $480 baseline.

Additionally, instead of a political appointee at the State Department gathering the information, that would now be taken on by the U.S. Office of Government Ethics.

Both Republicans and Democrats have accused recent party leaders and families of enriching themselves on foreign business.

It is not immediately clear if House GOP leaders have shown interest in the bill, but it comes amid talks of both of its leaders potentially seeking higher office.

Donalds announced earlier this year that he is running for governor of Florida, and he is endorsed by President Donald Trump for the role.

Meanwhile, the Portland Press Herald held up Golden – a moderate Democrat who represents a district Trump won in 2020 and 2024 – as a potential candidate for governor in Maine.

This post appeared first on FOX NEWS
Previous Post

US peace talks with Ukraine, Russia get underway in Saudi Arabia

Next Post

‘Corrupt, dangerous’: GOP Rep moves to impeach judge who blocked Trump federal funds freeze

Next Post
‘Corrupt, dangerous’: GOP Rep moves to impeach judge who blocked Trump federal funds freeze

‘Corrupt, dangerous’: GOP Rep moves to impeach judge who blocked Trump federal funds freeze

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

November 6, 2025
Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

November 6, 2025
Bernie Sanders crashes Schumer news conference, criticizes Democratic Party leadership

Bernie Sanders crashes Schumer news conference, criticizes Democratic Party leadership

November 6, 2025
Vance delivers post-election reality check, contends GOP must make life affordable or get walloped in 2026

Vance delivers post-election reality check, contends GOP must make life affordable or get walloped in 2026

November 5, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

    Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

    November 6, 2025
    Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

    Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

    November 6, 2025
    Bernie Sanders crashes Schumer news conference, criticizes Democratic Party leadership

    Bernie Sanders crashes Schumer news conference, criticizes Democratic Party leadership

    November 6, 2025
    Vance delivers post-election reality check, contends GOP must make life affordable or get walloped in 2026

    Vance delivers post-election reality check, contends GOP must make life affordable or get walloped in 2026

    November 5, 2025

    Top News

    Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

    Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’

    November 6, 2025
    Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

    Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement

    November 6, 2025

    Latest News

    • Trump appears to jab defeated Republicans, saying it’s ‘easy’ to win elections ‘when you talk about the facts’
    • Vulnerable House Dem criticizes ‘extreme’ left in shocking 2026 announcement
    • Bernie Sanders crashes Schumer news conference, criticizes Democratic Party leadership

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.