(DOWNLOAD) "Statutory Qualifications on Appointments: Congressional and Constitutional Choices (Report)" by Public Administration Quarterly ~ eBook PDF Kindle ePub Free
eBook details
- Title: Statutory Qualifications on Appointments: Congressional and Constitutional Choices (Report)
- Author : Public Administration Quarterly
- Release Date : January 22, 2010
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 305 KB
Description
After the announced resignation of Treasury Secretary John W. Snow in May of 2006, President George W. Bush almost immediately nominated former Goldman Sachs chairman and chief executive Henry Paulson as his replacement. However, the appointment of Paulson ran into a conflict with existing federal law which forbids government officials from holding personal financial investments that could benefit from decisions that they might make (18 U.S.C. [section] 208 [2006]). Since Paulson owned more than $485 million in Goldman Sachs stock he was forced to comply with the conflict-of-interests provision before Senate confirmation could occur (Bloomberg News 2006: C3). After Paulson divested himself of these assets the Senate quickly confirmed him. Although the conflict-of-interests provision is not often considered part of statutory qualifications for office, it is a very important and real limitation placed by Congress on those who wish to serve in federal government. Clearly the success of any organization depends partly on the quality of the people in it. Those who work in federal government have a profound impact on what government does. This type of law is directed at a concern that government workers with the best intentions might have their judgment impaired when their interests (personal or economic) are affected by their decisions. The principle benefits the public that federal employees should serve the government, not some narrow and conflicting private interest. Practice and experience have given rise to congressional mandates that promote good government.
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