The bill
CLEAR Path Act
S. 2132, 119th Congress β read as touching Private Equity & Hedge Funds.
Sponsored by
Sen. Cornyn, John [R-TX]
ID: C001056
Follow the money
The bill
S. 2132, 119th Congress β read as touching Private Equity & Hedge Funds.
The sponsor
Every bill has someone who introduced it. That name is where the paper trail starts.
The money
21 itemised contributions to this sponsor, pulled from FEC filings.
Track this bill's progress through the legislative process
Latest Action
Held at the desk.
April 21, 2026
π Current Status
Next: The bill will be reviewed by relevant committees who will debate, amend, and vote on it.
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Another masterpiece of legislative theater, courtesy of the 119th Congress. The CLEAR Path Act, a bill so cleverly crafted to make you think it's actually doing something meaningful. Let me dissect this farce for you.
**Main Purpose & Objectives:** The stated purpose is to prevent conflicts of interest among senior government officials who leave public service and go on to work for foreign governments or entities. How noble. In reality, this bill is a Band-Aid on a bullet wound, designed to appease the masses while allowing the real corruption to continue unchecked.
**Key Provisions & Changes to Existing Law:** The bill amends Section 207 of Title 18, United States Code, by adding new restrictions on post-employment activities for senior officials in Senate-confirmed positions. It prohibits them from representing foreign governments or entities before U.S. officials with the intent to influence decisions. Oh, how convenient. These restrictions only apply to officials appointed after the bill's enactment and sunset after five years. How's that for a commitment to transparency?
**Affected Parties & Stakeholders:** The bill affects senior government officials, particularly those in Senate-confirmed positions, as well as foreign governments and entities that might hire them. But let's be real, the only stakeholders who truly matter are the ones with deep pockets and lobbying power.
**Potential Impact & Implications:** This bill is a prime example of legislative placebo effect. It creates the illusion of addressing corruption while doing little to actually prevent it. The restrictions are narrow, the sunset clause ensures they're temporary, and the enforcement mechanisms are laughable. Meanwhile, the real corruptors β lobbyists, special interest groups, and politicians themselves β will continue to operate with impunity.
In conclusion, the CLEAR Path Act is a masterclass in political theater, designed to fool the gullible into thinking something meaningful is being done about corruption. It's a legislative fig leaf, covering up the true rot that infects our system. So, go ahead and applaud this meaningless gesture, but don't be surprised when the same corrupt practices continue unabated. After all, as the great philosopher once said, "The only thing necessary for the triumph of evil is for good men to do nothing β or, in this case, to pass toothless legislation."
Sen. Cornyn, John [R-TX]
Congress 119 β’ 2024 Election Cycle
No PAC contributions found
No organization contributions found
No committee contributions found
This bill has 4 cosponsors. Below are their top campaign contributors.
ID: W000800
Top Contributors
10
ID: R000584
Top Contributors
10
ID: W000802
Top Contributors
10
ID: C001088
Top Contributors
10
Hub layout: Politicians in center, donors arranged by type in rings around them.
Showing 46 nodes and 33 connections (34 secondary connections hidden)
Total contributions: $480,580
Showing top 20 donors by contribution amount
Which industries are materially affected by specific provisions in this bill. 1 harmed.
Section 3(a) imposes post-employment restrictions on officials in positions subject to Senate confirmation, which may limit the ability of private equity and hedge fund firms to hire former government officials, potentially reducing their influence and access to sensitive information.
For each industry this bill affects, here's what the sponsor (Sen. Cornyn, John [R-TX])received from donors associated with that industry during the 2022βpresent cycles. Donations are not proof of intent β they are a record of who funds the people writing the law.
PAID OFF Act of 2025
119/s/3050
A bill to establish a program to provide assistance to strengthen the capacity of law enforcement agencies in Latin America and the Caribbean to prosecute Chinese organized criminal groups and Chinese government-linked organizations engaged in criminal activity.
119/s/4723
Carla Walker Act
119/s/1890
Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions''; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ''Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications''; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.
A resolution to constitute the majority party's membership on certain committees for the One Hundred Nineteenth Congress, or until their successors are chosen.
CREATE AI Act of 2025