Word: coded
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Dates: during 1970-1979
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...Carter previewed a code of ethics for members of his Administration that, in his words, "will require complete divestiture of any kind of financial relationship that might constitute a conflict of interest, and a complete revelation of any economic holdings." All the Cabinet-level appointees have agreed to conform to the code, the toughest ever imposed by an incoming President...
...public officials than before. Breaches of trust-even by relatively few-have reduced the willingness to increase compensation." Concluding that "only a commitment to serious reform will convince Americans that trust and confidence can be restored and that increases in salary are justified," the Peterson commission recommended a financial code of conduct for federal officials to go along with the pay hike...
...remains to be seen whether such a code will be enough to reassure a public that has grown increasingly tightfisted because of a series of Government scandals, ranging from Watergate to Koreagate. Says Peterson: "I do not believe it is excessive to say that the 'money in polities' issue has metastasized and threatens to eat away our whole political system...
...code of conduct accompanying the raises would severely curtail outside earned income, such as legal and directors' fees and honorariums for speeches. It would require complete financial disclosure of all income, gifts, debts and personal holdings. Strict conflict-of-interest standards would be applied. Restrictions would be placed on the kinds of jobs that people could take when leaving Government. The report urges abolition of "revolving-door arrangements through which company executives, Government regulators and contract negotiators pass freely, changing hats or uniforms as they go, doing damage to public respect for Government...
Congress appears to be receptive to the pay provisions, cool to the code of conduct. Says House Minority Leader John Rhodes: "I'm not pleased with the idea of members of Congress, who are in just two years at a time, having to give up all outside sources of income." A House reform task force is now drawing up a code of ethics similar to the commission recommendations. Whoever draws it up, a stricter set of ethics is certainly desirable. Even more urgently needed is a salary level that can attract and keep in Government people...