Taking aim at what she calls "the coziness between defense lobbyists, Congress, and the Pentagon," presidential candidate Sen. Elizabeth Warren on Thursday unveiled a plan to reduce the influence of defense contractors on the military and “cut our bloated defense budget.”
Introducing the Department of Defense Ethics and Anti-Corruption Act, the Massachusetts Democrat said there are “Talented and patriotic” people who work in the defense industry. But Warren argued the close relationship between the contractors and the Pentagon, "countless decisions, big and small, away from legitimate national security interests, and toward the desires of giant corporations that thrive off taxpayer dollars." [WARRENCALLSFORTRUMPIMPEACHMENT[1
The first step in Warren's plan is a ban on giant defense contractors hiring senior department of defense officials and general and flag officers for four years after they leave the DoD.
Warren calls her second step "a no brainer." It would ban senior DoD officials from owning or trading defense contractor. Stocks. And it would ban all DoD employees from owning or trading stock if they were in a position to influence that contractor's bottom line.
The senator's third step would be limit foreign governments from hiring former American national security officials. senior national security officials should not get paid big bucks to work for foreign governments – especially when that work undermines US interests. My plan would make it illegal, "she said.
WARREN SAY SHE'S NOT WORRIED ABOUT HER POLL POSITION
Warren is also calling for defense contractors to be required" to disclose the true scope of their lobbying activities. " Warren, who sits on the Senate Armed Services Committee, made her announcement as she and Rep. Jackie Speier, D-Calif., Introduced their bill.
Warren's introduction follows the introduction of a wide-ranging anti-corruption bill.