H.Res. 471 proposes to amend the House rules to ban members of Congress from serving on the boards of for-profit companies. The resolution, introduced by Representatives Craig, Deluzio, Neguse, Ryan, and Scholten, would prevent House members, delegates, and resident commissioners from holding board positions at private, profit-making businesses while serving in office. The measure has been referred to the House Ethics Committee for consideration. This rule change aims to reduce potential conflicts of interest by ensuring that lawmakers cannot simultaneously serve corporate interests through board positions while making decisions that affect those same industries. No specific funding or implementation timeline is included in the resolution.
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