Iowa’s legislators marked Sunshine Week, a weeklong celebration of transparency and accountability in government, by introducing bills to enable whistleblowers and shine more light on federal spending and the courts. Legislators also proposed legislation focused on biochar, beagles, biofuels and babies.
Sen. Chuck Grassley and Democratic Massachusetts Sen. Elizabeth Warren reintroduced a bill that would strengthen protections for whistleblowers at the U.S. Securities and Exchange Commission (SEC).
“Whistleblowers bring sunshine to the corners of our government and the private sector where waste, fraud and abuse are taking place in the shadows,” Grassley said. “The American people have whistleblowers to thank for recovering billions of valuable taxpayer dollars.”
The SEC Whistleblower Reform Act of 2023 would protect whistleblowers from retaliation if they report violations to a direct superior, according to a press release. Currently, whistleblowers are only protected if they report directly to the SEC or “certain select officials.” The bill would also “ensure that claims and awards are processed in a timely manner” and “clarify that whistleblowers cannot waive their rights through a predispute arbitration agreement.”
Grassley helped create the SEC’s whistleblower program in 2010. The SEC reported receiving a record number of whistleblower tips in Fiscal Year 2022 and has collected billions in fines since...
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