; (iii) policies that subject all employees, fellows, trainees, contractors, consultants, and other agents of the Foundation (including ex officio and appointed members of the Board) to conflict of interest standards; and (iv) the specific duties of the Executive Director. (B) Requirements The Board shall ensure that the bylaws of the Foundation and the activities carried out under those bylaws shall not— (i) reflect unfavorably on the ability of the Foundation to carry out activities in a fair and objective manner; or (ii) compromise, or appear to compromise, the integrity of any Federal agency or program, or any officer or employee employed by, or involved in, such an agency or program. (C) Amendments to bylaws The Assistant Secretary, by rule in accordance with section 553 of title 5, United States Code, may abrogate, add to, or modify the bylaws of the Foundation in a manner that the Assistant Secretary determines necessary or appropriate to— (i) ensure the fair administration of the Foundation; (ii) conform those bylaws to other applicable rules issued by the Assistant Secretary