Carol A. Bonosaro, President, Senior Executives Association (Tom Brown / Staff)
Congress has again pushed back the deadline for posting online the financial disclosure statements of thousands of career Senior Executive Service members.
Under a bill approved Dec. 6, the requirement won’t take effect until April 15. That will give the National Academy of Public Administration time to complete a study of potential security implications. While the annual statements are already public, they are usually released only in paper form in response to a written request.
Lawmakers ordered online posting in the Stop Trading on Congressional Knowledge (STOCK) Act, signed into law last April. The provision was originally supposed to take effect at the end of August, but lawmakers have repeatedly postponed the date. The Senior Executives Association, which represents career SES members, and former top defense and national security officials have raised concerns that making information on federal employees’ personal finances so easily accessible could put them at risk of harassment or blackmail.
The association is also part of a lawsuit challenging the requirement on privacy grounds. In a statement Thursday, SEA President Carol Bonosaro called it “critical” to let the academy finish the study to determine whether “transparency interests outweigh the national and personal security concerns.”