{"id":2468967,"date":"2025-07-31T04:11:01","date_gmt":"2025-07-31T08:11:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/royalty-transparency-act-approved-by-senate-committee-washington-examiner\/"},"modified":"2025-07-31T04:13:29","modified_gmt":"2025-07-31T08:13:29","slug":"royalty-transparency-act-approved-by-senate-committee-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/royalty-transparency-act-approved-by-senate-committee-washington-examiner\/","title":{"rendered":"Royalty Transparency Act approved by Senate committee &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Froyalty-transparency-act-approved-by-senate-committee-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2468967&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Senate Homeland Security and Governmental Affairs Committee unanimously approved the Royalty Transparency Act in a 13-0 vote. Introduced by Senators Rand Paul (R-KY) and Rick Scott (R-FL), the bill mandates that government employees and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fda-pushes-to-authorize-novavaxs-covid-19-vaccine-despite-serious-cardiovascular-safety-issues\/\" title=\"FDA Pushes To Authorize Novavax\u2019s Covid-19 Vaccine Despite Serious Cardiovascular Safety Issues\">advisory committee members<\/a> disclose any royalty payments they receive related to their official work. This legislation aims to increase transparency and accountability within the federal government by preventing conflicts of interest and ensuring that public policy is not influenced by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/james-comer-reveals-beijing-bank-wires-to-hunter-biden-at-joe-bidens-home-address\/\" title=\"James Comer exposes Beijing bank transfers to Hunter Biden at Joe Biden&#039;s residence.\">personal financial gains<\/a>. Representative Morgan Griffith (R-VA) introduced a companion bill in the House and is collaborating with the senators to pass the legislation. If enacted, federal agencies will be required to <a href=\"https:\/\/amzn.to\/3YuVZYV\" >submit annual reports disclosing royalty payments<\/a> of their employees to congressional intelligence committees, thereby enhancing public oversight and trust in government operations.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Royalty Transparency Act approved by Senate committee<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2185385\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The Senate Homeland Security and Governmental Affairs Committee approved the Royalty Transparency Act in a 13-0 vote on Wednesday.&nbsp;<\/p>\n<p>The bill was introduced by Sens. <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/rand-paul\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Rand Paul<\/a> (R-KY) and <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/rick-scott\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Rick Scott<\/a> (R-FL). It requires government employees and advisory committee members to acknowledge any royalty payments they may receive during their work. It is part of a process that will help increase government transparency and accountability efforts, according to a press release.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3487168\/texas-democrats-extreme-steps-gop-redistricting-james-talarico\/\">Texas Democrats are prepared to take &#8216;extreme&#8217; steps in response to GOP redistricting, James Talarico says<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/3487181\/senate-defeats-growing-democratic-bid-restrict-israel-military-aid\/\">Senate defeats growing Democratic bid to restrict Israeli military aid<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3487137\/house-republican-feuds-with-laura-loomer-doesnt-have-the-faintest-idea\/\">House Republican feuds with Laura Loomer: &lsquo;Doesn&rsquo;t have the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-republican-feuds-with-laura-loomer-doesnt-have-the-faintest-idea-washington-examiner\/\" title=\"... Republican feuds with Laura Loomer: \u2018Doesn\u2019t have the faintest idea\u2019 - Washington Examiner\">faintest idea&#038;rsquo<\/a>;<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;Under current law, federal employees are not required to report the source or amount of royalty payments they receive for their government-related work,&rdquo; read the release. &ldquo;This lack of transparency prevents taxpayers from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-cancels-fines-for-illegal-aliens-who-fail-to-leave-u-s-doesnt-serve-our-best-interest\/\" title=\"Biden Admin Cancels Fines For Illegal Aliens Who Fail To Leave U.S.: Doesn\u2019t Serve Our \u2018Best Interest\u2019\">holding individuals accountable<\/a> within the federal government for conflicts of interest and other abuse.&rdquo;&nbsp;<\/p>\n<p>Paul has long called for more government <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/transparency\/\" target=\"_blank\" rel=\"noopener\" title=\"\">transparency<\/a>. He claimed the proposed legislation was vital because it would help ensure that &ldquo;public policy isn&rsquo;t influenced by personal gain.&rdquo;<\/p>\n<p>&ldquo;The <em>Royalty Transparency Act <\/em>will allow more information to be seen by the public to ensure federal decision makers, and the policies they write, aren&rsquo;t being influenced by the royalty payments they receive,&rdquo; <a target=\"_blank\" href=\"https:\/\/www.paul.senate.gov\/dr-paul-reintroduces-transparency-bill-on-royalties-paid-to-government-officials\/\" rel=\"noreferrer noopener\">said<\/a> Paul.<\/p>\n<p>Scott also shared his views on the bill, describing why it is a vital piece of legislation.<\/p>\n<p>&ldquo;I am proud to support the <em>Royalty Transparency Act<\/em>, ensuring federal employees&rsquo; transparency and accountability to the American people,&rdquo; said Scott. &ldquo;Under current law, bureaucrats like Anthony Fauci and NIH employees were able to receive millions in royalty payments from companies outside the federal government without requirements for reporting, raising serious questions about potential conflicts of interest and fueling distrust in the federal government.&rdquo;<\/p>\n<p>&ldquo;Our bill will bring much-needed transparency to these payments by requiring they be publicly reported, helping to hold bureaucrats accountable to the American people and restoring trust in the federal government,&rdquo; Scott added.&nbsp;<\/p>\n<p>Rep. Morgan Griffith (R-VA) <a target=\"_blank\" href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/house-bill\/1863\/actions\" rel=\"noreferrer noopener\">sponsored<\/a> a House version of the bill and introduced it in March. Since then, he&rsquo;s been working with Paul and Scott to ensure the bill passes in both the Senate and the House.&nbsp;<\/p>\n<p>&ldquo;For too long, federal bureaucrats concealed the royalties they received, who they were paid by, what they were compensated for, and how much they were paid,&rdquo; said Griffith.&nbsp; &ldquo;As the Trump Administration ushers in a new era of transparency in our federal government, the Royalty Transparency Act will foster greater government transparency and accountability by requiring government officials in federal agencies to disclose the royalties that they receive as a result of their government service.&rdquo;&nbsp;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/3487181\/senate-defeats-growing-democratic-bid-restrict-israel-military-aid\/\"><strong>SENATE DEFEATS GROWING DEMOCRATIC BID TO RESTRICT ISRAELI MILITARY AID<\/strong><\/a><\/p>\n<p>If passed, the legislation would require the head of each agency conducting business interests on behalf of the U.S. to submit a <a target=\"_blank\" href=\"https:\/\/www.paul.senate.gov\/wp-content\/uploads\/2025\/03\/Royalty-Transparency-Act-of-2025.pdf\" rel=\"noreferrer noopener\">report<\/a> &ldquo;no later than 60 days after the date of enactment of the Royalty Transparency Act, and each year thereafter,&rdquo; to &ldquo;the Select Committee on Intelligence of the Senate and the Permanent Select Committee on Intelligence of the House of Representatives&rdquo; a report providing the financial disclosures of all employees &ldquo;under the jurisdiction of such agency for the preceding fiscal year.&rdquo;<\/p>\n<p>&ldquo;I am excited to work with Senator Paul so we can shine a light on these royalties and hold federal bureaucrats to a greater standard of accountability,&rdquo; Griffith added.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2185385\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2185385\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senate panel unanimously approves Royalty Transparency Act requiring officials to disclose royalty payments<\/p>\n","protected":false},"author":2677,"featured_media":2468968,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/Rand-Paul-META-scaled-1024x683.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[4762,60317,33653,12404,32076],"class_list":["post-2468967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-legislation","tag-royalty-transparency-act","tag-senate-committee","tag-transparency","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/Rand-Paul-META-scaled-1024x683.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2468967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2677"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2468967"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2468967\/revisions"}],"predecessor-version":[{"id":2468971,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2468967\/revisions\/2468971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2468968"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2468967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2468967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2468967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}