The No Corporate Crooks Act would ban chief executive officers who have been convicted of corruption-related crimes from serving in the federal executive branch. The law applies to convictions for crimes including bribery, fraud, embezzlement, insider trading, wage theft, tax evasion, cybercrime, and copyright infringement, regardless of whether the crime was committed as part of their CEO duties. Anyone currently working in the executive branch who would be ineligible under this rule would be required to be removed from their position. The bill covers both federal crimes and comparable state-level offenses and applies to CEOs of both public and private organizations. The legislation does not specify an implementation timeline or funding requirements beyond the removal provision.
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