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Financial forms of federal leaders, nominees now online

Mar. 12, 2012 - 06:00AM   |  
By SEAN REILLY   |   Comments

Financial disclosure forms for 906 government leaders, nominees for Senate-confirmed positions, and presidential candidates are now posted online.

The Office of Government Ethics posted the forms">on its website Monday.

Up to now, the reports, known as OGE Form 278s, have generally been available only in paper form following submission of a written request. Under the system in place as of Monday, requesters can complete the form online to get immediate access to an electronic copy of the disclosure report.

The forms list income sources, assets and liabilities, as well as stock purchases and other transactions worth more than $1,000. The database also includes covered individuals' ethics agreements, which are agreements to assuage conflict-of-interest concerns.

The ethics office said it is rolling out the new system "in the spirit of transparency and open government."

The move to post the forms comes as Congress is debating legislation to require online access to the disclosure reports of thousands of other executive branch officials maintained by individual agencies. The House version of the Stop Trading on Congressional Knowledge (STOCK) Act, for example, would require posting of the disclosure reports of some 28,000 senior federal civilian and military officers, according to a recent ethics office analysis. The Senate version would cover at least 3,500 filers, including non-career Senior Executive Service members and civilian commissioned officers in the Executive Office of the President.

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