HR 2494 · 115th Congress · Government Operations and Politics
Drain the Swamp and the President's Assets Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Oversight and Government Reform.(2017-05-17)
Plain Language Summary
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Drain the Swamp and the President's Assets Act This bill amends the Ethics in Government Act of 1978 to prohibit the President from holding any asset that would be considered a disqualifying financial interest under applicable criminal code provisions. The President may place any such asset into a blind trust. The trustee or other entity who is involved in the management or control of the blind trust shall divest the blind trust of such asset. A violation of this bill's prohibition constitutes an impeachable offense.…
Summarized by Claude AI · Non-partisan · For informational purposes only