Recusal of executive branch officers and employees in matters affecting financial interests of previous employers

Section 208(a) of title 18, United States Code, is amended— (1) by striking an officer or employee of the executive branch of the United States Government, or of any independent agency of the United States, a Federal Reserve bank director, officer, or employee, or an officer or employee of the District of Columbia, including a special Government employee and inserting an officer or employee in any position listed under the Executive Schedule (sections 5312 through 5316 of title 5), a special Government employee, or an officer or employee of the Executive Office of the President; and (2) by inserting after organization in which he is serving as officer, director, trustee, general partner or employee, the following: organization for which he, during the 4-year period preceding such participation, served as an officer, director, trustee, general partner, agent, attorney, consultant, contractor, employee, or direct competitor, organization (other than a political organization described in section 527(e) of the Internal Revenue Code of 1986) in which he is an active participant,.