Richard W. Painter

S. Walter Richey Professor of Corporate Law

Prof. Richard Painter Quoted in Business Insider About New Administration Officials Being Subject to Conflict of Interest Laws

Professor Richard Painter, S. Walter Richey Professor of Corporate Law, was quoted in Business Insider about how Donald Trump has asked a number of tech executives to have official government roles in his administration. Prof. Painter said those joining the Trump administration in any official capacity will be subject to federal conflict of interest laws that prohibit government employees from having a hand in anything that could directly affect their financial interests. He said private sector employees who join the government are generally required to sell any related financial holdings or recuse themselves from specific matters.