Charles A. Beamon

Designated Agency Ethics Of?cial
Federal Energy Regulatory Commission
888 First St., NE

Washington, DC. 20426

Dear Mr. Beamon:

The purpose of this letter is to describe the steps that I will take to avoid any actual I
or apparent con?ict of interest in the event that I am con?rmed for the position of
Commissioner, Federal Energy Regulatory Commission.

As required by 18 U.S.C. 208(a), I will not participate personally and substantially
in any particular matter in which I know that I have a ?nancial interest directly and
predictably affected by the matter, or in which I know that a person whose interests are
imputed to me has a ?nancial interest directly and predictably affected by the matter, unless
I ?rst obtain a written waiver, pursuant to 18 U.S.C. 208(b)(l), or qualify for a regulatory
exemption, pursuant to 18 U.S.C. 208(b)(2). I understand that the interests of the
following persons are imputed to me: any spouse or minor child of mine; any general
partner of a partnership in which I am a limited or general partner; any organization in
which I serve as of?cer, director, trustee, general partner or employee; and any person or
organization with which I am negotiating or have an arrangement concerning prospective
employment.

I recently resigned from my position with the Texas Public Policy Foundation. For
a period of one year after my resignation, I will not participate personally and substantially
in any particular matter involving speci?c parties in which I know the Texas Public Policy
Foundation is a party or represents a party, unless I am ?rst authorized to participate,
pursuant to 5 C.F.R. 2635 .502(d).

I will retain my position as a trustee of the BSM Family Trust. I will not receive
any fees for the services that I provide as a trustee during my appointment to the position
of Commissioner, Federal Energy Regulatory Commission. I will not participate
personally and substantially in any particular matter that to my knowledge has a direct and
predictable effect on the financial interests of the BSM Family Trust or its underlying
assets, unless I ?rst obtain a written waiver, pursuant to 18 U.S.C. 208(b)(1), or qualify
for a regulatory exemption, pursuant to 18 U.S.C. 208(b)(2).

 

If I have a managed account or otherwise use the services of an investment
professional during my appointment, I will ensure that the account manager or investment
professional obtains my prior approval on a case-by-case basis for the purchase of any
assets other than cash, cash equivalents, investment funds that qualify for the exemption at
5 C.F.R. or obligations of the United States.

I understand that as an appointee I will be required to sign the Ethics Pledge (Exec.
Order No. 13770) and that I will be bound by the requirements and restrictions therein in
addition to the commitments I have made in this ethics agreement. I also understand that
I am subject to the standards of ethical conduct for employees of the Executive Branch.

I will meet in person with you during the ?rst week of my service in the position of
Commissioner in order to complete the initial ethics brie?ng required under 5 C.F.R. 
2638.305. Within 90 days of my con?rmation, I will document my compliance with this
ethics agreement by notifying you in writing when I have completed the steps described in
this ethics agreement.

Finally, I have been advised that this ethics agreement will be posted publicly,
consistent with 5 U.S.C. 552, on the website of the US. Of?ce of Government Ethics
along with ethics agreements of other Presidential nominees who ?le public ?nancial
disclosure reports.

Sincerely,

 
 
  

 
 

Bernard L. McNamee