GUO Act of 2023

HR 3886, the GUO Act of 2023, requires federal judges, U.S. Attorneys, Assistant U.S. Attorneys, and their spouses to submit quarterly financial disclosures to the Judicial Conference or Attorney General. The bill mandates disclosure of foreign government payments, with the Judicial Conference referring potential violations to the Attorney General, who can enforce federal law and report violations to Congress. Individuals failing to file these disclosures face a $5,000 fine for each 30-day period of non-compliance. This bill directly affects covered federal officials by establishing new transparency requirements regarding foreign financial ties.