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In the winter of 2007, in between the two sessions of the 110th Congress, Sen. Trent Lott, an institution in Congress since the 1980s, suddenly announced his impending retirement from the Senate. Lott had an illustrious career as a legislator rising all the way to the top of the Senate, serving as Senate Majority Leader from 1996 to 2001, until a misfired compliment led his party to toss him as leader. Lott’s luck continued to run a shore as Hurricane Katrina demolished his gulf coast home leaving the senator to wage a battle with insurers claiming that there was no evidence that his home was destroyed by a hurricane because there was no home left. These reasons may have been enough to drive Sen. Lott to retire from the Senate when he did, but it was actually the implementation of a simple ethics requirement that pushed him to give up the trappings of the Senate and embrace the cash cow that is K Street.
In October 2007, Congress approved new ethics and lobbying reforms, including an extension of the “cooling off” period for Senators. The “cooling off” period refers to the period of time that some government employees are restricted from lobbying the government after they leave office. The new rules mandated a two-year “cooling off” period – extended from one-year – starting at the beginning of the next session in 2008. Trent Lott avoided this new rule by retiring on December 18, 2007.
“Cooling off” periods, or revolving door reforms, do not solely apply to Congress. The executive branch faces similar problems of conflicts of interest arising from appointees leaving to pursue private sector gigs and private sector employees entering government service. This problem has become increasingly acute over the past decade and that’s why the Project on Government Oversight includes revolving door reform as a key plank in their Presidential transition recommendations: (Continue reading…)