LC-17 · Politics

The revolving door

Regulate, then get hired

In ordinary words

A regulator or member of Congress can leave office and, after a cooling-off period that is often short, lobby former colleagues or advise the industry they oversaw.

Why people call it a crime

It looks like a delayed bribe. The statute usually calls it a career change with a waiting period.

A scene, not a hypothetical statute

A committee chair writes the bill the industry wanted, retires, and eighteen months later is “senior advisor” at the trade group, coaching the new lobbyists on who to call. The coaching may be lawful.

Where it stops being legal

Lobbying inside the cooling-off window, trading on material nonpublic information, or an explicit deal — official act for a future job — can be a crime.

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