Dems press regulators on ‘revolving door’ ethics lapses

Democrat senators and representatives sent letters to federal financial regulators pressing them for answers regarding each agency’s ethics guidelines as they relate to the “revolving door” of government employees becoming lobbyists or consultants as a result of their employment with the government. The specific concern relates to the number of ex-government employees that have left the public sector for crypto and fintech firms. Read on for more details.